Accountancy in Costa Rica

>> Audit Requirements in Costa Rica

According to the Costa Rican legislation, the following entities must audit their financial statements at least once a year:

  • Government banks
  • Government banks created by special laws
  • Private banks
  • Non-banking financial entities
  • Credit unions.
  • Savings and loan associations
  • Brokerage houses
  • Investment fund companies
  • Companies that publicly trade securities
  • Complementary pension fund companies
  • Other pension regimes created by special laws
  • Large business taxpayers

Requirements and thresholds

Sometimes, financial entities also demand their debtors to submit audited financial statements when the debt exceeds certain threshold, which varies according to the financial entity regulations.


Latest version updated 10th April 2019

Country Breakdown

4.9

Million

Population

?

Costa Rican colón

Currency

$ 57.06

Billion

GDP

51,100

km2