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Fiscal situation for a company in Costa Rica.

The accounting fiscal period is : Oct 01 to set 30, and we have until dec 15 to present the tax form . (there exeptions but only in few cases) Our low requires 6 legal books, your attonery here in Costa Rica must be asked you about that, and we need to know where are them, 3 of them are accounting books (diario, mayor, balances) plus accionistas, junta directiva and Asamblea General. Now, if the company doesnt have activity there is not obligation to register in the Ministerio de Hacienda (IRS), this is the Tax Government institution, thats cause theres a notificacion in order to say : If the company only have asset under passive situation, theres no obligation to register in the Ministerio de Hacienda, however when the activity begins, the hold of the obligation runs. According with the law, every single company have to keep accounting with no more 3 months delayed, no matter if are register or not. In your case, the normal situation requires : Open the handbokk of accounting, register the original transaction of the company. Register any other expese around the company. Keep the latest balance sheet and the financial statements. Prepare and present the 101 form, Tax document. According with our conversation, no activity means just open the accounting, the book accounting with name and number of each line of asset or liability. So, to get into a normal situation we need: Incorporation agreement Formation expense, attorney expense, Documents of the purchase of the properties, and other documents . copy.

We offer our services in line to: Make the procedure to register in IRS Costa Rica Miinisterio de Hacienda, your company. Make the handbook of accounting Suggest the fiscal strategy And finally introduce to your Accounting professional everything in order to keep the accounting.

Obviously we meet to meet to know your activity and or any other details. We estimate our fees in 10 horus $880, including the task present in this document. Please if you have some question, let us know.

Rodrigo Contreras M. Socio


Tel. : (506) 8 823 9787 Fax : (506) 2 297 6705

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