Free Trade Zones
We help you determine whether your project qualifies for the Free Zone Regime; we submit the application to PROCOMER and provide accounting, fiscal, and regulatory compliance support once it is approved.
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Tidying up the house: key to growth
Pay the taxes determined by law, no more and no less.
Creative solutions
Thinking "out of the box" is part of our identity.
Ready for the three visits
We help you to prepare your company for the visit of the authorities, the visit of a potential buyer and for an orderly succession.
Services for companies in free zones
The entire cycle of the regime, with the same team.
Schedule your 30-minute consultation, free of charge →Feasibility analysis of income
You know if your project qualifies before investing in the application.
We verify the general requirements for opting for the Free Zone Regime and the preparation of the company to fulfill its main obligations.
Application for admission to PROCOMER
A complete and coherent application with the feasibility analysis.
We prepared and submitted the application for admission to the regime to the PROCOMER.
Softlanding and operational permits
Your company is established and ready to operate.
Constitution of the company and initial compliance with obligations as a company and employer before the Costa Rican authorities.
Accounting and financial reports
Monthly reports in accordance with the International Financial Reporting Standards.
- State of results and balance sheet
- Cash flow and changes in equity
- Notes to the financial statements
- Accounts receivable, amortization and bank reconciliations
Tax declarations
All tax obligations for the period, submitted on time.
- Monthly VAT (D-104)
- Monthly and annual withholdings (D-103 and D-152)
- Income tax (D-101)
- Customers and suppliers (D-151)
- Capital income (D-125 and D-149)
- Actions before the Tax Administration
Compliance with the regime
The obligations inherent in the regime were met without any surprises.
Payroll preparation, assistance in the annual operations report and support in PROCOMER audit processes.
Benefits of the regime
The incentives that a qualifying company can obtain.
- Exemption on the import of goods and vehicles necessary for the operation
- VAT exemption on local purchases necessary for the authorized activity
- Exemption from taxes associated with exports
- Exemption for 10 years from the property transfer tax and the municipal patent
- Exemption from tax on remittances abroad
- Exemption from income tax for a period of between 8 and 12 years, depending on the case
The exact scope depends on the category and location of the project.
Consultation with Our Attorneys
ICS Consultores stands out for offering comprehensive legal advice and customized solutions in Costa Rica. Our team of expert lawyers is ready to help you with all your legal needs, from litigation and contracts to conflict resolution. Trust us to provide you with a high quality legal service tailored to your needs.
How we support you in the regime
Feasibility analysis
We verify that the project meets the requirements of the Zone Franca Regime and its main obligations.
Application to PROCOMER
We prepare and submit the admission application in accordance with the feasibility analysis.
Softlanding
We form society and fulfill our initial obligations as a company and employer.
Continued compliance
Accounting, statements, annual operations report and support in audits by PROCOMER.
Entering the regime is the beginning; fulfilling it is the work.
The benefits of the scheme depend on fulfilling its obligations year after year. That is why we accompany the entire cycle, not just the application.
Feasibility
We verify that the project meets the requirements of the regime and that the company is prepared to meet its obligations.
Request and start
We submitted the application to PROCOMER, formed the company and obtained the permits to operate.
Continued compliance
Accounting, statements, annual operations report and support in audits by PROCOMER.
Do you recognize any of these situations?
Contact usEvaluate investing in Costa Rica
You need to know if your project qualifies for the scheme and what benefits you would receive.
He is going to install a new operation
It must form the company, register as a sponsor and obtain permits without losing months.
It is already operating in a free trade zone
He/She needs to keep the accounting, statements and annual report up to date with PROCOMER.
PROCOMER announced an audit
It must demonstrate compliance with the regime's obligations with properly filed documentation.
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Talk to an ICS specialist
✓ 30 years of experience
✓ Specialists in Costa Rican companies
Free Initial Consultation
Duration: 30 minutes
ICS Consultants
Other Services
Corporate Law
Company constitution, mergers and acquisitions, reorganizations, corporate maintenance, succession and final beneficiaries, with legal, tax and audit teams under one roof.
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Continuous Tax Consulting
Your external tax team is always available. Continuous tax, accounting and legal advice for companies in Costa Rica, at a fixed monthly fee. Pay the taxes that the law requires: no more, no less.
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Strategic Fiscal Diagnosis
We identify hidden tax risks and savings opportunities before the IRS does
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Who can benefit from the Zone Franca Regime?
Companies that meet the requirements of the regime according to their category, such as exporters, service providers, processors or industries. We determine this in the feasibility analysis.
What benefits does the regime offer?
Among others, exemptions on imports, VAT on local purchases, taxes on exports, remittances abroad, and, for a certain period, income tax, property transfer, and municipal tax.
What obligations does a free zone company have?
Maintaining their accounting records, filing their tax returns, submitting the annual operations report to PROCOMER, and attending their audits, in addition to general obligations as an employer.
Do free zone companies have to prepare transfer pricing studies?
If they have operations with related parties, they may be obliged to do so. See our service transfer pricing.