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 called “Timbre de Educación y Cultura” (Education and Culture Stamp Tax). This tax must be paid every year, during February or March. Each Corporation must pay it, either if it is making profits or not.
This tax was created by Law No. 5923. It is calculated based on the statuary capital of the Corporation and according to the following rate:
| All numbers in Costa Rica Currency ( “Colones” ) | |
| Corporate Capital | Tax to pay per year |
| From 0 to 250,000.00 | 750.00 Colones |
| More than 250,000 but less than 1,000,000.00 | 3,000.00 Colones |
| More than 1,000,000 but less than 2,000,000.00 | 6,000.00 Colones |
| More than 2,000,000.00 | 9,000.00 Colones |
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( www.escrowtrustsolutions.com ) (Re-printed with its permission)
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