Jan 23, 2025
Legal entities in Costa Rica have until January 31st to comply with the corresponding tax payment, as established by tax legislation. This tax, which varies between 15% and 50% of a base salary (¢69,330 - ¢231,100), is calculated based on gross income earned during the previous year.
Tax authorities warn that failure to comply with this obligation can lead to significant consequences, such as fines, restrictions on the completion of legal procedures, and, in more serious cases, even the dissolution of the company. Therefore, those responsible for legal entities are urged to comply with this obligation in a timely manner to avoid future complications.
"It's essential that legal entities stay up-to-date with their tax obligations. Complying with tax payments not only avoids penalties, but also guarantees the continuity and proper functioning of the company," said a representative of EAS Latam, a firm specializing in tax and legal consulting.
For those who need guidance or advice during this process, EAS Latam offers specialized services. They can be contacted by email at info@easlatam.com or by phone at +(506) 2234-5539.
Don't leave this important tax obligation to the last minute. Do it on time and avoid problems.