Posts by Legal Team Costa Rica- Business News and Updates


Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.

Overview: Trade Relations Between the United States and Costa Rica

Overview: Trade Relations Between the United States and Costa Rica

The United States and Costa Rica have maintained a relatively close trade relationship throughout its history. According to the Embassy of the US in Costa Rica, this relationship was born in 1851 and reinforced in 1852, when the “Treaty of Friendship, Commerce and Navigation” between both countries came into effect. Interactions between both countries cover diverse trade matters and allow them...

Produce Exports in Costa Rica Show Promising Future

Produce Exports in Costa Rica Show Promising Future

Although Costa Rica is a small country, it is considered as one of the most attractive destinations in Central America for foreign investment. Costa Rica holds a strategically advantageous geographic location, with ease of access to the main economic powers in the region through comprehensive maritime logistics. The country has been no stranger to the economic impact of Covid-19 on certain...

Key Developments for Fintech in Costa Rica

Key Developments for Fintech in Costa Rica

Fintech ecosystem in Costa Rica is rapidly evolving. Not only because technology is being applied to the finance sector, but because systems are being improved, becoming more efficient, equitable and accessible. Furthermore, Costa Rica is currently a center of technological convergence. Large shared services, IT, outsourcing and customer service companies turn to this country to make large...

Why Should US Companies Do Business in Costa Rica?

Why Should US Companies Do Business in Costa Rica?

There are multiple benefits for US companies doing business in Costa Rica. The country offers to foreign investors a politically stable environment, closeness to major cities in the world, and an international reputation that precedes it in education, tourism, technological, manufacturing and service matters. Plus, businesses have a number of options when expanding into the country. These...

When Does an NGO in Costa Rica Need Anti-Money Laundering Policies?

When Does an NGO in Costa Rica Need Anti-Money Laundering Policies?

Non-governmental organizations or NGOs in Costa Rica must take into consideration anti-money laundering policies, and how they should apply them to their organizations to comply with local legal requirements. Find out the related legislation and relevant groups supporting anti-money laundering for NGOs in Costa Rica and Latin America, and how you can protect your organization. Policies to fight...

How to Form an NGO in Costa Rica

How to Form an NGO in Costa Rica

Understand how to form an NGO in Costa Rica to support your commercial and social causes. The Costa Rican government works to promote sustainability and growth in the country. Costa Rica is a social State of law that cares about the well-being of its citizens and those residing in its territory. The government works to promote sustainability and growth. It also strives to develop policies that...

Costa Rica Promotes Sustainability and Growth Through Business Development Initiatives

Costa Rica Promotes Sustainability and Growth Through Business Development Initiatives

Costa Rica business development initiatives strongly support the country’s overall economic growth and welcome foreign business. With dozens of habitats and climate zones, it can be easy to only relate Costa Rica to nature and biodiversity, however, the country’s development has far surpassed economic activities from the primary sector. The growing technology scene and public strategies adopted...

How to Liquidate Your Business in Costa Rica

How to Liquidate Your Business in Costa Rica

The process to liquidate your business in Costa Rica can be straightforward. Although a small territory, is one of the most stable democracies in the region. It is known for its legal security and the country's stable legal frameworks. Citizens, residents, and foreign investors find great value in Costa Rica's commercial offerings. Many foreign companies moving into Central America choose to...

When do You Need a Legal Representative in Costa Rica?

When do You Need a Legal Representative in Costa Rica?

The Legal Representative in Costa Rica is someone who acts on behalf of another person or legal entity. Legal representation is established by formally mandating a person to act on behalf of another person or company. If you’re expanding into Costa Rica, it’s important to know when you’ll need a legal representative and what they can do for your business. You can formally appoint a Legal...

Why Register your Online Business in Costa Rica?

Why Register your Online Business in Costa Rica?

Costa Rica is one of the most stable democracies in the Central American region. The country’s stability is boosted by the country’s legal security and frameworks. Citizens, residents and holidaymakers alike find great value in Costa Rica’s commercial, tourism, and lifestyle offerings. The country’s varied geography and warm disposition towards foreign business supports a forward-thinking,...

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