The Costa Rican Chamber of Family Enterprises (CACEF) performed a study of family firms, which aims to determine current dynamics of family businesses, their characteristics and future succession strategies, professionalism and international projections.

From this research, a final report will be published to compare results obtained from other Latin American countries.

Elfinancierocr.com reports, "The study is worldwide and aims to determine characteristics, development strategies and internal dynamics of large, medium and small family businesses in the country."

Source: elfinancierocr.com

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Office Market: What are Companies Looking for?

August 2019

In Costa Rica, it is estimated that the level of occupation of corporate spaces is 90%, being the modality "coworking", the type of office most sought by companies that are established in the country.

According to reports from Newmark Knight Frank (NKF), San Jose West, Heredia and the Savannah sector, are the most attractive areas in the country for future projects of this type.

Fewer Microenterprises in Costa Rica

January 2019

During 2017, there were 361,000 microenterprises operating from households in the country, 14% less than those reported in 2017.

The National Household Microenterprise Survey (Enameh) 2018 details that this type of companies generated 600,444 jobs in 2018, including the owner of the activity.

Micro-Enterprises in Costa Rica

February 2018

In 2017, microenterprises in Costa Rican households generated 768 thousand jobs, and increased their activity by almost 13% compared to 2015.

According to the "National Survey of Household Microenterprises 2017", in "... household microenterprises, service activities prevail, such as food services, beauty treatments, transportation, gardening, "chambas" (odd jobs), among others (42.2%), followed by retail sales, at home and on the street (22.6%), then follows industry, with clothing, bakery, construction and others (20.9% ), and finally agricultural micro-enterprises that cultivate coffee, bananas, beans, livestock, artisanal fisheries, among others (14.3%)."

Nicaragua: Family businesses and tax law

March 2014

Current law prevents the family businesses -most companies in the country- from making training expenses of their family member employees tax-deductible.

Members of family businesses can not take advantage of tax benefits for college expenses, postgraduate or masters degrees if they take these courses or their relatives do, even if they are an employee of the firm.