Getting an Appointment for your Car Technical Inspection (“RTV” Costa Rica)

By On March 28, 2011 · Leave a Comment

Please see the attached pdf file

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New rates for Costa Rica Luxury Homes tax (“Impuesto Solidario para el Fortalecimiento de Programas de Vivienda”). (2011 and 2102 TAX PERIOD)

By On January 28, 2011 · 1 Comment

By means of Decreet number 369288-H[1], Costa Rica Government published the new rates for the 2012 Luxury Home Tax, Officially known as “Impuesto Solidario para el Fortalecimiento de Programas de Vivienda”

These rates will be applied during the 2012 tax period as follows:

Home Value Tax rate to apply a) Up to ¢ [...]

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Education and Culture Stamp Tax (“Costa Rica Corporate Tax) – Yearly rate

By On January 20, 2011 · Leave a Comment

Like in most of the countries, any Corporation making profits in Costa Rica must pay the respective Income Tax, which is called in Costa Rica as “Impuesto sobre la Renta”.

However, in addition to such tax, every Costa Rican Corporation or foreign corporation registered in Costa Rica National Registry must pay a special tax which is [...]

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Costa Rica Christmas Bonus (X’mas Bonus or “Aguinaldo”)

By On January 14, 2011 · 2 Comments

Christmas Bonus is an average extra yearly payment that must be made to every worker in Costa Rica. This payment must be done even If the employee works for less than a year.

These are the parameters to calculate it:

The law defines the Christmas bonus period in one year, starting on December 1st of [...]

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Forming a Costa Rica Corporation – S. A. or S. R. L.? Differences

By On January 14, 2011 · Leave a Comment

There are many kind of legal entities, but for business in Costa Rica, there are two that are used the most. The S. A. or SA. (which stands for “Sociedad Anónima”, something like  “Anonymous society”) and the S. R. L. or SRL (which stands for “Sociedad de Responsabilidad Limitada”, something like  “Limited Liability Society”).

They [...]

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Costa Rica Labor Risk Insurance ( “Seguros de Riesgos del Trabajo, Costa Rica” ) – Yearly Rates

By On January 11, 2011 · 2 Comments

According to Costa Rica Labor Law, in addition to the Social Security Health Insurance, every employer must buy a Labor Risk Insurance (in Spanish “Seguro de Riesgos del Trabajo”) in which all workers must be included.

This Insurance provides coverage to employees for any accident happened to them while at work or in their route [...]

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Costa Rica Property Tax (“Impuesto sobre Bienes Inmuebles”)

By On January 5, 2011 · Leave a Comment

Costa Rica Property Tax (“Impuesto sobre Bienes Inmuebles”)

Law Number 7509, enacted on June 6th, 1995, created this tax. According to it, every landowner must pay a 0.25% yearly tax to the local government (“Municipality”) of the county where the property is located. It may be paid by yearly quarters, but usually it is better [...]

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Why Using a Registered Escrow Agent?

By On January 4, 2011 · Leave a Comment

In Costa Rica, every person or entity providing escrow services must be registered with the SUGEF, which is the authority that oversees the National Financial system. The need for this registration became mandatory  just a few years ago.

Because of it, until recently, it was very usual to have attorneys, Real Estate Brokers, hardware Stores, [...]

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segurosocial

Costa Rica Social Security.

By On January 4, 2011 · Leave a Comment

In Costa Rica, Social Security is a kind of health insurance and retirement plan to cover every worker. This is an obligation for every employer according to the law. Regardless of what some people say, there is no way to legally avoid it. If you have a worker, you have to pay Social [...]

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How to Review Property Status on Costa Rica National Register Website

By On January 4, 2011 · Leave a Comment



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