Month: January 2020

Tax Declaration of Inactive Companies in Costa Rica

On January 7th, 2020, the decree DGT-R-075-2019 issued by the General Directorate of Taxation was published in the Gaceta in reference to the duty of registration and declaration of inactive companies before the Ministry of Finance. This resolution establishes …

Marina Flamingo Guanacaste, Costa Rica

MARINA FLAMINGO DEVELOPMENT, SRL has begun construction on a new world class full-service Marina and Marina Village resort development in Playa Flamingo, Guanacaste, Costa Rica. The ‘Marina Flamingo’ development includes 175 wet slips along with a dry boat …

Pacifico – Playas del Coco Guanacaste Costa Rica – It’s not Natural it’s Super Natural

PACIFICO LIFESTYLE CONDOS SURROUNDING THE LIFESTYLE POOL – PURA VIDA!  This 175-acre, master-planned community was developed by The Jack Parker Corporation, a renowned U.S developer of luxury hotels & upscale communities for over 70 years.  Our vision for Pacifico …

Costa Rica Legal Obligations 2020 Update PSC Attorneys

This is the latest from PSC Attorneys regarding tax law changes.  You can contact them for more information at emails in this document.  We cannot emphasize enough that you as a property owner here in Costa Rica must …

Tipping Guidelines for Costa Rica

Here is a nice article from Costa Rica Guide Website regarding Tipping in Costa Rica . Click on the link to visit their website.  Tipping was not the cultural norm in Costa Rica until it was introduced from the …

10 Reasons To Make Playas del Coco Your Costa Rica Destination

Playas del Coco is one of the most popular destinations for travelers in the Guanacaste province of Costa Rica. If you’re planning a trip to Costa Rica, here’s why Playas del Coco should be on your itinerary. It’s …

Update on Costa Rica Inactive Corporation Tax Filing

The following is Google Translated from the Hacienda (Tax Department Website) please note inactive corporations (holding companies) will need to file tax returns and within the tax return declare the value of the property held by the corporation.  …

15 Reasons You Should Visit Costa Rica (And No It’s Not Only The Jungles) PART 2

PART 2 CONTINUED FROM THE PREVIOUS BLOG  7 COSTA RICAN COFFEE – ONE OF THE BEST IN THE WORLD Coffee production has played a major role in Costa Rica history and continues to do so to this very …

15 Reasons You Should Visit Costa Rica (And No It’s Not Only The Jungles) PART 1

Considering the cold is setting in quite quickly, nothing sounds better than a tropical vacation to none other than Costa Rica! Many people oftentimes mistake the country for nothing but jungle, however, there is so much more for …

Costa Rica – Formal obligations for inactive Costa Rican companies

Resolution on the obligations of tax registration and filings for inactive companies Under the recent Costa Rica Tax Reform, the concept of taxpayer for income tax purposes was extended after July 1, 2019, considering as taxpayers all legally …