Cordero & Cordero Abogados
Registry of Transparency and Final Beneficiaries
2023 Declaration The objective of the declaration is to keep an updated registry of ultimate beneficial owners (UBO's) of all entities and legal arrangements. Applies to: All Legal entities and other legal arrangements domiciled in Costa Rica. Remember that any...
new inmigration regulation law 9996 – ON ATTRACTION OF INVESTORS, RESIDENTS AND RETIREES
The rule to implement Law N°9996 for the "Attraction of Investors, Residents, and Retirees," which establishes the procedures and specifications for submitting an application for this new law in Costa Rica, was published in La Gaceta #34 on February 23. Most...
LUXURY HOME TAX & CORPORATE TAX
UPDATE 2023 The Luxury Home Tax payment is due by January 15th, 2023. This tax applies to properties for residential purposes with constructions that exceed the value: 148,000,000.00 colones, (approx. US$250,000.00), in which case, the value of the...
