Why Costa Rica?

National Population:
+49 million people
Growth Projection by 2027:
Main Characteristics:

Costa Rica is one of the World Bank's top-ranked economies in the Latin American and Caribbean region.

It is a strategic destination for multinational companies operating in sectors such as services, advanced and light manufacturing, and life sciences.

A considerable benefit of doing business in Costa Rica is the absence of restrictions on reinvestment or repatriation of profits, royalties, or capital.

It has a solid infrastructure where almost all of the country's energy is renewable.

It has a proven 120-year track record of democratic, economic, and political stability.

Costa Rica_Business Guide Cover_ENG
Interested in doing
business in Costa Rica?

Growing Industries and Market Opportunities

Food Industry
Medical Technology

Limits for Foreign Shareholders

  • Companies in Costa Rica have no nationality restrictions or shareholders' residency requirements for incorporation.

Main Tax Rates in Country

Corporate Taxes

30% - Standard

5% - 20% - apply to companies with earnings below specific ranges.


15% Withholding

Employment Taxes
Social Security: 26.33% (employer)
Year End Bonus: 8.33% (employer)
Payroll Tax: 10%-15% (employee)


Remittance of profits

Remittance of profits for a branch to its head office is subject to a 15% withholding.

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