The tax on legal corporate, as indicated by the Ministry of Finance of Costa Rica, is a tax, which must be paid by all commercial companies, any branch of a foreign company or its representative, and any individual company with limited liability, that are registered or that they register in the Registry of Legal Persons of the National Registry.

Remember that the Corporate Tax must be paid year after year. The term to cancel, without interest, is within 30 calendar days following January 1 of each year.  

What are the rates that comprise the tax on legal corporate?

The rates are established according to the following table:

**Base salary 2019: ¢446.200. 

What happens to those who do not comply with the tax on legal corporate?

Those who do not cancel this obligation are exposed to the payment of interest and fines by Taxation, which corresponds to 1% per month with a maximum of 20%. In addition, in case of default, the National Registry will not issue certificates or inscribe documents in favor of a delinquent company, and delinquent companies may not contract with the public sector through tenders.

In case the companies do not pay the Corporate tax and stop paying for 3 consecutive periods, the registry may dissolve the company ex officio and seize the assets that are in the name of the company, and in case the company does not have assets , the legal representatives.  

For more information on how to pay this legal person tax or advice, ERP Lawyers & Associates makes its Labor Law and Corporate Law team available. Contact us and we will gladly assist you  https://erplawyers.net/en/contact-us/