OrbitaxOrbitax

Costa Rica to Amend/Retain Annual Registration Tax

|Proposed Changes|Costa Rica
Costa Rica

On 2 December 2015, legislation was submitted to the Costa Rican Congress to amend the country's annual registration tax rules. Under current rules, companies registered in the Costa Rican Mercantile Registry, including branches, are subject to an annual registration tax equal to 50% of the base salary for active companies and 25% for inactive companies. However, the tax was ruled unconstitutio…

Continue Reading