Costa Rica has approved an annual tax on all corporate entities registered in Costa Rica. The law comes into effect on April 1, 2012. The amount of the tax is 180,330 Colones [US$ 357] for active corporations and 90,175 Colones [$178.50] for inactive corporations. The amount of tax to be paid is actually based upon the base salary of a government employee. Active is 50% of base salary and inactive is 25% of base salary. As such the amounts will change as the base is adjusted. Also keep in mind the exchange rate as well.
We would like to thank attorney Roger Petersen of CostaRicaLaw.com for his permission to reprint this article posted on his website.