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How to pay the new Costa Rica corporation tax when out of the country

How to pay the new Costa Rica corporation tax when out of the countryDo not lose any sleepless nights over the new Costa Rica corporation tax or “Impuesto a las Personas Jurídicas”. GoDutch Realty has the solution for you.

Do you own a corporation or Sociedad Anonima or S.A. in Costa Rica? Then you are supposed to pay Costa Rica corporation tax. This new tax in Costa Rica is something that many property owners do not know how to handle.

Especially those who do not live in Costa Rica don’t know how to pay this tax. GoDutch Realty is, of course, the first Costa Rica real estate company offering a solution to this. For the exact details on the what, the how and how much, you can read our last blog about it and for even more details go to our blog on the American European Real estate Group’s website.

The fact is that many people own a corporation in Costa Rica which in turn owns a property or several properties or a car. Others had their attorney constitute a new corporation to start a business in Costa Rica or planned to buy a Costa Rica property but never got to it for some reason and left the company without use. Now is the time to act and pay the Costa Rica corporation tax.

Hazy information

Information about the new Costa Rica corporation tax is still a bit hazy and scarce. That is because the government has not openly confirmed when a corporation is active or when it is inactive. They will tell each owner when contacting the Banco de Costa Rica. The tax for an active corporation is higher than the tax for an inactive corporation. I was talking to a well-known real estate attorney about it and he told me it seemed that a corporation that has corporate books is seen by the Costa Rican tax department (Ministerio de Hacienda) as an active corporation. But this is not confirmed by any government official.

Active or inactive corporations

Last night though, when we went to dinner to Il Pescatore restaurant in Escazu with good friends (read my blog about it next week), my friend told me he just canceled his Costa Rica corporation tax at the Banco de Costa Rica and he was charged as an inactive corporation. His corporation owns Costa Rica property and he does have the corporate books.

Banco de Costa Rica accepts payments

Go to any of the Banco de Costa Rica agencies, anywhere in the country. Give them your corporate ID number – cedula jurídica – they will tell you if your corporation is active or inactive. Also, they will show you how much corporation tax you need to pay.

Online payments of the corporation tax

You can also go online, the Banco de Costa Rica have their website in English and see how much Costa Rica corporation tax you need to pay, but you have to have an account with Banco de Costa Rica to be able to request that information.

To open a bank account, you need a residency card but to own Costa Rica real estate you do not need to be a resident. And that’s where GoDutch Realty comes in to help you.

Customer service

GoDutch Realty, your knowledgeable real estate company is as always the number one real estate company in Costa Rica on customer services can help you. No matter if you are a client with us or not, we can pay your yearly corporation tax for you.

Contact us now if you are interested in this service, with your corporate ID# and name, so we can check for you how much Costa Rica corporation tax you need to pay. Then, you wire us the total cost of the diligence and we will email your receipt in return.

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Ivo Henfling

If you are looking to buy a home in Costa Rica or invest in a condo anywhere in the central Valley, or looking for any property for sale in Escazu, you need to call me. I have been selling real estate in Escazu for over 20 years and can show you hundreds of happy buyers of real estate in Escazu and other areas. To me, a deal is not a good deal unless both buyer and seller are happy.

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