The annual company tax for 2021 is due by January 31, 2021.  The company tax for inactive companies will be US$115 for 2021. (The amount in Colones is 69,330 so …

The Life Sciences and Tech sector of Costa Rica is expanding.  Microvention-Terumo announced on December 7th that it would be expanding its Costa Rica operations with the construction of a …

Costa Rica erupted in protests in part due to the announcement of the government that they needed to raise taxes to cover the budget shortfall. The financial mismanagement and the …

The Costa Rican Legislature is currently reviewing a proposed law that would grant one-year remote visa for digital nomads.  The las is called “Law to Attract International Workers and Remote …

The Costa Rican legislature is currently reviewing a proposed law to incentivize Baby Boomers and Investors to move to Costa Rica.  Costa Rica was a pioneer back in 1971 when …

The Costa Rican Tax Law was modified in 2019 by way of Law number 9035 called “The Law to Strengthen Public Finances”.  This law imposes new rules and reporting obligations …

The 7th edition (2020) of the Legal Guide to Costa Rica is now available. Don’t get in trouble in Costa Rica, which operates a different legal system with cultural nuances. …

The Mandatory Shareholder/Beneficial Owner Filing for Costa Rican corporations for 2020 has been extended until April 2021. All Costa Rica corporations are obligated to file a sworn disclosure form every …