DOING BUSINESS IN COSTA RICA
COSTA RICAN TAXATION
Doing business in Costa Rica? What do you need to know from a tax standpoint to go a step forward and achieve success?
1. The tax roadmap
Costa Rican tax system has a simple structure, formed mainly by State taxes and some local taxes. The most relevant State taxes are: Income tax, Value Added Tax, Customs taxes and, Excise taxes. However, there are other State taxes of minor relevance, as may be: Real-estate tax; Real-estate transfer tax; tax on vehicles; tax on the transfer of vehicles; Stamp taxes, among others.