VAT for 13%

Under Law 9635, Law of Strengthening of Public Finances, published in La Gaceta on December 4, 2018, which establishes the validity of the implementation of VAT as of July 1 of 2019, we inform you of the following:

New Value Added Tax (VAT)
VAT taxes all sales of goods and the provision of services.
The system that applies the VAT levies each of the stages of production of goods or services, in such a way that the producer can deduct the tax paid in each of the stages where he adds value to the goods or services that sells or lends.

Private services offered by professionals such as lawyers, doctors, dentists, engineers, surveyors, accountants or economists, among others, must charge VAT. In the same way, they will be able to deduct from the monthly VAT payment, the VAT payments they have paid on the invoices that are deductible expenses of their suppliers.

  • The general tax rate is thirteen percent (13%) for the operations subject to payment.
  • In sales of goods, the tax is determined on the net sale price.

In the rendering of services, the tax is determined on the sale price.
In transactions, whose consideration has been set in a currency or currency other than the colón, the reference exchange rate of the Central Bank of Costa Rica, which is in force at the time the respective generating event occurs, will be applied.
Liquidation and payment: Taxpayers must pay the tax no later than the fifteenth (15th) calendar day of each month, through an affidavit of the sales of goods and rendering of services corresponding to the previous month. When presenting it, the respective tax must be paid.

Registration as a taxpayer
Hacienda will register ex officio in VAT to taxpayers registered for income tax. So from July 1, 2019, if you are registered as a taxpayer to income tax, the DGT will register you as responsible to declare and pay the Value Added Tax (VAT), so it will not be It is necessary to carry out this procedure individually.
We remain at full disposal for any consultation and / or clarification.

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