Free Trade Zone Advantages
All FTZ companies enjoy 100% exemption for import and export duties, excise taxes, and remittances repatriation tax. FTZ companies that reside outside the Greater Metropolitan Area, and those that are considered significant suppliers, may enjoy additional tax exemptions. Other financial incentives are granted according to a company's individual circumstances:
FAQs
Can I operate my company in a free-trade zone?
Free trade zones, known locally as zona francas, help draw foreign investment to Costa Rica. To operate within a zona franca, your company must have fixed assets of at least $150,000. Tax exemptions include relief from import and export taxes, real estate transfer tax, capital tax (10 years), income taxes (100% for 8-12 years and 50% for the following 4-6 years), property tax, and selective consumption tax.
See Also
Free Trade Zone Tax Exemptions
Companies doing business in a Free Trade Zone receive the following tax exemptions, as long as they cannot claim their Costa Rican-exempted taxes as a business expense in another country.
ContinueFree Trade Zone Exporting Regulations
Companies that do business in Free Trade Zones are required to acquire an export license and are encouraged to file export declarations electronically through an Automated Export System (AES). The AES is a Costa Rican ...
ContinueLast updated: Oct 25, 2023