On August 4, 2016, the Costa Rican Congress approved the Minority Investor Protection Act, Law No. 9392 that came into force on October of that same year,  filling an important legal vacuum within corporations in Costa Rica and that also places our country at the levels of best practice and standards of the Organization for Economic Cooperation and […]

Requirements for obtaining a legal residence in Costa Rica ERP Lawyers & Associates provides immigration services for our clients, specifically to obtain Legal Residencies, depending on the category of the applicant. There are general immigration requirements, which apply to all the different categories established in our legislation. These requirements are: a) The residency applications may be submitted directly in […]

There are various types of legal corporations In Costa Rica but the two most common are the “Sociedad Anónima” (S.A.), which is very similar to a “corporation”, and the “Sociedad de Responsabilidad Limitada” (S.R.L.), which is comparable to a limited liability company, “LLC”. In order to incorporate and register them, a minimum of two partners […]

The tax on Legal Persons or Corporations came into force in April 2012 and applies to all commercial companies that are already registered in the National Registry (such as Limited Liability Companies, among others), as well as for new companies that are in the process of registering or are going to register A distinction must […]