The fine of ¢1,386,600 is the automatic minimum penalty that corporations in Costa Rica face for failing to complete the Transparency and Beneficial Ownership Registry (RTBF) in 2026. With the tightening of fiscal controls, avoiding the fine of ¢1,386,600 is no longer an option, as the system detects non-compliance in real-time at the close of the April period. This financial penalty is just the first step in a series of blocks that restrict the mobility of your assets.
Why does the RTBF generate a fine of ¢1,386,600?
Current regulations establish that non-compliance in providing beneficial ownership information is sanctioned based on the current base salary of ¢462,200.
- Sanction Calculation: For inactive corporations, the infringement equals three base salaries, setting the fine of ¢1,386,600 as the minimum amount to be paid.
- Scalability: In companies with commercial activity, the penalty can reach up to 2% of gross income, with a cap of 100 base salaries.
- Automation: Upon the deadline of April 30th, the system marks the corporation as “non-compliant,” triggering administrative collection.
Consequences of RTBF non-compliance fines
Beyond paying the fine of ¢1,386,600, corporations face a “legal paralysis” that directly affects their equity:
- National Registry Block: No documents, sales, purchases, or mortgages can be registered while RTBF non-compliance fines persist.
- Restriction of Powers of Attorney: Notaries and the Registry are prohibited from issuing certificates of legal standing (personerías) to defaulting corporations.
- Risk of Dissolution: The accumulation of sanctions and lack of transparency empower authorities to initiate de oficio dissolution processes, putting property ownership at risk.
Consequences of RTBF non-compliance fines
Beyond paying the fine of ¢1,386,600, corporations face a “legal paralysis” that directly affects their equity:
- Restriction of Powers of Attorney: Notaries and the Registry are prohibited from issuing certificates of legal standing (personerías) to defaulting corporations.
- Risk of Dissolution: The accumulation of sanctions and lack of transparency empower authorities to initiate de oficio dissolution processes, putting property ownership at risk.
📩 Avoid penalties today. Message us on WhatsApp +506 8723 1122 to manage your declaration and avoid the fine of ¢1,386,600.
