Property and Corporate Taxes

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  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by vm.
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  • #167724
    vm
    Member

    My lawyer in Costa Rica handles my property and corporate taxes. Besides the filing fee ($200.00), they charge me for a few things that I’m not sure of. For instance. They charge me for a

    Government Stamp: $100.00
    Annuity for Registered Office: $150.00
    Shareholders Meeting: $250.00
    Are these reasonable charges?
    I paid $205,000.00 for my land and they are charging me
    $577.50 per year Property Tax and
    $362.50 per year Corporate Tax

    Do these figures sound right?
    Any help would be greatly appreciated.

    #167725
    Andrew
    Keymaster

    FYI

    These numbers sound a little on the high side to me but I’m trying to get confirmation from my attorney friends who are – like most people at this time of the year – enjoying themselves.

    Will reply as soon as I hear back from one of them …

    Scott

    #167726
    Andrew
    Keymaster

    Here’s the feedback from my friend Attorney Roger Petersen:

    “Lawyers may charge a resident agent fee – that is the $150 indicated. The annual corporation tax for “inactive” is around $200 and if the lawyer is paying for the client then charge of around $50 to $75 are reasonable. However that is due in January so he will probably see and additional charge for that.

    The shareholder meeting $250 and government stamp $100 – I don’t know about that depends what they are having the meeting for – Some Attorneys have the annual shareholder meeting and charge the client for that service.”

    Roger

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