Costa Rica and the United States do not have a tax treaty, but they do have a Tax Information Exchange Agreement (TIEA) and a FATCA agreement. These agreements improve tax transparency, support compliance, and help U.S. companies operate in Costa Rica with clearer reporting obligations.
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Costa Rica
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Costa Rica
Avenida 1, Calle 36 edificio H&CO
Doing Business
Costa Rica offers a stable economy, skilled talent, and a strong environment for foreign investment. To do business in Costa Rica, companies must follow local regulations, maintain corporate compliance, and ensure proper tax and reporting processes.
How to
open a Business
To open a business in Costa Rica, companies must choose a legal entity, register with local authorities, obtain a tax ID, meet labor requirements, and maintain accounting records. Proper setup ensures full compliance and efficient market entry.
Tax
Treaties
Opportunities of Doing Business in Costa Rica
Technology & Digital Services
A highly educated, bilingual workforce and a strong cluster of shared services make Costa Rica a regional hub for tech and BPO operations.
Life Sciences & Medical Devices
Costa Rica is a leading exporter of medical devices, supported by advanced manufacturing capabilities and a well-established regulatory environment.
Advanced Manufacturing
Global companies benefit from free trade zones, skilled engineers, and efficient supply chain connections.
Tourism & Hospitality
The country’s natural diversity and strong brands attract steady international tourism, creating opportunities in services and investment.
Top FAQs about doing business in Costa Rica:
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Is Costa Rica politically stable and safe?
Is Costa Rica politically stable and safe?
Yes, Costa Rica is known for its long-standing democracy, absence of a standing army, and relatively stable government.
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When is the high season in Costa Rica?
When is the high season in Costa Rica?
The dry or “high” season typically runs from late November through mid-April, while the rainy (green) season starts in May.
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How do I start a business in Costa Rica as a foreigner?
How do I start a business in Costa Rica as a foreigner?
You can incorporate a company, register with local authorities, obtain a tax ID, and comply with permits and labor laws.
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How long can foreign visitors stay in Costa Rica?
How long can foreign visitors stay in Costa Rica?
There’s no fixed upper limit for repeated entries, but immigration may review “border runs.” For long-term stay, residency or a visa is more reliable.
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Does Costa Rica switch to Daylight Saving Time?
Does Costa Rica switch to Daylight Saving Time?
No, Costa Rica does not use Daylight Saving Time, so its local time remains constant.
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How much of Costa Rica’s economy depends on tourism?
How much of Costa Rica’s economy depends on tourism?
Tourism plays a large role; it accounts for a significant portion of GDP and provides a major share of employment.
Table of Contents
Labor Law in Costa Rica
Understanding labor laws in Costa Rica is essential for companies hiring local talent. This overview explains key regulations, including employment contracts, working hours, benefits, and employer obligations to help multinational businesses stay compliant and operate confidently in the Costa Rican market.
Read more
Why H&CO?
We specialize in guiding global investors, families, and multinational businesses through the complexities of cross-border investments and business expansion. With offices in over 30 countries, we are a trusted partner for those seeking to relocate, invest, or expand their business abroad providing tax, advisory, and integrated global solutions.
- 1,000+ multilingual professionals, providing local expertise with a global perspective.
- Client-focused leadership with deep industry experience in global markets.
- Forbes America’s Top 200 CPAs, 2025
- Forbes Best in State Top CPAs, 2025
- USA Today America’s Most Recommended Tax and Accounting Firms, 2025
- IPA Top 100 Accounting Firms, 2025 – Ranked #66
- IPA Fastest Growing Firms, 2025
- SFBJ Largest Accounting Firms by Billings, 2025
- SFBJ Largest Accounting Firms by CPAs, 2025


