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As of January 1st, the tax on corporations corresponding to the 2021 period began to be collected. Commercial companies obliged to pay this tax will have until the 31st of this month to comply with the payment, without interest or penalties.
According to Law No. 9428, Law of Tax on Legal Persons, the rate that companies must pay annually will be taken from the monthly base salary established in article 2 of Law No. 7337. The Superior Council of the Judiciary set this base salary, for the 2021 period, at the peak of c.462,200.00 (four hundred sixty-two thousand two hundred colones).
Now, the annual amount that the corporations must pay, depending on the gross income declared in the fiscal period 2019-2020, or depending on whether or not they are taxpayers, will be the following:
a. Companies not registered in the Single Tax Registry (RUT) as taxpayers of income tax or companies filing but not taxpayers in income tax, will pay 15% of the base salary; that is, the sum of c.69,330.00 (sixty-nine thousand three hundred thirty colones).
b. Companies registered in the Simplified Taxation Regime, companies registered as taxpayers of income tax that declare income at zero or no activity, registered companies that have declared gross income less than 120 base salaries, that is, less than c.55,464,000 colones, they will pay 25% of the base salary, the sum of c.115,550.00 (one hundred fifteen thousand five hundred fifty colones).
c. Companies with gross income greater than 120 base salaries but less than 280 base salaries; that is, less than c.129,416,000 pay 30% of the base salary; that is, the sum of c.138,660.00 (one hundred thirty-eight thousand six hundred sixty colones).
d. Companies with gross income greater than 280 base salaries, pay 50% of the base salary; which corresponds to an amount of c.231,100.00 (two hundred thirty-one thousand one hundred colones).
e. Companies that register within the 2021 period: They will have to pay proportionally to the days remaining between the date of their effective registration and the last day of the 2021 period (December 31), on the amount of c.69,330.
Do not hesitate to contact us if you need assistance in the Payment of Tax to Corporations for the 2021 Period and in the area of corporate law. We will gladly help you!
