Costa Rica: Entrepreneurs Distance Themselves From Main Union

Traders, industrialists and entrepreneurs in the agro sector disagree with the position of the main private sector union over the negotiation of new taxes.

Tuesday, March 8, 2016

Three business unions have ratified their opposition to new taxes in Costa Rica and have made known their total lack of empathy with the way the Uccaep, an organization that unites most of the unions in the private sector, has dealt with the Solis administration over tax issues, the negotiation of a shareholder register proposed by the government and other aspects related to the fiscal problems affecting the country.

The unions in question are the Chamber of Commerce, the Chamber of Industries and the Chamber of Agriculture and Agribusiness.

See also: "Businessmen Yield Over Shareholder Registry"

From a statement issued by the Chamber of Industries of Costa Rica:

In the Chamber of Industries of Costa Rica we believe the decision to leave or be part of the negotiations on the issue of a corporate database rest solely with Don Ronald Jimenez, President of the UCCAEP.

Regarding the issue of public finances, the Chamber of Industries continues to believe that the solution to the fiscal deficit must be comprehensive, both on the side of expenditure and revenue, and we visualize that on this position there is enough consensus and agreement in the business sector.



More on this topic

Businessmen Yield Over Shareholder Registry

March 2016

The main private sector union in Costa Rica has agreed to form a technical team together with the government to create a database of corporate shareholders.

The Costa Rican Union of Chambers and Associations of Private Enterprise (Uccaep) agreed with the Government of the Republic to form a team (including tax and computer experts) to assess the conditions for creating a database of shareholders, reported Nacion.com.

Costa Rica: Little Optimism for 2015

November 2014

Business confidence is still falling with complaints being made about the absence of an agenda which aims to improve the business climate in the country.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Business confidence falls at the end of the year

Business Confidence in Costa Rica Still Falling

September 2014

The results of the Quarterly Business Survey highlighted that 78% of companies are ruling out making new hires this year.

From a statement from the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

78% of companies rule out new hires this year

Quo Vadis Costa Rica?

August 2014

The productive private sector is signalling a lack of dialogue and clarity as well as conflicting messages from the authorities of the new Costa Rican government, which is also proposing laws that discourage investment.

An increase of more than 4% in the salaries of public officials, lack of action over lowering the cost of energy, lifting barriers which generate legal uncertainty, and initiatives to increase the tax burden on the formal productive sectors are the issues concerning entrepreneurs in Costa Rica.

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