Respecting accounting regulations is one of the most important aspects when starting a business in Costa Rica. There are several taxes you must pay no matter if you are a natural person or if you run a company, and one of the most important is the income levy. Below, we…
Foreign companies seeking to enter the Costa Rican market do not have to go directly for the branch or subsidiary, as they can first test the market. The simplest way to do that is by setting up liaison or representative offices. The Costa Rican liaison office is a non-corporate form…
Foreign companies seeking to establish their presence in Costa Rica can choose between branches and subsidiaries. There are several similarities between them, however, there are more differences that can determine the course of action for most overseas enterprises. Quick Facts Applicable legislation (home country/foreign country) The branch must adhere…
Starting a business in Costa Rica can imply the creation of a new entity or the acquisition of an existing one. The second option can be completed through the purchase of Costa Rican shelf companies, especially when time is a sensitive matter. Below, our company formation officers in Costa Rica…
Starting a business in Costa Rica implies completing several steps and one of the most important is VAT registration. The procedure is connected to the value added tax (VAT) which is one of the largest contributions to the country’s Gross Domestic Product. Fortunately, the process is the same for both…
Employment in Costa Rica has two sides from a taxation point of view: the first one is that of the employer, and the second that of the employee. Both categories of taxpayers must pay an income levy as well as various social security contributions. Together, these form the payroll in…
Employee relocation to Costa Rica is subject to the same visa requirements as when hiring foreign workers by local companies. The most important aspect to consider in this sense is that work visas fall under the special immigration conditions, which is why you need to pay attention to the entire…
There are plenty of Costa Rican law firms that offer various services to suit your needs and choose one that meets your requirements will not be hard to find as most of the attorneys there speak English. Our lawyers in Costa Rica are at your disposal with numerous services, ranging…
Foreign citizens who want to relocate to Costa Rica must first check if they need to apply for entry visas upon arrival. However, South African citizens do not need visas if their stay does not exceed 3 months. Those interested in moving to Costa Rica from South Africa on a…
Cryptocurrencies are becoming appealing to more and more people, and businesses in this sector thrive in countries all over the world. This is also the case of Costa Rica where such ventures can be created without too much hassle, as there is no crypto exchange license required, at the moment.…
