FREE ZONE
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Tax: Setback for Local Authorities
Apr-16-21 | After in Costa Rica the mayor of Alajuela filed an action of unconstitutionality to revert the authentic interpretation approved by the deputies for the payment of real estate taxes applicable to free zones, the Chamber ruled negatively to the legal recourse filed.
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Local Governments vs. Legal Security
Apr-12-21 | After the Mayor of Alajuela filed an action of unconstitutionality in Costa Rica to revert the exoneration of real estate taxes applicable to free trade zones, the business sector believes that legal certainty is being undermined.
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Free Trade Zone Announces Ambitious Investment Plan
Jan-27-21 | America Free Zone, located in Heredia, Costa Rica, plans to execute an investment plan in the next few years totaling close to $120 million and contemplates the implementation of electro-lane stations and the construction of new infrastructure.
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Logistics Center: $150 Million Investment Plan
Sep-3-20 | In a 30-hectare lot located five kilometers from the Container Terminal in Moin, Costa Rica, construction will begin in the first half of 2021, a logistics complex that will focus on the management of local or imported cargo.
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Industry: New Developments in Free Zone
Aug-27-20 | In order to house companies that are about to start operations or for companies that need to expand their operations in Coyol Free Zone, the Costa Rican industrial complex is building new infrastructure for an area equivalent to 67,347 square meters.
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Free Zones: New Project in Costa Rica
Jun-17-20 | Portafolio Inmobiliario announced that it will begin the development of the Green Valley Free Trade Zone project, which in its first stage contemplates the construction of a Free Trade Zone located in the municipality of Grecia, province of Alajuela.
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Industrial Parks: New Investment Announced
Jan-24-20 | Code Development Group announced that it plans to build a new free zone in Grecia de Alajuela, Costa Rica, which would house companies in the high technology sector.
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IT Services: $20 Million in New Plant
Jan-20-20 | Teradyne, Inc. announced that it will build an industrial plant in the Coyol Free Zone, Costa Rica, which will have an area of 11 thousand square meters, from where it will provide its customers with electronic services and IT support.
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Manufacturing and its Different Realities
Jul-8-19 | High operating costs and the contraction of internal consumption are some of the reasons why in Costa Rica manufacturing companies under definitive regime report a decrease in their production, a situation that contrasts with the dynamism of companies in free trade zones.
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What Threats Are Facing Industrial Parks?
Jul-4-19 | Although in Costa Rica the level of unemployment of buildings in industrial parks is 8%, some precincts are facing threats, since companies could leave them because of the traffic congestion in the area where they are located and the travel time of employees.
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New Corporate Center in Costa Rica
Mar-5-19 | The first of the five buildings that will form part of the La Lima Corporate Center was launched in Cartago, which will require a global investment of close to $98 million.
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Exporters: Two Sides of One Coin
Jan-28-19 | The increase in Costa Rican exports during 2018 was mainly due to the performance of the 187 companies in the free zone, in contrast to the almost zero growth reported by companies exporting under the traditional scheme.
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International Event for Free Zones
Sep-21-18 | From October 1 to 3, Guatemala will be hosting a Conference on Free Zones of the Americas, where topics such as the potential and benefits of companies in the sector will be discussed.
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Free Zones: Exports Slow Down
Sep-13-18 | From January to July 2018, sales abroad from free zones in Costa Rica grew by 8%, well below the 12% increase registered in the first seven months of 2017.
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Tax Reform and Free Zones
Sep-6-18 | Entrepreneurs in Costa Rica are warning of the negative impact of not maintaining, in the new law of public finances, the VAT exemption on local purchases of goods and services carried out by free zone companies.