Income Tax Hacienda Costa Rica - 2024
Business, SMEs, Independent, Professional and Tax Credits

2024 RATES

Income tax based on Law 7092

Tax Return for the ordinary period between January and December.

EAID = Earnings After Intereses and Depreciation.

Business (Corp,LLC)


1- 30% if Revenue if over  ¢ 120.582.000



2- SMEs when Annual Revenue (Jan - Dec) is below ¢ 120.582.000


A- EAID up to ¢5.687.000,00                                            Rate 5%

B- EAID over ¢5.687.000,00 up to ¢8.532.000,00         Rate 10%

C- EAID over ¢8.532.000,00 up to ¢11.376.000,00       Rate 15%

D- EAID over ¢11.376.000,00                                          Rate 20%


Exemptions of Income Tax for Business apply for SMEs. 


Independents - Professionals


A- EAID up to ¢4.127.000,00                                            Exempt

B- EAID over ¢4.127.000,00 up to ¢6.164.000,00        Rate 10%

C- EAID  over ¢6.164.000,00 up to ¢10.281.000,00     Rate 15%

C- EAID  over ¢10.281.000,00 up to ¢20.605.000,00   Rate 20%

E- EAID  over ¢20.605.000,00                                           Rate 25%


Employees


A- Gross Wage up to ¢929.000,00                                             Exempt

B- Gross Wage over ¢929.000,00 up to ¢1.363.000,00         Rate 10%

B- Gross Wage over ¢1.363.000,00 up to ¢2.392.000,00      Rate 15%

B- Gross Wage over ¢2.392.000,00 up to ¢4.783.000,00      Rate 20%

E- Gross Wage over ¢4.783.000,00                                            Rate 25%

 

Tax Credits - Individuals

                                  

                                    Annual                      Monthly

A- Married                   ¢31.440                  ¢2.620                           

B- Kids                         ¢20.760                 ¢1.730


D-195 Declaracion Personas Juridicas Inactivas en Costa Rica
Corporations will be subject to report their assets and liabilities to avoid sanctions up to $2.500USD