Procedure of Company Registration
There is no requirement to travel to Costa Rica in order to follow registration procedures for a company. The following process is followed in order to register:
- A Deed of Registration is drafted and executed before a Notary Public
- A Notice of Registration is published in the Official Gazette
- Once registered the corporation must request the approval of the legal accounting books before the Tax Authorities
- Once the books are authorized the shareholders registry book is updated accordingly and share certificates are issued
The above registration process takes around 2 weeks.
FATF Releases Guidance for Virtual-Asset Service Providers Dealing with Crypto-currency
The June 2019 plenary session of the global Financial Action Task Force (FATF) ended with the issuance of a binding interpretive note for international regulation of virtual assets and virtual-asset service providers.