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Costa Rica

COSTA RICA: ULTIMATE BENEFICIARY OWNER REPORT FOR FISCAL YEAR 2020 MUST BE SUBMITTED IN SEPTEMBER

July, 2020

The Ultimate Beneficiary Owner (UBO) report for fiscal year 2020 must be submitted during September 2020.Based on guideline DGT-ICD-R-06-2020 “Joint regulation for the Ultimate Beneficiary Owner report” , UBO report must be submitted by legal entities and branches incorporated in Costa Rica on...

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DECEMBER 1st AS THE DAY OF THE ABOLITION OF THE ARMY IN COSTA RICA

July, 2020

On May 19, 2020, the President Costa Rica, Carlos Alvarado, signed Law N.9803, which establishes an amendment to Article 148 of the Labor Code, which incorporates December 1st as a non-binding holiday in celebration of the Abolition of the Army in Costa Rica.This was made official today, July 2nd, 2...

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COVID-19 LEGAL TASK FORCE COSTA RICA – UPDATE 30

July, 2020

Arias created an interdisciplinary task force with the participation of different practice areas, that is monitoring and informing about measures taken by the Government to mitigate the impact of COVID 19. The Government of the Republic expands the restrictive measures, due to the increase in c...

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ARIAS COSTA RICA, TALENT AND LEADERSHIP

June, 2020

Being recognized as a “Tier 1” firm in Baking and Finance, M&A and Project Development in Costa Rica fills us with pride and motivates us to continue encouraging our legal talent and serving our clients the best possible way.The International Financial Law Review (IFLR1000) is the guide to the w...

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