Costa Rica: Taxes to Free Zones

The Executive and Ministry of Commerce are clashing over the collection of taxes from 2015 from companies in free zones or industrial parks, included in the tax reform bill.

Friday, September 23, 2011

The new regulations are included in the proposed fiscal reform presented by the government to the Legislative Assembly.

President Laura Chinchilla, was emphatic on the need to approve the fiscal plan in Congress,” ‘so that the country does not go straight into a highly volatile economic situation’.

The Minister of Foreign Commerce (Comex), Anabel Gonzalez said ...’the country should also think about the stability of foreign companies that are currently generating over 60,000 direct jobs.’

Chinchilla insisted that her decision was to 'try to make the combination less harmful'", reported

More on this topic

Costa Rica: Municipal Taxes for Free Zones

May 2014

The Constitutional Court is examining an appeal by a mayor against the exemptions from municipal taxes for companies operating under the free zone regime.

The constitutional motion filed seeks to eliminate Article 20 of the Law on Free Zones, which exempt from tax capital net assets, property and land transfer fees for a period of ten years from the commencement of operations.

Problems Ahead for Costa Rica Free Port Law

July 2009

Three points exist that could complicate the approval of the Free Port law in the Costa Rican Congress.

Politicization of the benefited companies, creation of a fiscal paradise and transferring the favorable impact of investment to less developed areas are points doubted by several congressmen.

Costa Rica will give priority to reforming free zones

January 2009

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.

According to, "the objective is to guarantee that companies remain in the country, to encourage them to reinvest and to have a clear legal framework to attract new companies.

Costa Rica's Free Zones require definition of the system

November 2008

There is concern about the incentives to be received after 2015 when benefits expire according to World Commerce Organization provisions.

The Government wants to ensure these conditions through a reform of the free zone law aimed at attracting investment.

However, its early yet and the possibility of taking it to Congress for a vote seems far off.

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