Mandatory Filing for Inactive Corporations

Per Resolution Nº DGT-R-075-2019, published in La Gaceta on December 20^th, 2019, the Ministerio de Hacienda has finally provided a resolution on how Inactive corporations are required to proceed regarding tax returns. See the information below for details.

This Applies To:

Inactive legal persons (corporations which do not perform profitably).

Procedures for Filing: 

• Get registered with the Ministerio de Hacienda by obtaining a RUT (Tax ID) with form D-140.
• Complete form D-135 called “Declaración Patrimonial para Personas Jurídicas Inactivas.”

Note:

• Electronic invoices cannot be issued by these corporations.
• Corporations will still need to make tax declarations annually though not monthly.

Information Required by the Hacienda:

1. The complete name and ID number of legal representative(s).
2. The tax residence in Costa Rica.
3. A change in the economic activity code to: “960113: Personas jurídicas constituidas en el país que no desarrollan actividad económica de fuente costarricense.”
4. Information about assets, liabilities, and social capital.

Where & When:

Changes to be made through www.hacienda.go.cr.

The first declaration will be ruled according to the following schedule:

Subsequent declarations will be required from January 1^st to March 15^th each year.

Even if there are no changes to the status of the corporation, a confirmation of data through the D-135 will be required.