Money

As of Midnight August 18th and Until July 2021, Tourist Activities Will Not Pay Value Added Tax (IVA)

Tourist services will not have to pay the Value Added Tax (IVA in Spanish) until July 1st, 2021, once the law that imposed a new moratorium on the tax comes into force, as part of the extraordinary measures to...

Costa Rica Launches National Bioeconomy Strategy

Productive systems face a fourfold challenge in the face of the global economic contraction exacerbated by COVID-19: “to produce more efficiently or reinvent themselves, maintain value chains that support jobs and livelihoods, while the sustainable use and rehabilitation of...

What is The Best Location to Start Your Business?

How well you do in your business is majorly dependent on your business location. From how your business grows to how easily you can arrange to fund, all the crucial factors about the business growth are influenced by the...

Bicycle Madness in Costa Rica Shoots up Sales by up to 100%

Bicycle sales have soared by as much as 100% since mid-April, in numbers only comparable to those around the Christmas holiday, although, depending on the company, they are even better in these times of Pandemic. The interest in acquiring a...

“National Guarantee Fund” Will Allow Reactivating Credit For Saving Companies Hardest Hit by the Pandemic

The creation of a “National Guarantee Fund” is one of the proposals that both the private sector and the Executive Branch qualify as viable to reactivate the granting of credits to save companies hit by the Pandemic

“Fundecooperación” Offers Free Training to Agricultural Producers

Through virtual training, producers in the agricultural sector will be able to expand their knowledge in sustainable agriculture, responsible fishing, milk production, agro-ecotourism, adaptation to climate change, among other topics

The National Treasury again Postponed VAT Collection to Digital Platforms

The Taxation General Directorate from the Ministry of Finance again postponed the start of the collection of 13% of the Value Added Tax (VAT) to digital cross-border services and Internet purchases

46 out of 100 Costa Ricans Have Serious Debt Problems during the Pandemic

Debt is a problem that has been exacerbated by the COVID-19 Pandemic since 46 out of 100 households in the country are heavily or over-indebted. This was extracted from the most recent CID Gallup survey, called "Credit Use Habits,...

Impoverished Costa Rican Families Will Receive Financial Support for Funerals of Death by COVID-19

The National Joint Institute for Social Assistance (IMAS) announced a program to finance the burials of those who die from the Coronavirus Pandemic from families living in poverty. Although no details were shared about the available resources or the...

This is How Costa Rican Businesses Must Transform If They Wish to Survive the “New Normal”

The COVID-19 Pandemic without a doubt came to change the way we work and do business, not only in Costa Rica but globally. Changes in consumer behavior and the appearance of new opportunities and needs to be solved in...
- Advertisement -spot_img

Latest News

More Than 40 Tourism Companies and Organizations to Gather at the 6th San Jose Tourism Expo Fair

The 6th San Jose Tourism Expo Fair 2026 will bring together more than 40 companies and organizations linked to...