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When Business Partners No Longer See Eye to Eye: The Shareholders’ Agreement as a Tool to Prevent Corporate Deadlock

When Business Partners No Longer See Eye to Eye: The Shareholders’ Agreement as a Tool to Prevent Corporate Deadlock

by GLC Legal | Aug 19, 2026 | Costa Rica Eng, Blog Eng, Commercial Law

Shareholders’ Agreement in Costa Rica: How to Prevent Corporate Deadlock Many companies are formed in an atmosphere of trust. As long as the partners remain in agreement, rules for addressing conflict may seem unnecessary. The problem arises when that trust...
Change of Shareholders in a Costa Rican LLC (S.R.L.): What Must Be Done

Change of Shareholders in a Costa Rican LLC (S.R.L.): What Must Be Done

by GLC Legal | Mar 18, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

One of the most common mistakes in Costa Rican companies occurs when quotas are transferred in a Sociedad de Responsabilidad Limitada (S.R.L.). Many believe that signing a private agreement is enough. However, the process is more complex. In an S.R.L., the transfer of...
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