JD Supra Costa Rica
- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
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Latest documents
- Buying and Selling Real Estate in Costa Rica (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER COSTA RICAN LAW - General - Real estate law in Costa Rica is governed by the principles established in the Costa Rican Civil Code for acquiring, selling, and disposing of property. The official registration of real property is made through a registry system, which the Real Property Registry of the Costa Rican National Registry administers. This system consists of a deed registration system, which provides for the public registration of legal instruments affecting land.
- Buying and Selling Real Estate in Costa Rica (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER COSTA RICAN LAW - General - Real estate law in Costa Rica is governed by the principles established in the Costa Rican Civil Code for acquiring, selling and in any way disposing of property. The official registration of real property is made through a registry system, which is administered by the Real Property Registry of the Costa Rican National Registry. This system consists of a registration deed system, which provides for the public registration of instruments affecting land. Please see full Chapter below for more information.
- Establishing A Business Entity In Costa Rica (Updated)
1. Types of Business Entities in Costa Rica - The most common types of business entities in Costa Rica are Corporations, known as Sociedades Anónimas (also referred to as “S.A.”), and Limited Liability Companies, known as Sociedades de Responsabilidad Limitada (also referred to as “Limitada” or “Ltda.”), which are governed by the Costa Rican Code of Commerce. Please see full Chapter below for more information.
- Establishing A Business Entity In Costa Rica (Updated)
1. Types of Business Entities in Costa Rica - The most common types of business entities in Costa Rica are Corporations, known as Sociedades Anónimas (also referred to as “S.A.”), and Limited Liability Companies, known as Sociedades de Responsabilidad Limitada (also referred to as “Limitada” or “Ltda.”), which are governed by the Costa Rican Code of Commerce. The Costa Rican Code of Commerce also establishes three other business forms: Sole Proprietorship Companies, also known as “One Man Companies”; Partnerships; and Collective Name Companies. No additional reference will be made to these types of business forms, since they are less used in Costa Rican business practice. Please see full Chapter below for more information.
- Costa Rica: Law to extend the application of work shift reductions for up to one year for the tourism sector (Law 9982)
On May 21, 2021, Law 9982 came into force, extending the application of work shift reductions for companies in the tourism sector. Consequently, for up to one year, and as long as the state of emergency continues, the tourism sector can apply for the authorization of the said reductions, at the Ministry of Labor.
- Costa Rica: Amendment to the Law Against Sexual Harassment – Obligation to keep a record of disciplinary sanctions
On 29 April 2021, an amendment to articles 5 and 34 of the Law Against Sexual Harassment was published in the Official Gazette. The amendment provides the obligation of employers to keep an updated record of any disciplinary sanction related to sexual harassment conducts of its employees.
- Costa Rica: Q&A - Employer COVID-19 Vaccination Policies (UPDATED)
WLG asked member firms around the globe to provide some insight on employer and employee rights when it comes to requiring the COVID-19 vaccine to return to work. Responses for Costa Rica have been updated with new questions since its initial publication in January.
- Costa Rica: Extension of the deadline to comply with the 2021 Ultimate Beneficial Owner (UBO) Registry
The deadline for filing the UBO 2021 was extended another month, as per the publication of April 29, 2021, on the Official Gazette. Originally, the deadline to comply with this obligation was on April 30, 2021, and the new deadline for filing is May 31, 2021.
- Costa Rica: Recent amendments to immigration measures
Resolution No. DJUR-0031-03-2021-JM, published in The Official Gazette No. 43 of 3 March 2021, some temporary administrative measures were amended by the Immigration Authorities (DGME), of interest to our clients...
- Costa Rica: Opening of land borders as of April 5, 2021
On February 26, 2021, an amendment to article 29 of Executive Decree number 42690-MGP-S, dated October 30, 2020, was published in the Official Gazette.
Featured documents
- Employment Law in Costa Rica: A Country Protective of its Employees and Natural Environment
On January 9, 2013 it was reported in thecostaricanews.com that the Costa Rican government has announced a new aggressive policy to attract foreign investment. According to the article, the government of Costa Rican’s President Laura Chinchilla Miranda, elected in 2010, stated that: 1) the national ...
- Electronic Invoicing
We would like to remind you about the obligation to implement electronic invoicing as the only mechanism accepted by the Tax Administration for the control of taxable income and deductible expenses....
- Judicial proceedings against the State in Costa Rica could be accelerated according to a proposal of legal reform
This week an International Seminar organized by the Costa Rican Bar Association was held, in order to discuss a preliminary draft reform of the Contentious Administrative Procedural Code, aimed at accelerating judicial proceedings against the State and its institutions, for the benefit of the...
- Buying and Selling Real Estate in Costa Rica (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER COSTA RICAN LAW - General - Real estate law in Costa Rica is governed by the principles established in the Costa Rican Civil Code for acquiring, selling and in any way disposing of property. The official registration of real property is made through ...
- Costa Rica: The Special 301 Report by USTR recognizes the country's progress on IP matter
This year Special 301 Report brings good news: Costa Rica was removed from the Watch List after 25 years due to concrete steps took to improve the Intellectual Property environment within the country....
- Costa Rica: New regulation rules the adoption of anti-corruption and anti-bribery programs
On August 27, 2020, the regulation to the Law for Criminal Liability of Legal Entities on Domestic Bribery, Transnational Bribery, and other Crimes, Law No. 9699, was published by executive decree No. 42399-MEIC-MJP, one year after the entry into force of this law. The regulation aims to promote...
- Costa Rica: Law to extend the application of work shift reductions for up to one year for the tourism sector (Law 9982)
On May 21, 2021, Law 9982 came into force, extending the application of work shift reductions for companies in the tourism sector. Consequently, for up to one year, and as long as the state of emergency continues, the tourism sector can apply for the authorization of the said reductions, at the...
- International Privacy - 2013 Year in Review - Central and South America
1. Costa Rica - On March 5, 2013, Costa Rica’s data protection law, originally passed in 2011, came into force. The law, the Ley Protección de la Persona frente al tratamiento de sus datos personales, Law 8968, requires explicit data subject consent for any processing of data. Under ...
- New Civil Procedure Code will come into force on October 9, 2018
The new Civil Procedure Code presents multiple changes that may affect some civil, commercial or collection procedures that are currently on the docket in Costa Rica....
- First CBD oil registry issued in Costa Rica
The Costa Rican Ministry of Health has issued the first CBD oil registry on July 2019. This event represents the beginning of the Medicinal Cannabis and Hemp era for Costa Rica and probably for the Central American region....