Forum Replies Created
-
Posts
-
There are two ways that the issue of unpaid Corporation Tax may be handled by the Government according to the law establishing the Tax:
1. After three years of non-payment of the Tax, the National Registry may elect to dissolve the Company; or
2. the Directors of the Company may be held personally liable by the Government for the amount of the unpaid Tax and collection proceedings undertaken.
For a Company having no assets, I would suggest that #1 is the more likely scenario to arise. However, if you want total peace of mind, hire an Attorney for the dissolution proceedings.
The legal costs will be around $450 U.S. You won’t be able to do it without an Attorney/Notary.
Note from Scott: ‘WatchDog’ is the username for my friend and Attorney Richard (Rick) Philps who is a Canadian citizen, naturalized as a citizen of Costa Rica. Rick practiced law in Canada as a member of the Law Society of British Columbia, for fourteen years, prior to moving to Costa Rica in 1998. Mr. Philps then earned his Bachelor of Laws and Licensing Degrees (Civil Law), and a Post-Graduate Degree in Notary and Registry Law, from the Escuela Libre de Derecho University, in San Jose, is a member of the Costa Rica College of Lawyers, and has practiced law in Costa Rica for six years. Mr. Philps practices law in the areas of real estate and development, corporate, commercial, contract, immigration, and banking. To contact Attorney Rick Philps, please email rphilps@plawcr.com or call 506 2288-4381 Ext. 102
The real interest in Costa Rica by the Chinese is increasing their market quotas by “back-dooring” their manufactured goods into the U.S. Market using the TLC (Free Trade Agreement) between the U.S. and Costa Rica, and shark fins. The rest is just “window dressing”. It is not realistic to think that a market of 4 million people would be of any interest to the Chinese.
It is a typical Costa Rican response, especially by Government officials. The crime is not the act of stealing public resources and funds, the crime is the act of getting caught doing it.
[quote=”sprite”]Can the corporation tax can be paid at the municipality that collects the taxes for the property owned by the corporation.[/quote]The answer is no. The Corporation Tax goes directly to the Ministerio de Hacienda (National Tax Department) via a payment in BCR (Banco de Costa Rica)utilizing the cedula juridica number (corporate registration number) of the company. The annual Corporation Tax and the annual Property Tax for property that a company may own, are completely separate taxes, paid to separate Government entities.
Economically, it sounds like a boost for Costa Rica. The part that bothers me is the non-requirement for a travel visa for citizens between member countries, especially Colombia. Although things are improving over time, I believe that the requirement for a travel visa for Colombians is still advisable.
Make a Costa Rica Will with a Costa Rica Notary/Attorney, appointing a local Executor in Costa Rica, leaving your Executor the specific instructions in your Will as to what you wish to be done with your body following your death. You would have to either pre-pay, or make payment provisions for your Executor to have your body shipped to the U.S. by a local CR funeral home, and likewise, arrangements with a U.S. funeral home to receive your body and conduct the funeral that you wish. Note from Scott: ‘WatchDog’ is the username for my friend and Attorney Richard (Rick) Philps who is a Canadian citizen, naturalized as a citizen of Costa Rica. Rick practiced law in Canada as a member of the Law Society of British Columbia, for fourteen years, prior to moving to Costa Rica in 1998. Mr. Philps the earned his Bachelor of Laws and Licensing Degrees (Civil Law), and a Post-Graduate Degree in Notary and Registry Law, from the Escuela Libre de Derecho University, in San Jose, is a member of the Costa Rica College of Lawyers, and has practiced law in Costa Rica for six years. Mr. Philps practices law in the areas of real estate and development, corporate, commercial, contract, immigration, and banking. To contact Attorney Rick Philps, please email rphilps@plawcr.com or call 506 2288-4381 Ext. 102
I’m of the opinion that the reasons for her unpopularity are two fold: 1. She doesn’t display any of the personal leadership qualities that one would expect in a President, such as her openly criticizing decisions of the Constitutional Court, when being a member of the Executive Branch as the President, when such action contravenes the very tenents of a Democracy; and 2. She has surrounded herself with what have to be considered the most inept group of advisors and Ministers that Costa Rica has seen in recent times, if ever before.
The Article is good for the preparation phase of building a home, but the single most important thing is to be physically present in Costa Rica during the construction phase, in order to personally monitor the progress on a day-to-day basis. If not, deviations from the construction plans are virtually inevitable.
If you are taking a Costa Rican registered vehicle to either Panama or Nicaragua, you must first obtain a Permit for the vehicle from a Branch of the National Registry for the date of exit and return to Costa Rica. If the vehicle is registered in a personal name by way of a Passport,Costa Rica Residency, or Identity Card, you will need to show that document along with the plate number of the vehicle to obtain the Permit. If the vehicle is registered in a Costa Rican Corporation, a Personeria (Power of Attorney) will have to be prepared by a Notary Public to show at the National Registry, along with the personal identity document of the party empowered, and the plate number of the vehicle, to obtain the Permit.
I believe that part of the lack of impetous by the U.S. Government in particular to address the issue of illegal drug marketing and use, is based on the number of people employed in,or feed-off the Criminal Justice System that would be out of work, if some regulated use framework were established, for what are now deemed to be illegal drugs. The DEA would largely cease to exist and many prosecutors, defence attorneys, and judges would not be be required. Likewise, there would be a lower prison population with a reduced requirement for prison facilities and prison guards. The list goes on. There are other considerations in the equation of legalizing and regulating illegal drug use, but this consideration is certainly a factor.
[quote=”costaricabill”]To find out if you have any taxes due, apparently in any form, go to Registro Nacional at:
http://196.40.56.20/consultasic/wf_consultajuridicas.aspx
click on CONSULTA and select “Personas Juridicas” you can enter the cedula number of your property and click on the “Consultar Sociedades” button below.[/quote]
I would suggest using this link to check what you owe for the annual Corporation Tax for your Company: http://www.rnpdigital.com/index.htm Click on the button Consulta al Impuesto de Persona Juridica – enter the cedula juridica number of your Company (3-101-…… or 3-102-……) and you’ll findout the amount owing in colones.[quote=”costaricafinca”][i]If[/i][b][/b] you find a school willing to employ you, they …not you … must apply for a [url=http://www.costaricalaw.com/can-i-legally-work-in-costa-rica.html]work permit,[/url] but you are required to have temporary resident status, but getting a work permit is fraught with problems and in the long run, is it financially worth it?[/quote]
This quote is incorrect to the extent that it is not necessary to have Temporary Residency status in order to obtain a Work Permit. The Work Permit would take the place of the Temporary Residency status, permitting you to remain in Costa Rica for the duration of the time that the Work Permit stipulated. The obtaining of any Work Permit is discretionary on the part of the Immigration Department to grant. Note from Scott: ‘Watchdog’ is the username for my friend and attorney Richard (Rick) Philps who is a Canadian citizen, naturalized as a citizen of Costa Rica. Rick practiced law in Canada as a member of the Law Society of British Columbia, for fourteen years, prior to moving to Costa Rica in 1998. Mr. Philps the earned his Bachelor of Laws and Licensing Degrees (Civil Law), and a Post-Graduate Degree in Notary and Registry Law, from the Metropolitana Castro Carazo and Escuela Libre de Derecho Universities, in San Jose, is a member of the Costa Rica College of Lawyers, and practices law in Costa Rica in the areas of real estate and development, corporate, commercial, contract, immigration, and banking with the Law Firm of Petersen & Philps.To speak with Attorney Rick Philps about hiring him as your Costa Rica Attorney, please contact him using the information below:Lic. Rick Philps – Attorney at Law, Petersen & Philps, San Jose, Costa Rica Tel: 506-2288-4381, Ext. 102; Email: : rphilps@plawcr.com Website: http://www.plawcr.comAnother option is to open an account in the name of a CR Corporation that you are the Shareholders and Directors of. Although I wouldn’t use the same Corporation for the bank account that you are using for your property purchase. It is not a good idea to mix other items with real estate, or vehicles in the same corporation from a liability perspective.
Each CR bank will have its own policy with respect to opening accounts. Normally, this scenario would not require you to have Residency first.The point of all this exchange is that people have a right to know and choose what they eat. The topic of eating horse meat was stimulated by the mis-labeling of a horse meat product as beef, in Europe. “Mis-labeling” is the issue, not whether eating horse meat is okay, or not. If you choose to knowingly eat horse meat, that’s okay.
Basically, all labor in Costa Rica is treated the same. There are no temporary, part-time, or full time categories of labor recognized. Work permits issued by the CR Immigration Department for migrant agricultural workers, or foreigners working for companies in a specific technical field would be the only distinct labor category. An independent contractor contract with a worker, would have to meet the test of their not being under your direction and control, to be enforceable as such (eg. no specified hours of work, etc.). Otherwise, the worker would be an employee and subject to all the normal CAJA payments and the provisions of the CR Labor Code.
