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 […]
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 […]
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 […]
Great news: we have a November 2017 update Corporation tax. Thankfully the tax authorities are reacting to the mess they’ve created on the Corporation tax and form D140. I can assure you, it is driving me nuts. Last Update: The tax authorities have decided to re-do form D-140 again, I have deleted the old forms […]
Last week’s article about the requirement for inactive corporations to file Form D-140 has generated lots of emails and comments on our social media. NOTE: When I wrote this blog, I had published Form D-140 from 2011 that was replaced by a new form in 2016. A reader on the social media said there were two […]
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 […]
The corporation tax 2017 payments can be made now. If you own a corporation in Costa Rica, you have to pay corporation tax. All information given in this article was changed, several times, by the Costa Rican Tax Office. For up to date information (made on 2/22/2018) go to the November 2017 Update Corporation tax […]
Did you know that tax overdue corporations will be dissolved by the National Registry? If you own a Costa Rican corporation and have not paid your corporation tax up to date, you might be in trouble. That is if your corporation owns property or a vehicle. New laws are not always a good thing. In my […]
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 […]
Estimated Reading Time: 8 Minutes It is not always possible to make Costa Rica real estate blogs interesting to every reader. The hardest part is the title. If the title is terrible, readers won’t click on it. Then, if the title promises an interesting article and it isn’t, readers go away. I always try to […]
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by Ivo Henfling 
