Costa Rica will give priority to reforming free zonesDuring 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.Monday, January 5, 2009
According to nacion.com, "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. Source: Nacion.com Costa Rica: Taxes to Free ZonesSeptember 2011 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. Free Trade Zones in Costa Rica: 5% TaxApril 2009 With the reform to the Law on Free Zones, the country is adapting its legislation to WTO rules. Costa Rica's Free Zones require definition of the systemNovember 2008 There is concern about the incentives to be received after 2015 when benefits expire according to World Commerce Organization provisions. The Costa Rican Ministry of Commerce (Comex) expedites free zone reformsOctober 2008 Comex is negotiating at the political level so that the free zone reform project can be send to the Legislative Assembly in December.
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