Tax Return and Accounting Preparation Service

Summerland Services provide to his clients a great chioce to prepare everithing related to his taxes in Costa Rica.

File and pay taxes in Costa Rica is really important that's why we can do it for you.

We know you have many questions about Costa Rica Taxes but we are here to give you a hand

Costa Rica Tax FAQ's - Investor Services

How is the fiscal year in Costa Rica?

From October 1st to September 30th.

When is the time line to present my Tax Return?

Sales Tax 15th of every month. Tax Return December 15. D151(1099) November 15th.

If I'm renting my property, do I need to present my tax return in Costa Rica?

Yes it is, once you have an economic activity in Costa Rica you have to present you tax return. Make your Bookeeping, Update your Legal Books and present the forms.

What tax taxes do I have to pay?

If you are renting your unit for short term you have to pay Sales Tax 13% and Profit tax at the end of the year. If you are renting only fot Long Term just Profit Tax at the end of the year. Education and Culture Tax.

Can I apply my depreciation as an expense of my Property Corporation?

Yes you can.

If I'm collecting the rent for my guest outside Costa Rica, do I need to pay taxes and report that?

Yes it is, according Costa Rican Law once you use the Costa Rica infrastructure you have to pay tax for your incomes generated in other countries but the operation are in Costa Rica. It is really hard for the Tax Office make and investigation for this but this is what the Law say.

If I had no rentals in the year, do I need to file and present all the paperwork?

Yes, only if you unsubscribe your corporation you don't need to make anything.

For how long do I need to keep my Bookeeping?

For 5 years

If you have questions please contact a Tax Advisor to explain you more details.

Unique Professionals

We are Costa Rica's largest and most comprehensive property management organization; equipped with state-of-the-art technology and business tools. Developers: Our team is ready to plan and implement the management services and systems your project will need before, during, and after delivery or closing. Investors: Our team is ready to evaluate the management plans of development projects and existing complexes which you may be considering.

Scope of Services

Summerland can provide supervision, housekeeping, maintenance, security, accounting, communications, internet resources, tax preparation, rental marketing and management, interior design, association management, and environmental sensitivity. Summerland has practical experience with the myriad of the property management challenges which could be faced by developers and investors. Summerland is committed to guiding you to the most effective plans, decisions, and solutions in all property management contexts.

For Investors

Summerland acts as an experienced partner with all processes involved in occupying and managing a 1) lot or parcel of land, 2) condominium, 3) home, 4) store, or 5) office in Costa Rica. As a friendly and experienced guide, Summerland clears the path to the fulfillment of your investment goals.

Rental Property

Owners Summerland understands the multitude of media outlets and network marketing relationships for promoting tenant bookings. It also controls the #1 rental website for the Gold Coast. In addition, Summerland has experience with the intricacies of rental contracts and practices in Costa Rica, as well as the need for accurate accounting and corporate income tax preparation.

Developers

Summerland is the consulting partner you need early in your design process to provide the long-term management perspectives that will keep your project a success long after occupancy. Summerland is a management partner that you can include confidently, knowing we are sensitive to development concerns, while preparing investors for delivery and ownership. Once the purchase decision has been made, we understand our role in helping you enhance investor satisfaction.

Pre-Occupancy

Services Consulting Association Management Master Planning Development Advisory Appraisal Interior Design and Installation Punchlist Coordination Occupancy Management

Philosophy

Summerland was built on the career experience of our founders and has grown with the challenge, adding Costa Rican partners, employees and consultants. The Summerland Philosophy is based on client service, employee respect and training, and treating property as though it was our own. We also have made a commitment to limiting our focus to larger-scaled complexes where we can establish a significant presence and offer our most complete service program.

Business Support

While our business is independently owned and operated, we have established a number of business alliances that help us provide assistance, services and products quickly and effectively