issued for paying that new corporate tax
By the El Financiero Costa Rica staff
The Registro Nacional has put on its RNPDigital Web site the
rules for paying the new tax on corporations and similar entities.
The posting specifies that the tax this year is 135,225 colons or about $270
for active corporations and 67,612.50 colons or about $135 for inactive
The only bank authorized to collect the money is Banco de Costa Rica, said the
posting. The Registro said that the bank's Web site would have an online method
for payment, but as of Monday night there was no obvious way to make the
payment by those who are not Banco de Costa Rica customers,
The deadline for payment is the end of the month. The amount this year is just
75 percent of what will be due next year in January because the tax only covers
three-quarters of the year in 2012.
Those who have studied the Registro posting, a posting by Hernando Paris,
minister of Justicia y Paz and a directive say there is some good news. Persons
who wish to remove themselves as having responsibility for a corporation can do
so for just 2,000 colons ($4) in fees at the Registro. Of course there are
lawyer fees to prepare the documents for filing. This is good news from
individuals who might be serving as a corporate officer but not really be an
owner. Normally the fee for making such a filing is 35,000 colons or about $70.
This action can be taken until April 1, 2014, said the Registro.
That big discount is important for those who might be in business or
be a lawyer and have their names on many corporations. Otherwise, they would be
liable personally for payment of the tax even if they did not have ownership.
Exempted from the tax are those companies that have filed with the Ministerio
de Economía, Industria y Comercio as small- and medium-sized firms. The
deadline for doing so and avoiding the tax was April 1.
Companies that do not pay the tax within 30 days will be listed as deadbeats by
the Registro and will not be able to make legal transactions there, the posting
noted. After three years of non-payment, the Registro will cancel the company,
But the tax still will be payable.
Some expats reported that they had tried to make payments at Banco de Costa
Rica Monday and were met with blank stares. There is no paperwork involved. The
Registro said that all that the bank teller will need is the cédula juridica of
the corporation, the identifying number.
The bank is supposed to have available a list that shows if a company is active
or inactive, according to the Registro.
Although the new tax, which mostly goes to the security ministry, seems fully
in force, some expats and Costa Ricans have said they will challenge the
measure at the Sala IV.