Costa Rica's Free Zones require definition of the system
There is concern about the incentives to be received after 2015 when benefits expire according to World Commerce Organization provisions.
Monday, November 10, 2008
The Government wants to ensure these conditions through a reform of the free zone law aimed at attracting investment.
During the first quarter, the Ministry of Foreign Trade (Comex) will send the bill to the Assembly in hopes of getting it passed during the first quarter of the year.
With the reform to the Law on Free Zones, the country is adapting its legislation to WTO rules.
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.
Four developments are in process of obtaining official and environmental permits, and could begin construction in mid-2014 or early 2015.
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