How to File the Beneficial Company Owner Disclosure Form In Costa Rica Part I

As of September 1, 2019 Costa Rican law requires all corporations to disclose and record the beneficial owners of all corporations.

What is the objective of the is law and regulations ?

The objective of this law is to identify all the ultimate individual beneficial shareholders for all corporate entities registered in Costa Rica.

Why are they doing this ? Costa Rica wants to comply with the OECD (Organization for Economic Cooperation and Development) anti money laundering compliance directives.

To file the declaration you must have a digital signature card (Firma Digital) and then file the form with the database provided by the Central Bank at

If you need information on the procedure to get a digital signature card then go their website at

The timeline for filing is based on the last digit of your corporation identity card:

0 & 1 files in September 2019
2 & 3 files in October 2019
4 & 5 files in November 2019
6 & 7 files in December of 2019
8 & 9 files in January 2020

See our article on this subject: at

Costa Rica beneficial owner disclosure,Beneficial owners,mandatory shareholder disclosure,ultimate beneficiary in Costa Rica,