Yes, in that case the legal representative of the constituent company appears.

In the corporation, the shares are transferable by endorsement, and it is managed by a board of directors composed of at least three members (president, secretary and treasurer). In addition, a prosecutor must be appointed. In the limited liability company the shares are not transferable by endorsement and the company is managed by one or more managers. In general, both companies have the same function.  

The Transparency and Beneficial Ownership Registry (RTBF) declaration must be submitted annually in April by all companies registered in the National Registry. To make this declaration you need your digital signature and the information of the shareholders of your company. If you need help you can check the steps to follow in the page of the Ministry of Finance(link) or write to us and we will help you!

In Costa Rica, companies are dissolved for the reasons established in the Commercial Code: i) the expiration of the term; ii) the impossibility of realizing the object pursued by the company; iii) the definitive loss of 50% of the capital stock; iv) partner's agreement.

The dissolution and liquidation of a company are the processes that are carried out for the extinction of a company. The dissolution is the process by which the company is extinguished from the legal life, a process that must be registered in the National Registry. The liquidation of a company is the process after the dissolution by which all the company's liabilities are paid and the remainder is distributed among the partners.  

All resolutions of shareholders' meetings that modify the constituent agreement of a company, or that require some modification in the appointments, must be registered in the National Registry.

The shareholders agreements to make the relevant changes must be presented before a notary public who will pass notarize it and send it to the National Registry for its due registration.