Preventing and Solving Problems for Expats in Costa Rica
There have been several positive legal and tax changes in the past month that are important to expats and Ticos alike. Three warrant special mention: The new rules for online board meetings, the changes to the fines for not filing the RTBF for 2019, and the introduction of TRAVI by Hacienda (the tax department). The acronym stands for tramites virtuales or virtual procedures. [Continue reading]
Exclusive to A.M. Costa Rica September is almost upon everyone. It is the month the 2020 RTBF is due, again. The same bank-breaking fines are still a reality, so it would be a good idea to take heed and get ready to file the report. For those … [Continue reading]
Exclusive to A.M. Costa Rica Expats and Costa Ricans alike are dumping their companies that hold property and other assets because they feel they will save money in the long run by putting the asset in an individual's name. Granted keeping a … [Continue reading]
Exclusive to A.M. Costa Rica Most people with a company and many attorneys who are notaries are unaware most board meetings in Costa Rica can be held online without the need of a physical assembly. This is important news for those needing to make … [Continue reading]
Exclusive to A.M. Costa Rica Almost everyone is going stir-crazy at home these days due to the virus. This means more people are on the internet and many find it slow as snails. If the internet is not up to par, there are some simple things … [Continue reading]
Exclusive to A.M. Costa Rica There are an estimated 80,000 corporate entities that did not file their owners’ report to the Central Bank. The full document of those entities that missed the deadline for the 2019 owners report is located on the … [Continue reading]
Exclusive to A.M. Costa Rica There have been more new tax rules in the last four years than there have been in the past 10. Many expats are lost in the maze, and their heads are about to burst with all the information. Here is a concise list of … [Continue reading]