20 new companies in Costa Rica free zones in 2009

The Foreign Trade Promoter indicated that there are at least 20 companies in process to operate in the country in 2009.

Tuesday, December 23, 2008


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The entity reported that in 2008 25 new companies were established in the free zones, at a total investment of $32 million. 17 of these companies were service-oriented, while the rest are dedicated to manufacturing exports products.

It is estimated that the country will received over $2 billion in foreign direct investment in 2008.



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More on this topic

Free Zone regime improves in Costa Rica

September 2008

Regulatory reforms seek to eliminate paperwork and facilitate partnership with local companies.

One of the most important changes in the new decree will allow companies that are under the incentives system to outsource 50% of their operations in the country and not just 25% was the norm until now.

Costa Rica Doesn’t Attract Investment Outside GAM

September 2012

Although tax incentives have been granted by the government, a lack of good telecommunication services and public infrastructure deters investors from setting up in less developed areas.

In 2010 reforms were introduced to the FTZ Act for the purpose of complying with the terms set by the World Trade Organization (WTO).

Nicaragua: Multi-Sectoral Agreement to Attract Investment

March 2009

Entrepreneurs, unions and the government have agreed to maintain the lowest wages on the isthmus and attract companies to Free Trade zones.

Thus far in 2009, several free trade zone companies, such as Dasol Textiles and Premier Textiles, have shut down operations in the country.

Update on Free Zones in Costa Rica

August 2016

In 2015 331 active companies were registered, of which 52% are devoted to services, 45% to manufacturing and the remaining 2% to the food industry.

From the executive summary of the study by PROCOMER "Balance of Free Zones: Net profit regime for Costa Rica 2011-2015":

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