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Strategic Fiscal Diagnosis

We identify hidden tax risks and savings opportunities before the IRS does

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Financial auditing, internal audit and risk consulting services
What we do

Strategic Fiscal Diagnosis: Your Insurance Against Millionaire Contingencies

A comprehensive analysis of your tax situation that identifies hidden risks, corrects problems before audits, and uncovers savings you are likely missing out on. For every colón invested, our clients save an average of ₡7-12 colones in avoided contingencies and identified optimizations. 87% of diagnostics detect at least one significant contingency!

What Does Your Strategic Fiscal Diagnosis Include?

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  • Complete Analysis

    Exhaustive review of declarations for the last 3-4 years and all your current tax obligations (income, VAT, withholdings, municipal). 

     

     

  • Risk Identification

    Accurate detection of tax contingencies with exact quantification of the potential impact in three scenarios. 

  • Savings Opportunities

    Unused tax deductions, incentives available for your sector, and legal structural optimizations.

  • Executive Report with Risk Matrix

    Clear traffic light system: Red (urgent action), Yellow (take care soon), Green (opportunity for improvement). 

     

  • Specific Action Plan

    Detailed recommendations with deadlines, priorities and responsible parties to correct each identified problem.

     

  • Digital Treasury 2025 Preparation

    Complete validation that your company is ready for the new traceability and automatic auditing requirements. 

What we analyze

We start from your company’s transaction universe and its tax compliance to identify the most relevant tax risks, each with the actions that could eliminate or reduce them. The basis is the income tax return for the most recent period, the financial statements and other relevant obligations; your accounting team provides the information and we provide the expert analysis.

Consultation with Our Attorneys

ICS Consultores stands out for offering comprehensive legal advice and customized solutions in Costa Rica. Our team of expert lawyers is ready to help you with all your legal needs, from litigation and contracts to conflict resolution. Trust us to provide you with a high quality legal service tailored to your needs.

Our Proven 6-Week Process

  1. Information Gathering

    1 week

    We request key documentation: tax returns, financial statements, details of related party transactions. We provide you with a complete checklist of required documents.

  2. Preliminary Analysis

    1 week

    Our multidisciplinary team reviews all information and detects the areas of greatest risk through quantitative analysis and automated data cross-checks.

  3. Functional Interview

    1 day

    3-4 hour face-to-face or virtual meeting with your management team to gain an in-depth understanding of the business model and specific operations.

  4. In-Depth Analysis

    2 weeks

    Detailed evaluation of each tax, quantification of risks in three scenarios, transfer pricing analysis if applicable, and review of position before Hacienda Digital.

  5. Report Preparation

    1 week

    Preparation of the executive report with a traffic light type risk matrix, detailed action plan with deadlines, and projection of savings from optimizations.

  6. Presentation and Follow-up

    1 week

    We present the results personally to your management team, resolve doubts, adjust recommendations according to your feedback and deliver the final report.

Multidisciplinary Team with Integrated Approach I.C.S.

We are not just accountants. We are a complete team of specialists working together to give you the most complete view of your tax situation.

Certified auditors with audit experience

Lawyers specialized in tax law

Certified public accountants

Fiscal risk analysts

Economists with a business focus

Our equipment includes:

What You Receive at the End of the Process

Financial auditing, internal audit and risk consulting services

Executive PowerPoint Presentation where we present the tax risks identified using a traffic light classification system.

The complete work has a MAXIMUM duration of 6 weeks as soon as all the requested information is available.

Our Strategic Fiscal Diagnosis

What Does Your Investment Include?

Do You Recognize Any of These Situations in Your Company?

Contact us
  • Signal #1: Counter Overflowed

    Your accountant is constantly changing or is not updated on Hacienda Digital and the new 2025 regulations.

  • Financial Inconsistencies

    There are differences between your financial statements and tax returns that you cannot clearly explain.

  • Treasury requirements

    You have received Tax Mailbox notifications that you were unable to respond to with confidence and complete documentation.

  • Multiple Entities

    You operate with several companies but without a clear tax structure or documented transfer pricing.

  • Signal #5: High Tax Burden

    You feel you pay more tax than you should compared to similar companies in your industry.

  • Signal #6: Growth Plans

    You plan expansion, major investments or structural changes without prior tax analysis.

  • Signal #7: No Previous Diagnosis

    You have never had a professional tax audit or it has been more than 3 years since the last one.

Contact us

Business Trust Consulting in Costa Rica

✓ Guaranteed response within 24 hours

✓ 30 years of experience

✓ Specialists in Costa Rican companies

Free Initial Consultation


Duration: 30 minutes
ModalityFace-to-face or videoconference
How can we help your company?

ICS Consultants

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ICS Consultores S.A.5/5
★★★★★
Douglas Grout★★★★★June 3, 2025
I highly recommend ICS - the best law firm that I've experienced in Costa Rica hands down. Their team is highly professional, trustworthy, and responsive. Francisco is the team leader - he's direct and extraordinarily knowledgeable; he has a knack for developing intelligible solutions to complex tax issues. We are fortunate and grateful to have ICS in our corner for almost 20 years.
Andres Lang★★★★★June 3, 2025
We have always had an amazing experience with Francisco Villalobos and the ICS team. They are extremely resourceful and knowledgable, and they always go the extra mile to find creative solutions to complex issues. Working with them doesn't feel like working with an external law firm, it feels more like working with a true partner.
John Jackson★★★★★January 28, 2025
"ICS in Costa Rica has been an incredible partner for our business, providing outstanding CPA, payroll, and legal support. Without their expertise and guidance, navigating the complexities of operating in Costa Rica would have been a real challenge. A special thanks to Managing Director Francisco Villalobos, Account Manager Helena, and the entire team for their leadership and dedication. Their professionalism and insight have been key to our continued success and growth in the region. We are truly grateful for this amazing group and look forward to continuing this successful partnership. Thank you, Team ICS!" Signed, John Jackson Vice President of Operations Strand Costa SRL
Rodrigo Postolov★★★★★January 27, 2025
Excellent legal service, professional and personalized. They meet deadlines and provide precise and reliable support. Highly recommended.
Alfonso Gonzalez Quintana★★★★★July 8, 2025
At CONCASA, we have found in ICS Abogados a key strategic partner for the growth and strengthening of our operations. Their team supports us with a rigorous and proactive approach to corporate, tax, and audit matters, providing us not only with high-level legal advice but also with a comprehensive perspective that adds value to our decision-making. We highlight their professional ethics, their responsiveness, and their ability to anticipate the challenges of the business environment.
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Frequently Asked Questions about the Fiscal Diagnostic

What is the difference between a fiscal diagnosis and an audit?

Reply

The fiscal diagnosis is preventive and strategic - you request it voluntarily to identify risks before there are problems. The audit is comprehensive and validating - it can be legally mandatory or required by the IRS. The diagnostic takes 6 weeks and costs $3,500; a full audit takes 2-4 months and costs $8,000-$15,000. For most SMEs, the diagnostic is sufficient and much more cost-effective.

Is my company too small to need this service?

Reply

There is no company “too small” to benefit. Even micro-companies with a turnover of ₡50-200 million can have significant contingencies or be overpaying taxes. We offer diagnostics tailored to the size of each company.

Can the IRS use the results against me?

Reply

No. The diagnosis is a private and confidential document protected by professional secrecy. The tax authorities do not have access to it. In fact, if we detect errors, you can voluntarily correct them before the audit, which demonstrates good faith and reduces or eliminates penalties.

What level of participation does my team require?

Reply

We need approximately:

General Management: 6-8 hours total
Financial Management/Accountant: 15-20 hours
Accounting staff: 10-15 hours
Operating personnel: 2-4 hours as needed

What happens if serious contingencies are encountered?

Reply

If we identify significant contingencies, we present you with clear options: voluntary correction (lower penalties), provision of resources, or design a defense strategy. We can also accompany you in the implementation of corrections.

When should I make the next diagnosis?

Reply

For stable companies: every 3 years. For growing companies: every 2 years. For complex groups: annually. Also always before major structural changes (mergers, expansions, sales).