whyworry

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  • in reply to: Corporation Tax Issue #161812
    whyworry
    Member

    [quote=”vm”]I have been delinquent in paying my taxes. My attorney is now charging me interest on being late. He never informed me about any late charges or how much is being instituted until I saw my bill and challenged the charges. He is also charging me $250.00 a year to celebrate the Shareholders Meetings for my corporation. Is this a normal fee? Lastly, he is charging me double the Corporate Fee because he said that I have an Active Corporation and until I Deactivate it, that’s the charge. I don’t know how to Deactivate it. How is this done? I feel I’m being taken advantage of. Please advise.[/quote]

    First off go to a Bank of Costa Rica with the number of your SA or corporation. Every corporation has a number, than you will go to one of the tellers and ask for the amount that is due on your SA or Corporation. They will give you the total amount due. If you haven’t paid it for awhile there will be interest. Read AM Cost Rica tomorrow and the courts may have pulled having to pay this any more. Check with your friends and find another lawyer and see what they have for fees. Make sure you have all the paperwork for your corporation as well as your shares in your own person. If you have had any transactions at all since the tax was put in place your corporation is active. If you have have not had any activity your corporation should be inactive. To change back to inactive it is a long process that is done by an attorney. I hope this has helped you. Good Luck !!!!!!!

    in reply to: Bringing vehicle from US to Costa Rica #168618
    whyworry
    Member

    [quote=”lillianwickram”]Would you let us know what you find out about the costs? I’d be intereted to know also.

    [quote=”sandt330″]whyworry,

    Thank you so much for the response. Exactly the answer I needed! I hope that you have a wonderful Christmas and a happy new year![/quote][/quote]

    To sandt330, Remember one thing getting a price on bringing a vehicle will vary on the Port that it leaves from, and how it ships. Ports that they ship from are Texas, Calif, and Florida. So the prices will vary from each one. So the best thing is to get a quote yourself from LMI directly. I have found bringing in a car it doesn’t matter on the condition of the car or the shape it is in, you pay the same duty. It is best to find a car, check the vin number then get a quote on the taxes. Remember the older the car the higher the duty you will pay. So you have to look at all your options. Here in CR their are many vehicles for sale and when you look at the price you pay here it is almost the same as bringing one in from out of the states. The only way is if you get a real bargain price in the states or you know the actual history of the vehicle you are bringing in, condition. If you go on line and Google CR cars you can get some cost on what you would pay here for vehicles. Two years ago I brought in a 2005 Jeep Liberty 4×4 low mileage. and the duty on the vehicle was nearly $7,000 dollars plus around another $1,000 for shipping. Also when you bring in a vehicle make sure it has new tires on it. Tires are very expensive here as well as parts. Just a little food for thought

    in reply to: Bringing vehicle from US to Costa Rica #168615
    whyworry
    Member

    [quote=”sandt330″]Hello,

    My family and I are moving to Costa Rica in the spring. We are wondering about the process of shipping and receiving a vehicle from the US. Does anyone have any previous experience with this type of thing, especially in regards to importation fees? Any input would be greatly appreciated.
    [/quote]. I have brought in many vehicles into CR. two SUV, two ATV and one motor cycle. I used a service called logistics Management service. Contact Mike Rappaport at http://www.lomaser.com. Get your VIN number of the vehicle and he will let you know what the duty on the vehicle will be before you ship it as well as the transport cost. He will get all the paper work done for you as well as the inspections and everything to make the vehicle legal here in CR. Also make sure the vehicle you are shipping is sold here in CR so you know that you can get it repaired and get parts for it. When you ship the car don’t leave anything of value in it. He can tell you all your cost ahead of time.

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