Month: July 2019

To all our clients owning property and/or corporations in Costa Rica!

To all our clients owning property and/or corporations in Costa Rica! We hope you are all doing well and enjoying your properties in paradise.  We are writing this email to ensure you are up to date with all …

Customs form no longer a requirement for international arrivals in Costa Rica

Thanks to the Tico Times for this article! When you’re flying to Costa Rica, you can now leave your pen in your bag. As of mid-2019, Costa Rica’s Customs Administration no longer requires the majority of international travelers …

Reporting Stockholders for Every Corporation in Costa Rica

By Allan Garro – July 5, 2010 In December 2016, a law called the “Law to Improve the Fight against Tax Fraud” was published, which in turn created a Registry of Transparency and Final Beneficiaries, under the responsibility of the …

MORATORIUM FOR COSTA RICA VAT PENALTIES APPROVED

The CR Congress approved a moratorium for the penalties to be imposed for non compliance with the new VAT imposed with the recent tax package. Please note that the moratorium is applicable only to the penalties to be …

Current Considerations for Incorporating a Company When Buying Property in 2019

I started practicing law in Costa Rica in 2003. At the time, incorporating, or not incorporating a company in Costa Rica to hold real property and other assets, was a straight forward decision. Property buyers were Incorporating a …