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Considerations for Incorporating a Company When Buying Property in 2019

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 […]

Who pays taxes in Costa Rica

Who pays taxes in Costa Rica

When you work, own a business, or a property in Costa Rica, you have to pay taxes in Costa Rica as well. Do your homework and learn which taxes in Costa Rica, when they have to be paid, and other details. This guide will assist you in having you always up to date on all […]

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

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 […]

Corporation tax 2017

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 […]