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Free Trade Zones and Investment Incentives
Costa Rica offers several free trade zones that provide companies with tax breaks, duty exemptions, and investment incentives. These zones have attracted numerous multinational corporations, especially in high-tech and manufacturing industries, such as Intel and HP, which have established production facilities in the country.
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Renewable Energy Supply
Nearly all of Costa Rica's electricity comes from renewable sources like hydropower, wind, and geothermal energy. This sustainable energy supply attracts green economy businesses and environmentally conscious companies to invest and set up operations in the country, while also reducing energy-related operational costs and enhancing its competitiveness in global markets.
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Free Trade Agreements with Major Markets
Costa Rica has signed several free trade agreements, including the Central America Free Trade Agreement (CAFTA-DR) with the U.S., as well as bilateral agreements with the European Union, Mexico, Chile, and others. These agreements provide Costa Rican products and services with easy access to major global markets, fostering export growth and attracting international companies to establish export-oriented operations in the country.
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Highly Educated Workforce
Costa Rica has a well-educated population, particularly in fields like technology, engineering, and manufacturing. This skilled labor force supports the growth of industries with high technological content, such as medical devices and tech sectors, making it an appealing destination for foreign companies to establish R&D and production facilities.
Tax Info
Enter Dynamic Page- General CIT Rate
- 30%
- CIT Return Due Date
- CIT return is generally due by 15 March
- CIT Payment Due Date
- Final payment should also be made by 15 March
- CIT Estimated Payment Due Date
- Estimated CIT payments must be made quarterly, with 75% of the amount split equally among June, September, and December.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 15/15/0
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 15/15/25
- General VAT Rate
- 13
- General Capital Gain Tax Rate
- 15% (2.25% under certain conditions)
- Composite Effective Average Tax Rate
- 28.24%
- Composite Effective Marginal Tax Rate
- 26.12%
Administrative Regions
- A - Alajuela Province
- C - Provincia de Cartago
- G - Guanacaste Province
- H - Heredia Province
- L - Limón Province
- P - Puntarenas Province
- SJ - San José Province
Belonging Jurisdiction
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CR - Costa Rica
Republic of Costa RicaLearn MoreRepublic of Costa Rica -
USAN - Union of South American Nations
Union of South American NationsLearn MoreUnion of South American Nations -
WORLD - Global
EarthLearn MoreEarth
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