Doing Business in Costa Rica Our Firm Facio Abogados is a leading - - PowerPoint PPT Presentation

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Aug 15, 2023 224 likes •389 views

Doing Business in Costa Rica Our Firm Facio Abogados is a leading Costa Rican law firm with 20+ years experience successfully facilitating the establishment of foreign businesses in Costa Rica. Immigration Permanent residents: 1. Retiree:

SLIDE 1

Doing Business in Costa Rica

SLIDE 2

Our Firm

SLIDE 3

Facio Abogados is a leading Costa Rican law firm with 20+ years experience successfully facilitating the establishment of foreign businesses in Costa Rica.

SLIDE 4

Immigration

SLIDE 5

Permanent residents:

1. Retiree: possesses a guaranteed lifetime pension.
2. Rentist: possesses interest or dividend income.
3. Investors: sum depends on type of investment.

Temporary residents:

1. Businessmen or directors of local or foreign corporations.

Temporary Working Permit

SLIDE 6

Operating a Business

SLIDE 7

Sociedad Anónima (Corporation) Sociedad Limitada (LLC)

Incorporation requisites.
Administration.

SLIDE 8

Taxes

SLIDE 9

Inscription as a taxpayer. General requirements:

Foreigners.
Corporations or limited liability companies.

Costa Rican Tax System.

SLIDE 10

Brackets are based on gross and paid on net income. US$1-US$86,506.00 = 10% US$86,507.00-US$174,008.00 = 20% US$174,008.00+ = 30% Fiscal Year: 10/1-9/30 (can be adjusted to headquarter’s fiscal year)

SLIDE 11

Banking

SLIDE 12

Opening a bank account.
Requirements.
Restrictions.

SLIDE 13

Real Estate

SLIDE 14

Types of property:

Fee Simple Ownership.
Concessions in the Shoreline Zone.
Condominiums.

Protection of Real Estate Public Registry

SLIDE 15

Q&A

SLIDE 16

Thank You

jpa@faciolaw.com info@faciolaw.com