JD Supra Costa Rica

Publisher:: JD Supra
Publication date:: 2019-04-29

Publisher

JD Supra (102)

Law Firm

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.