Tag: Corporation tax

Current Considerations for Incorporating a Company When Buying Property in 2019

I started practicing law in Costa Rica in 2003. At the time, incorporating, or not incorporating a company in Costa Rica to hold real property and other assets, was a straight forward decision. Property buyers were Incorporating a Company for basically 3 reasons: 1. Limited liability aspect afforded by the corporate structure. 2. Anonymity afforded…

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My corporation was dissolved by the Public Registry – did I lose my property?

Are you amongst the more than 250,000 corporate owners whose corporation was dissolved by the Public Registry for non-payment of the Corporate Tax? If your corporation was dissolved by the Public Registry, what happened to your property? During the real estate boom of 2007-2008, real estate developers set up corporations so that their clients, could…

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Requirement Corporation filing Form D-140 is mandatory

Now, a Costa Rican corporation filing is also required, if your corporation is inactive. Just paying the 2017 corporation tax is not enough. In another blog, I already explained what and how you can make the 2017 corporation tax payments. The Finance Ministry of Costa Rica has decided that the new corporation tax also requires…

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The New Costa Rica Annual Corporation Tax 2017 is in Effect

The new annual Corporation Tax Law (Ley de Impuesto a las Personas Jurídicas) # 9428 has been approved and published in the Official Newspaper La Gaceta. Therefore, you will have to pay Corporation Tax 2017. Some information in this article is not up to date anymore. For up to date information (made on 2/22/2018) go to…

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Costa Rica expat tax update 2014 – 2015

Any idea what taxes you have to pay in Costa Rica and when? Probably not… Therefore, let’s give you a Costa Rica expat tax update. In Costa Rica, most taxes and other payments, especially when you have employees, are due between December and January each year. Aguinaldo (Christmas Bonus) has to be paid in December, so…

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