Costa Rica Provides Three-Month Moratorium on Penalties for Failure to Comply with Beneficial Ownership Registration Requirements

Costa Rica published Law No. 9810 in the 30 January 2020 edition of the Official Gazette, which provides a three-month moratorium for penalties for failing to comply with beneficial ownership registration requirements. For beneficial ownership declarations that were required by 31 January 2020 in respect of the 2019 period, 100% penalty relief is provided if declarations are made during the fi…
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