Yazmín Ureña
Author Archive

Yazmín Ureña

inactive corporations responsabilities
BusinessCorporationsTaxes

In recent months, the Costa Rican Tax Administration (Ministerio de Hacienda) has implemented various mechanisms in order to detect and control the legitimization of capital and to root out illicit enrichment through commercial companies in Costa Rica. It is necessary to establish a difference between each company since the obligations

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Moratorium or Suspension of the Payment of Municipal Patents
BusinessEconomyPropertyTaxes

On May 20th, 2020, Mr. Carlos Alvarado, President of Costa Rica, signed a Law that seeks to alleviate local taxpayers as well as the financial management of the municipalities affected by Covid-19. It is a law that gives taxpayers the ability to request an extension on the term to pay

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Estate PlanningFamilyWills

There has always been talk of the importance of writing a will due to the multiple benefits that come from having one. Benefits include choosing our heirs, distributing our assets equally, and avoiding future disputes between our relatives. However, little is said about the succession process. What is it? What

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should i dissolve my corp
BusinessCorporationsTaxes

A corporation is an agreement or contract made by nationals or foreigners through which they mutually commit themselves to contribute capital (money, goods, etc.) in general to create a business. While it is true, it is not the only reason why people create a corporation, we must determine when it is necessary

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municipal-property-taxes-how-to-calculate-them:
PropertyReal EstateTaxes

We all want to have the property of our dreams: Excellent location, with comfort, quality and at a good price. We strive to take care of it, prune the garden, clean it and keep the roof in good condition, among other things; however, those are not the only tasks that

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Sanitary Vehicle Restriction by COVID-19 and the Fundamental Right to Free Transit
BusinessGovernmentImmigration

On March 16, a State of Emergency was declared in Costa Rica due to the COVID-19 disease, which causes coughing, fever, and serious respiratory problems. Given this unusual situation, the Executive Power of Costa Rica, in compliance with current regulations and being responsible for protecting the lives of the inhabitants

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The-Importance-of-the-Will-for-Foreigners-Who--Have--Children-or-Property-in-the-Country-
FamilyPropertyTestamentWills

Have you ever thought about creating a will in Costa Rica? If you have children or properties in Costa Rica, a will is the best way to guarantee that your assets and children can be fully protected when you have passed. While this is true, many people do not like

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