Costa Rica

Corporate - Significant developments

Last reviewed - 27 February 2024

From 2019 forward, new regulations to the Income Tax Law were approved and are now enforceable. 

Executive Decree 43198-H (Bylaws to the CIT Law) became enforceable as of the end of 2021, and the previous regulations are no longer applicable. Despite the fact that, in general terms, the regulations have the same content and follow the same line as their predecessor, we highly recommend considering an extensive review over any matter of interest over the current regulations.