Costa Rica: modern and secure

A strong and stable Central American base

Why Costa Rica

Costa Rica is one of the most attractive countries in which to do business in Central America, offering the region’s strongest social and political environment. Costa Rica’s stable mercantile and banking regulations, combined with a high standard of modern services and an exceptional workforce, create a secure environment for investors and corporations.

Our core areas of expertise

Entering a new market presents significant challenges and risks. Companies must ensure a complete understanding of local laws and regulations to avoid facing risks to their reputation, fiscal penalties, loss of business opportunities and legal action.

TMF Costa Rica helps companies keep compliant with local regulations and filings, and has helped many large and small businesses set up in Costa Rica with speed, safety and efficiency.

We have a solid core of local experts in Costa Rica assisting local and international clients, providing financial, legal, HR and payroll services across the country. We can get you set up, provide a single point of contact and take care of those non-core elements that keep your business moving, allowing you to focus on what you do best: selling your products and services.

As a leading provider of business process services, TMF Group helps companies looking to expand their operations with:

  • Accounting and tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Global entity management services: we provide support at every stage of your business lifecycle. Our multi-disciplinary expertise - in corporate secretarial, regulatory compliance, fiduciary services and more - is your outsourced answer to managing and maintaining entities across borders.
  • HR and payroll services: we help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.
  • Capital markets services: we provide support to capital market transactions at local level and on a global scale. We help to manage and administer a wide range of transactions, from a complex multi-tranche securitisation to a project finance transaction or a syndicated loan. We can also help direct lenders in need of support to administer their loan portfolio.
  • Fund services: we work with structures across the full investment spectrum, from private equity and real estate funds, to trade financing, debt and fund of fund structures.
  • Private wealth and family offices: we can incorporate and maintain asset holding vehicles for personal investments held in the United States along with bookkeeping and cash management services to support their maintenance and operation.

Local services

In addition to our global portfolio of services our Costa Rica office provides extra support for specific local requirements. This includes Free Trade Zone Regime support.

The Free Trade Zone Regime (FTZR) is the mainstay of the country’s export and investment strategy. Essentially, it is a set of tax incentives and other benefits granted by the Costa Rican government to investing companies who comply with strict local regulation.

Our local experts help clients comply with the obligations of the entities that are entering the regime or are already operating in the Costa Rica FTZR, with an integrated approach oriented to the fulfilment of prerequisites and the design of compliance. We also assist with the maintenance and correction of adequate processes, preparation for audits, and training the business to allow it to operate safely while maintaining the benefits within the regime.

Note

The registration of TMF Trust and Corporate Services Costa Rica Limitada, identification number 3-102-754715, before the General Superintendence of Financial Entities (SUGEF, in Spanish) does not represent an authorisation to operate. The supervision under the aforementioned Superintendence is related to the prevention of money laundering, financing of terrorism and financing of weapons of mass destruction, in accordance with Law 7786. This law is related to narcotic drugs, psychotropic substances, non-authorised drugs, related activities, money laundering and financing of terrorism. Therefore, the SUGEF neither monitor the business activities offered and delivered by the company nor its security, stability or solvency. The purchase of the company´s products or services by individuals is at their own expense and risk.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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