In September 2011 the Constitutional Court gave its approval to a new law that enforces new taxes on corporations registered in the country, active as well as inactive. This tax will start on April 1st, 2012. You will have three months to unregister the corporation if you do not wish to pay this tax, and the final date to do this is April 1st.
According to this new law, the corporations that active by that date will have to pay a annual payment of ¢135,000. The corporations that show as inactive will still have to pay an annual payment of ¢68,000. After 2013, this taxes will be increased to ¢158,000 for active corporations and ¢90,000 for inactive corporations, and payment will have to be made by January 2013. The recollection of this tax will be done by the National Registry of Properties.
The money from this new tax will be used for reinforcing citizen´s security and fight crime.
Soon we will give more details and recommendations given by people with knowledge on this subject with respect to the payment of this new tax, as well as the procedures to dissolve a corporation, in case you do not need to keep the corporation and do not with to be forced to pay this tax. We invite you to visit again our website. The subjects that will be covering are:
- how to dissolve a corporation
- how to deactivate a corporation
- how to merge corporations
- how to resign to a legal representation in a corporation
