Posted Feb 2018
The Tax Office (Dirección General de Tributación Directa) of the Costa Rican Revenue Service (Ministerio de Hacienda) requires that all inactive corporations registered in Costa Rica file a form called a D-140 to report their inactive status. An inactive corporation is one that is not currently conducting business or a corporation that previously registered with the revenue service and was voluntarily removed from the list.
The Tax Office issued a schedule in which corporations must file the D-140 form. Corporations must file this form during a specific month, according to the last digit of the corporation’s ID number, known as the cédula jurídica.
This schedule came into effect in October of 2017, however it was suspended shortly after. The Revenue Service (Hacienda/Tributación) since issued a new schedule for corporations to file this form.
The corporations with ID numbers ending in 1 and 2 were previously required to file by October 31, 2017. Those were the only corporations that came due before the suspension that the Hacienda issued in November. If those corporations did not file, then they will be fined.
Only the corporations with ID numbers ending in 1 and 2 that were created in Registro Nacional after October 31, 2017 or that were ‘revived’ based on the ‘Lazarus’ Law, are allowed to file the D-140 form and are not subject to the fine. The Hacienda since released a new schedule. These corporations are to file during February of 2018.
Below is the new schedule. If a corporation files before their corresponding month, their request will not be processed until that month comes.
As always, feel free to reach out to us with any questions. We, at Outlier Legal Services, are here to help!