- Type of Government: Presidential republic
- Population: Approximately 5.2 million
- GDP: Around $95 billion USD
- Corporate Tax Rate: 30%
- Personal Income Tax Rate: Progressive, up to 25%
- Major Exports: Medical devices, bananas, pineapples, coffee
- Major Imports: Machinery, petroleum products, electronics
Doing Business with Costa Rica
A comprehensive guide to doing business, exporting, investing, and manufacturing in Costa Rica.
Exporting to Costa Rica involves several steps to ensure compliance with regulations. Here’s a detailed guide:
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Conduct Market Research
- Analyze demand for your product in Costa Rica.
- Understand the competitive landscape and regulatory requirements.
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Verify Product Compliance
- Ensure your product meets Costa Rican standards and regulations.
- Check if specific certifications or permits are required.
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Prepare Documentation
- Include commercial invoices, packing lists, and certificates of origin.
- Ensure compliance with Costa Rican customs requirements.
Key Contacts
- Procomer (Costa Rican Foreign Trade Promotion Agency): Procomer Website
- Ministry of Foreign Trade (COMEX): COMEX Website
Importing goods into Costa Rica requires adhering to local customs laws and tax regulations.
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Register Your Business
- Ensure your business is registered with the Costa Rican authorities and obtain a tax ID.
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Classify Your Goods
- Use the Harmonized System (HS) codes to classify your goods accurately for duty assessment.
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Customs Clearance
- Work with a customs broker to facilitate the clearance process. Pay any duties and taxes required.
Key Contacts
- Customs General Directorate: Customs Website
Incorporating a company in Costa Rica involves several key steps:
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Choose a Business Structure
- Decide on the type of company: Limited Liability Company (LLC) or Corporation (S.A.).
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Register with the National Registry
- Submit incorporation documents to the National Registry to obtain a corporate identification number (Cédula JurÃdica).
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Social Security Registration
- Register with the Costa Rican Social Security Fund (CCSS) for employee benefits.
Key Contacts
- National Registry (Registro Nacional): Registro Nacional Website
Setting up a manufacturing plant in Costa Rica provides access to key Free Trade Zone incentives.
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Choose a Suitable Location
- Identify industrial zones with necessary infrastructure and proximity to ports like Limón or Caldera.
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Secure Financing and Incentives
- Explore funding options and government incentives for sustainable manufacturing.
Registering a trademark in Costa Rica ensures legal protection for your brand.
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Trademark Search
- Check availability through the Costa Rican Intellectual Property Registry.
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Registration and Certification
- If no oppositions arise, the trademark is registered for a period of **10 years**.
Disputes can be settled through Negotiation, Mediation, or the Judicial system:
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Alternative Dispute Resolution (ADR)
- Mediation and Arbitration are often quicker and more formal than court proceedings.
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Litigation
- File a lawsuit in the relevant Costa Rican court if ADR methods fail.
1. Language and Culture
- Spanish is the official language, but English is widely used in business. Personal trust and networking are vital.
2. Economic Factors
- The currency is the **Costa Rican Colón (CRC)**. The country is a major hub for medical device manufacturing and eco-tourism.
Ask our Experts on Doing Business in/with Costa Rica
If you’re looking to do business or invest in Costa Rica, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.










