ANNUAL CORPORATION TAX: DON’T FALL BEHIND
Do you own property or a business in Costa Rica?
Most expats form a corporation (SA or SRL )to purchase investment real estate or open a business.
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NEW STARTING DATE FOR THE MANDATORY SHAREHOLDERS REGISTRY WITH THE CENTRAL BANK OF COSTA RICA.
With the objective of facilitating the fulfillment of the obligation that the corporations must provide, regarding the composition of their social capital
TAX UPDATES
Pursuant to Executive Decree No. 41040-H dated April 5th, 2018, the Tax Administration establishes the mechanisms
NEW REGULATORY CHANGES FOR SUGEF REGISTRATION
On October 8, 2018, CONASSIF (National Council for Financial System Supervision) approved a new regulation, SUGEF Agreement 11-18, related to the registration
2019 ANNUAL CORPORATE TAX
As of September1st, 2017 all corporations, subsidiaries, and limited liability companies that are currently registered before the National Registry
2019 ANNUAL CORPORATE AND REAL PROPERTY TAXES
As a real property and/or CR corporation owner, you should be aware of taxes that need to be paid annually. Those who do not pay may be subject to fines and judicial collection procedures
LUXURY HOME TAX
The so called ´Solidarity Tax´ for the Strengthening of Housing Programmes (Impuesto Solidario para el Fortalecimiento de Programas de Vivienda), Law # 8683, commonly referred to as the 'Luxury Home Tax'applies to houses, condos and apartments of which construction/building value exceeds a certain amount.
REAL ESTATE RENTALS WILL SOON BE SUBJECT TO THE SAME LEGAL REQUIREMENT FOR ELECTRONIC INVOICING (FACTURA ELECTRONICA) AS ALL OTHER TAXPAYERS IN COSTA RICA.
The transition to a mandatory electronic invoicing system for taxpayers got underway earlier this year, as an outcome of 2016 legislation 'to improve the fight against tax fraud' in Costa Rica. Under a 2018 schedule of phased-in compliance deadlines, Resolution No. DGT-R-51-2016
HOME OWNER’S ASSOCIATION MEETINGS
Each condominium complex has a set of bylaws or Covenants, Conditions, and Restrictions (CC&Rs) that outline all the rules, regulations, dues, rights and obligations of the condo owners.
WE’RE GROWING!
We are pleased to present our new attorneys. This year we seek to strengthen our team with women leaders in their area by empowering them in the legal profession while we cultivate an equitable ...