Reform to Lift "Corporate Veil"If successful, the bill being discussed in the Legislative Assembly of Costa Rica, will make shareholders of corporations liable in cases of fraud.Thursday, August 28, 2014
The Legal Affairs Committee has endorsed a bill entitled Lifting the Veil of the Legal Personality, to be discussed in the plenary of the Legislative Assembly. The initiative aims to reform the Code of Commerce so that shareholders of corporations will be held accountable for the acts of the company in the event of any breach or violation of rights. Source: Ameliarueda.com ¿Busca soluciones de inteligencia comercial para su empresa?Shareholder Registry Revived in Costa RicaJune 2016 A bill approved in the Legislative Commission creates a register of shareholders to which the tax authority would have unrestricted access. Concern Over Proposal on Right to StrikeSeptember 2014 A proposed amendment to the Labour Code of Costa Rica would allow for strikes with only 16% of total workers in companies whith no unions. Shareholders in Company FraudOctober 2012 The Legislative Assembly of Costa Rica is discussing a bill to extend the liability of legal persons to shareholders, in cases of fraud or incompliance Measures Against Tax EvasionApril 2012 Bill aims to make public the names of people and companies that are in arrears in the payment of taxes in Costa Rica.
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