Companies must have an email address for notifications and stamp tax for contracts is no longer required.

  1. Law 10597: Mandatory Electronic Notifications for Companies
    Published in Supplement 195 of La Gaceta on December 3, this reform changes the way a commercial company receives notifications:

    • New company: New company bylaws must include a valid email address as the official notification address.
    • Existing company: Within six months, the National Registry will launch a system to register an email address at no cost. Resident agents will not be required.
  2. Simple Law I (Law No. 10586): Greater Competitiveness, Fewer Taxes
    This new law eliminates a series of taxes, including the stamp tax previously required for all contracts signed in Costa Rica.

These reforms significantly change the way companies operate in commercial and business matters.

Questions? Contact us for guidance. We’re here to help you comply with the new regulations!

For more information, contact us at [email protected]