On February 28, 2019, upon publication in the Official Journal, the Gazette, the Law of Amendments and Additions to law No. 822, Tax Agreement Law (Law No. 987), which modifies significant elements of the majority of the taxes contained in the Tax Agreement Law (hereinafter the “LCT”) entered into force. Subsequently, on March 15, 2019,…
Category Archives: News
21
Aug
Aug
GAZETTE SUMMARY <h3″>EXECUTIVE DECREES</h3″> Incentives for Electric Vehicles The Regulations under the Law of Incentives and Promotion for Electric Transportation have been issued. The economic incentives for electric vehicles included in the Law are the following: Exemption from the General Sales Tax, proportional Exemption from the Excise Tax, proportional Exemption from the customs duties, proportional…
21
Aug
Aug
PUBLIC LAW Law of Concession of Maritime Terrestrial Public Domain Spaces This Law establishes the procedures, conditions, the term, and other requirements to obtain a concession of the maritime terrestrial public domain spaces and seaport exploitation by private parties: Scope: The Law will apply to the different projects of private exploitation of the maritime terrestrial…
21
Aug
Aug
GAZETTE SUMMARY EXECUTIVE DECREES Applicable depreciation for photovoltaic panels The list of assets included in the Annex No. 2 of the Regulations to the Income Tax Law named “Depreciation Method and Percentages” was amended with the aim of acknowledging depreciation as a tax-deductible expense for Income Tax purposes as follows: Asset or activity Annual…
23
May
May
New Changes to E-Commerce Regulations This past October, a specific chapter was included in the Law to Promote Competition and Effective Defense of Consumers Regulations, in connection with “Consumer Protection in the context of E-Commerce”. The main areas affected by this reform are the following: Advertising on websites: There is now a list of mandatory information…
Blog, News
The Ministry of Labor and Social Security issues complementary dispositions to the Regulation of Occupational Health and Safety
01
Jan
Jan
On June 15th, 2020, the Ministry of Labor and Social Security published the Governmental Agreement 79-2020, that contains complementary dispositions to the Regulation of Occupational Health and Safety, for the prevention and control of outbreaks of SARS COV-2 in work centers. The Agreement establishes obligations and prohibitions for employers and employees, among which the following stand…
Blog, News
Resolution of the Costa Rica´s Customs Directorate on documentary and / or physical review with photocopies in Costa Rica
01
Jan
Jan
During the term of the State of National Emergency, the Costa Rica´s Customs Directorate authorized the documentary and physical verification of the documents and merchandise with copies, impressions or simple photocopies of the documents required by each regime and modality. Responsibility: The Auxiliaries of the Customs Public Function, importers and exporters, as indicated by law,…
01
Jan
Jan
Weekdays: Restrictions applicable Monday to Friday from 5:00 am to 7:00 pm (with exceptions – see attached communication): Monday – Vehicles with a license plate or AGV permit ending in 1 and 2 do not circulate. Tuesday – Vehicles with a plate or AGV permit ending in 3 and 4 do not circulate. Wednesday – Vehicles…
Blog, News
Directorate General of Immigration modifies and extends temporary administrative measures in Costa Rica
01
Jan
Jan
The Directorate General of Immigration will not receive requests until December 1st, 2020: 1. NEW LEGAL PERMANENCE REQUESTS: No new requests for legal permanence, under any immigration category, will be received until December 1st, 2020, provided that a prior appointment has been requested as of October 19, 2020. VALIDITY OF CRIMINAL RECORD CERTIFICATES, MARRIAGE CERTIFICATES AND BIRTH CERTIFICATES: They…
Blog, News
Publication of the Regulation of the Fund for Employment Protection due to COVID-19 in Guatemala.
01
Jan
Jan
On April 17th, 2020, the Governmental Agreement no. 58-2020 was published on the Official Gazette of Central America, which includes the Regulation for granting the benefit of the fund for employment protection, which establishes the conditions and requirements to access the economic benefit that the State will grant to workers in the private sector, whose…