Traders, industrialists and entrepreneurs in the agro sector disagree with the position of the main private sector union over the negotiation of new taxes.
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.
Projections for sectors such as retail, real estate and franchising anticipate a better year for entrepreneurs, provided that new taxes are not approved.
The moderate expectations of entrepreneurs in Costa Rica in recent years took a positive spin at the beginning of 2016. However, the semblance of confidence is fragile, depending on the response of the government, particularly on fiscal issues, said Francisco Llobet, President of the Chamber of Commerce of Costa Rica to Elfinancierocr.com , when referring to the creation of new taxes.
Representatives of the Costa Rican Chamber of Trade and the Foreign Economic Relations Board in Turkey are seeking to open a space in order to generate business between the two countries.
From a statement issued by the Chamber of Commerce of Costa Rica:
The perspectives of companies in the commercial sector registered an improvement at the end of the year and by 2016 the industry expects to grow by about 4%.
From a statement issued by the Chamber of Industries of Costa Rica:
The private sector is divided between those who believe there is a need to devalue the colon against the dollar in order to regain competitiveness, and those who think that foreign exchange market intervention would worsen the overall situation.
While competitors such as Colombia, Mexico and other Latin American countries have chosen to devalue their currencies to improve their competitiveness at a time when the global economy is failing to recover, Costa Rica's export sector is lamenting the fact that added to the increase in production costs that it must face, is an appreciated exchange rate that undermines the real value of exports.
The index measuring confidence in the commercial sector in the second quarter of the year recorded the lowest level registered since it began in 2008, during the global financial crisis.
Once again the Presidency has spoken out to calm investors denying the insinuations of a Deputy Minister related to opening up the discussion on the free trade zone regime.
According to an article in Crhoy.com, the Deputy Minister of Labour, Harold Villegas, mentioned in the framework of the International Forum of Social Solidarity Economy that "as a society we should discuss the activities that should or should not be tax-free and although free zones functioned well in a moment of history, it's time to move towards a system of greater tax justice and for a more open discussion to take place. "
Businessmen in Costa Rica recognize the progress made by the government, but are calling for an acceleration in the process to eliminate the duplication of paperwork which still prevails in several institutions.
Currently we have a clear agenda to deal with the Ministry of Agriculture and the Ministry of Economy, Trade and Industry regarding outstanding issues and the reduction in the number of requirements for starting a business and those for established businesses.
Starting April chambers of commerce in the region will be providing free training on phytosanitary controls, management at border posts and customs procedures for exporting firms.
From a statement issued by the Chamber of Commerce of Costa Rica:
The private sector in Costa Rica is having doubts over the ability of the Treasury to prevent information leaks, if approval is given to a requirement for companies to disclose shareholder information.
The business sector fears that the authorities will not be able to control possible leaks of confidential data which companies must provide if the decree proposed by the Directorate General of Taxation is approved. They claim that in the past information was and the actions were not punished in any way. Also, if the main objective is to verify the payment of transfer tax they are questioning why "... they are asking for information from all companies, whether or not they have goods that they can transfer. "
The Costa Rican Chamber of the Food Industry has affirmed that problems and delays in the registration process have temporarily been resolved.
Representatives from the food industry (Cacia) point out that since the Ministry of Health implemented a temporary measure which allows records to be filed via an affidavit, the formalities are being completed in a week.
The retail sector is looking favorably on accession to the bloc, but the agricultural and food industries are opposed to it.
The lack of information about how membership has been negotiated and sensitivities presented by some sectors and products in comparison to their peers in the Pacific Alliance are part of the arguments used by agriculture and industry to oppose, at least under the current conditions, the incorporation of Costa Rica into the Alliance.
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