Deadline to file the D-140 form has been extended

The Costa Rica Tax Department ( Tributación Directa) has extended the filing deadline for the D 140 form. What is the D 140 ? The D 140 is the tax registration or modification form used by the tax department to collect information about the taxpayer.  The D 140 needs to be filed to re
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A Second Chance to Reinstate your Dissolved Corporation

A Second Chance to Reinstate your Dissolved Corporation Over the past couple of weeks we have received numerous inquiries from persons that had their Costa Rican Corporation administratively dissolved by the National Registry because they accumulated more than 3 years of corporation t
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Costa Rica Corporation D-140 Registration Requirement

The D-140 Filing Requirement The new corporation tax law imposes a D-140 registration requirement on corporations.  The corporation tax is currently in effect in Costa Rica and is managed by the Costa Rican Department of Revenue (Tributación Directa).   The tax department is administr
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Liquidation of Costa Rica corporation

How to recover your property from a dissolved corporation

How do you recover your property from a corporation that has been dissolved ? The National Registry of Costa Rica has administratively dissolved thousands of corporations that owed more than 3 years of the annual corporation tax.   Many of these now dissolved corporations owned proper
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Is Uber legal in Costa Rica ?

Is UBER in Costa Rica Legal ? It has been two years since UBER started operating in Costa Rica creating market disruption in the public transportation sector.   So, Is Uber in Costa Rica Legal ? The main opposition to Uber in Costa Rica is the Union of Costa Rican Taxi Drivers (UTC) w
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Calculate health care insurance premium

Costa Rica Caja Health Insurance Payment Scale

What is the health insurance payment scale used by the Costa Rican Caja system to establish the monthly public health care premium ? The Costa Rica public health care system is administered by the Caja Costarricense de Seguro Social (CCSS)  known locally as the “CAJA”.   T
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Costa Rica Land Valuation Maps

Costa Rica Land Valuation Maps What is my land worth in Costa Rica ? It should be a simple answer. However, in Costa Rica there is very little public information available about the accurate market price of real estate.   The information found on the transfers deeds has been in the pa
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Labor Code modifications are in effect in Costa Rica

Costa Rica modified its Labor Code and those provisions are now in effect.  The law modified over 200 articles of the Costa Rican Labor Code which has been in effect since 1943.   Among some of the changes to the Labor Code are as follows: Any type of discrimination is prohibited. Equ
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Sworn affidavit required for real estate purchases in Costa Rica

If you purchase real estate in Costa Rica you will be required to sign a sworn affidavit before a Notary Public in Costa Rica.   In the sworn affidavit the purchaser  shall indicate the following information about the transaction: (a) The amount of funds involved in the transaction. (
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Regulations to the Annual Corporation Tax

The regulations for the Costa Rican annual corporation tax have been published by the Ministry of the Treasury in the official Gazette (Alcance No. 114 Gaceta May 26, 2017). This means that the law will come into effect on August 26, 2017 which is 3 months after the publication of the
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Costa Rica Gatekeeper Money Laundering Legislation

The Costa Rican legislature is voting on a new law that modifies Law # 7786 which is referred to as the “Drug, Money Laundering and Financing of Terrorism Law” (Ley sobre estupefacientes, sustancias psicotrópicas, drogas de uso no autorizado, actividades conexas legitimación de capita
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Video about the new Corporation Tax Law

In this video I explain the details of the new corporation tax law. The Costa Rican legislature approved a new corporation tax law on March 21, 2017 which will become applicable by August of 2017.     I also review some of the transitory provisions of the law that you need to take adv
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