The Costa Rican Business Code allows a number business structures to be created for the purposes of doing business. It mainly makes sense to incorporate if you are planning on running a business. While a business structure may provide some benefits for the average person, primarily while doing estate planning, the main goal of a
Stew Cameron asked us to elaborate a little more into the details of dissolving a company in Costa Rica. So here it goes. The law allows us to create business structures (colloquially called corporations, and for the purpose of this article we will refer to them as companies) and it also tells us how and
As part of our desire to provide the best and most reliable service to our clients we put together the following information of upcoming requirements for Costa Rican corporations. We wanted to share with our readers, in hopes it could be of use. As always, if you have any questions or feel we could be
As many of you know, Congress passed approved the bill to bring the corporate tax back to live through Law No. 9,428. The tax will be enforceable starting on September 1st, and for this current year, the payment will be prorated for the remaining months of the year. Who should pay this tax? The tax
We have to engage with Real Estate agents in our regular course of business, and every time we meet a new real estate agent we discuss the nuances of real estate transactions and laws in Costa Rica. Sometimes they are receptive about our opinion, most of the time they are not. A couple of days
The taxes on corporations (not to be confused with income tax) are back. Law 9428 approved on March 3rd 2017 by the CR Congress, “revived” the taxes on both active an inactive corporations. There is an exception to the law applicable to small businesses (PYMES) which are registered with such designation with the Department of Commerce
