Do I need to be a Costa Rican citizen to start a business?

Do I need to be a Costa Rican citizen to start a business?

Do I need to be a Costa Rican citizen to start a business? Despite its small size, Costa Rica is known as one of the most developed countries in Latin America. Stability and economic prosperity make this jurisdiction one of the most popular places among foreign investors. An active supporter of foreign direct investment, Costa…

What documents are needed to open a business in Costa Rica?

What documents are needed to open a business in Costa Rica?

What documents are needed to open a business in Costa Rica? The right legal entity should be the first step when starting a business in Costa Rica. This will depend on the type of business you intend to run. The next steps to register a company include: Approval of the name of the company. Preparation…

Taxation in Costa Rica

Taxation in Costa Rica

Taxation in Costa Rica 1. Value-added tax A taxpayer is any natural or legal person who regularly sells goods or provides services, including the import of tangible and intangible assets. The general VAT rate is 13%, which applies to the net selling price. 2. Consumption tax Applies to any product that is considered a luxury…

What industries are developed in Costa Rica?

What industries are developed in Costa Rica?

What industries are developed in Costa Rica? At the present time, the basis of the economy of Costa Rica is the production and export of electronics (microprocessors and medical devices), tourism, in particular ecotourism. The country is distinguished by natural beauty, moderate year-round temperatures, relatively low crime rates and low cost of living.┬áTourism is very…

Is it profitable to open a business in Costa Rica?

Is it profitable to open a business in Costa Rica?

Is it profitable to open a business in Costa Rica? Many investors choose Costa Rica to open a company. This is because there are a number of advantages of registering a company in Costa Rica, namely: high degree of confidentiality and anonymity; fast company registration; the company pays taxes on income generated in Costa Rica;…

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