THE COSTA RICA FREE ZONE SYSTEM
Export Free
Zones are the mainstay of Costa Rica's export and investment strategy. The Free
Zones are, by definition, areas of customs and fiscal extra-territoriality.
These are designated facilities for carrying on economic operations based on
imported inputs and raw materials, manufacturing, assembly or marketing of
products or services for their subsequent export.
Ease of
operation, fiscal incentives, monetary and exchange facilities, excellent
communications, electricity, access to basic services and highly educated
labour force, make up a firm foundation for the dynamic development of
companies established under the Free Zone status.
Some of the
advantages of operating in the Free Zones of Costa Rica are:
- 100% exemption
from taxes on capital and assets.
- Exemption from
taxes on profits.
- Independent
management of foreign currency.
- Streamlined
processing of documentation required r installation and operation.
The Export Free
Zone Corporation provides investors with centralized services to carry out
established necessary procedures. The Corporation is located in the Center of
Foreign Trade. Other factors that make Costa Rica a grand opportunity for
investment and installation are:
- The
geographical location of the country, right in the middle of the Western
Hemisphere.
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