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The Costa Rican government will require full disclosure starting next month of everyone’s secrets hidden in companies.
Unless the powers-that-be change their minds again, full registration of all legal entities in the country, as mandated by Law 9416, will begin on Sept. 1 and continue through the end of January.
The first deadline was March 1, six months ago, to start the process, but many business leaders complained loudly, so the deadline was extended. There has been so much tax news this year, it is easy to get confused by all the information, so an update follows to refresh people's memories.
