As part of the annual updates, the change in minimum wages for employees will occur on January 1st, 2025. It must be reflected in the first payment for January, whether weekly, biweekly, or monthly.

Decree No. 44756-MTSS was published in La Gazeta No. 232 on December 10th, 2024.

The increase establishes a general and mandatory 2.37% increase for minimum wages in the private sector for 2025. That is, ¢2,300 more for every ¢100,000.

The National Salary Council determined the following additional adjustments: 

• An additional 2.33% increase for domestic work.
• An additional 0.55% increase for employees in generic specialized occupations.

See: https://www.mtss.go.cr/temas-laborales/salarios/Documentos-Salarios/lista_salarios_2025.pdf

Annual Declaration Summary Withholdings on Single and Final Taxes Model D-152

¿What is the D-152?

It is an annual information declaration that must be filed by individuals or legal entities, both public and private, in Costa Rica. This declaration reports income subject to income tax that is paid or credited to domiciled and non-domiciled persons.

¿Who must submit the D-152?

The entities required to file this declaration include the State, entities of the National Banking System, autonomous and semi-autonomous institutions, and municipalities.

¿What information must be declared in the D-152?

These persons and entities must provide information on withholdings and deductions with the following details: 

1. Identification of the informed person: Physical or legal identification number, in the case of a foreigner, the Immigration Identity Document for Foreigners – as its acronym in Spanish (DIMEX) assigned by the General Directorate of Immigration and Foreigners, or failing that, the identification number assigned by the Tax Administration, until the immigration document is obtained. 

2. Base amount of retention: Corresponds to the amount paid or credited for income subject to income tax. 

3. Total amount withheld: The amount withheld according to the withholding percentage applied to each taxpayer in the period. 

4. Deductions for: 

• Contributions to supplementary pension funds (up to 10% of the gross monthly income of the employee). 
• Tax credits, as established in Article 34 of the Income Tax Law.

¿What is the period and deadline for providing information for the D-152 declaration?

The D-152 declaration must be submitted no later than February 28 of each year. This deadline applies to the ordinary fiscal period, from January 1st to December 31st of the previous year.

See: https://www.hacienda.go.cr/docs/D152.pdf

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