Bank accounts are a crucial step for companies to manage their finances through local financial institutions. This process involves submitting the necessary documentation required by Costa Rican banks, enabling companies to access fundamental financial services for their proper operation.

After registering the company with the National Registry, it is necessary to proceed with registration with the tax administration to comply with the tax obligations corresponding to one or several economic activities.

Depending on the type of business and whether there is a public storefront, additional permits may be required from local authorities such as municipalities. These permits are necessary to ensure compliance with current regulations and standards.

Payment of these permits is done annually, usually in January. The amount to be paid is CRC 69,000 colones (USD 125) for inactive companies and CRC 125,000 colones (USD 230) for active companies. These amounts are subject to change, and it is essential to verify updated information before making the corresponding payment.

This is the Shareholders Registry at the Central Bank of Costa Rica. In this registry, information is provided about the owners of the shares of the companies, up to the ultimate beneficiary, who is a natural person. The purpose of this registry is to ensure transparency and prevent money laundering by identifying individuals with a stake in the companies and knowing who the true beneficiaries of the shares are.