Originally, assets belonging to inactive companies were to be declared by March 2021 using form D-135, also known as "Asset Declaration for Inactive Legal Persons," but the required form changed and now it is form D-101 that should be used to present the declaration of
Capital Gain is a benefit that results from a disposal of a capital asset—such as stocks, bonds or real estate—when the amount obtained in the sale exceeds the previous purchase price of the real estate, share or bond. Example: on December 1, shares are acquired
2020 has been a year of many changes in relation to tax matters. Among them, the transition of the fiscal year. As of 2021 the fiscal period will run 12 months from January to December. Previously, the fiscal period in Costa Rica ran from October
POLACO (po-la’-ko) So, in Spanish, we would use the words brasileño/brasileña to refer to a Brazilian national, for instance, -a male and a female in this case-. And the same word endings are used with most nationalities. So, it is no surprise that a national of,
The Digital Signature was created back in 2005, when the Costa Rican Congress approved a law named “Electronic Documents, Digital Signatures, and Certificates Act” or Ley de Certificados, Firmas Digitales y Documentos Electrónicos. The digital signature is a combination of hardware and software which allows
The following measures will apply to the entire country: Thursday, December 31st Vehicles may not circulate after 7:00 p.m., except for exceptions. During the day, only authorized plates (all except 7 and 8) may circulate. Businesses with a public health permit will be closed as of
Attention: The situation mentioned in this article has been updated, go to the article Update on the Extension of Entry Stamps for further information. There seems to be a loophole to be able to stay in the country past the number of days granted at the
Being classified as a minority partner within a mercantile society, also called a minority shareholder, means that one has less than 50% of the shares. Due to their number of shares minority shareholders cannot exert pressure on company decisions made by the majority shareholder. The implications
NANDAYURE (nan-ða ʝu'-re) Being born and raised Costa Rican, my first Geography memories date back to elementary school, where our first Social Studies lessons would inevitably be linked to the country's administrative division into provinces, cantons, and districts. And then, I first learned about Guanacaste, its people, traditions,
The National Commission for Vaccination and Epidemiology has established the risk criteria for the upcoming COVID-19 vaccine. Risk factors and chances of infecting others have been taken into consideration to establish the list of who be amongst the first to receive the vaccine. Consequently, the elderly