PROPOSED NEW REGULATION FOR THE INFORMATIVE TAX DECLARATION OF INACTIVE LEGAL ENTITIES (Part I)
As previously informed, the Tax Authorities "Ministerio de Hacienda" published on November 9, 2022, La Gaceta number 214...
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REGISTRATION OF IMPORTED SHIPS (Part II)
Technical Inspection Form: Carried out by the authorized inspectors of the Maritime Transportation Department of the MOPT. Section 65 RORPPM.
REGISTRATION OF IMPORTED SHIPS (Part I)
As people find Costa Rica the place to live, enjoy or retire, many want to take advantage of the beautiful nature, scenes, oceans, and fishing
ANNUAL CORPORATE TAX
Due date: January 31st of each year.
Extension for filing the Informative Declaration of Inactive Companies ( form D 101) in Costa Rica.
The Tax Authorities "Ministerio de Hacienda" published on November 9, 2022, La Gaceta number 214, the resolution DGT-R-033-2022
Building Permits in the Pura Vida land: Steps to take before breaking ground (Part II)
In the previous email we reviewed the first requirements requested. Now we will finish reviewing the mandatory and essential documentation required as well as additional documents...
Building Permits in the Pura Vida land: Steps to take before breaking ground (Part I)
Many new buyers may want to develop their Costa Rican land acquisitions. Regardless of whether the development plan is for a family vacation home, condominium complex, or hotel...
Chartering in Costa Rica for international vessels is allowed!
Ley de Impulso a las Marinas Turísticas y Desarrollo Costero
Digital Nomads: work remotely from the land of Pura Vida! (Part II)
We will give you more information about the dependent requirements and the process to follow to obtain this immigration status
Digital Nomads: work remotely from the land of Pura Vida! (Part I)
"Ley para atraer trabajadores y prestadores remotos de servicios de carácter internacional," also known as "Digital Nomads."
Do you live in a condo complex? You might be interested to know about law 10229 (Part II)
..Also, it specified that if green areas or parks from the common areas are going to be reduced or eliminated, this decision needs unanimous approval from the HOA...
Do you live in a condo complex? You might be interested to know about law 10229 (Part I)
The CR Congress, "Asamblea Legislativa," approved a law that modifies section 27 in the "Ley Reguladora de la Propiedad en Condominio"
Mortgage registration in Costa Rica
Unlike in some other countries, anyone can buy real property in Costa Rica. The buyer is not required to have CR citizenship...
Ley de voluntades anticipadas. Law for advance directives for medical decisions (Part II)
All public and private health centers must provide the necessary measures for exercising this Right. Said declaration will be kept in the clinical file with confidentiality...
Ley de voluntades anticipadas. Law for advance directives for medical decisions (Part I)
Costa Rica took an essential step in respecting the people's autonomy over their life regarding health care and medical treatment.
Buying real estate in Costa Rica (Part II)
In the previous email, we talked about frequently…
Buying real estate in Costa Rica (Part I)
The Real Estate market in Costa Rica is very robust and buyer and sellers alike need to be aware of the regulations and laws of the Country...
Rental Properties: Mandatory registration for non-traditional lodgings (Part II)
Companies that are intermediaries, such as Airbnb, are also required to follow the regulations of Law N. 20865, including paying the taxes due if the user's payment is made through the service platform.
Rental Properties: Mandatory registration for non-traditional lodgings (Part I)
As established in the "Law for the Regulation of Non-Traditional Accommodation Through Digital Platforms (N. 20 865)", rental properties in Costa Rica for tourist
FAQS for Expats in Costa Rica (Part II)
CR Tax Authorities established the mandatory use of the electronic invoice system for all taxpayers, including real estate rentals, starting September 1st, 2018...
FAQS for Expats in Costa Rica (Part I)
Expats can apply for residency in Costa Rica: either as a fixed annuity (rentista), investor (inversionista), retiree (pensionado).
Home Luxury Tax for 2022 (Part II)
The buyer is only jointly liable for the tax payment in the fiscal period when they are buying (according to section 7 of Law # 8683 and section 20 of the Regulation of the Solidarity Tax law)...
Home Luxury Tax for 2022 (Part I)
The entity or person obliged to file and pay the tax is that one that owns the ¨Luxury Home¨ as of January 1st of each year. This includes parties in a co-ownership as well.
Digital Nomads Welcomed in Costa Rica (Part II)
Immigration status: Beneficiaries will be granted the category of non-resident, subcategory "Worker or Remote Service Provider". The immigration benefit will be granted for one year, extendable for a single period...
ESTATE PLANNING IN COSTA RICA
'Da tua dum tua sunt, post mortem tunc tua non sunt'.
(Give that which is yours while it is yours; after death, it is not yours).
MANDATORY DISCLOSURE WITH THE CENTRAL BANK FOR 2019 AND 2020
CR Tax office published on their webpage the list of corporations that didn't comply with the 2019 mandatory disclosure submission.
MANDATORY DISCLOSURE SUBMISSION FOR 2020
According with the resolution DGT-ICD-R-06-2020 issued by the CR Tax Office:
The 2020 ordinary declaration must be filed in September instead of April.