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Latin America

Nearshore tech teams selling to the United States, Costa Rica

Costa Rica sits in the US Central time zone, has the highest English proficiency in Central America, a strong university talent pool (UCR, TEC, ULACIT), CAFTA DR free trade access to the US, and a stable democratic track record. S.A. requires 2 shareholders and a resident agent; S.R.L. fits solo operators.

Central time zoneCAFTA DR accessStable democracy
Start setup {placement} 4 min · no card required
Corp tax
30%
Fastest setup
8-10 working days
Tax treaties
4
Region
Latin America

What you'll need

  • No resident director required
  • Local registered office required
  • No substance requirement
  • Minimum capital: USD 20
  • Administrative language: Spanish
  • Legal system: Civil law

Tax and treaty profile

  • Corporate tax 30%
  • Tax treaties 4
  • VAT rate 13%
  • Withholding on dividends 15%
Key treaty partners
SpainGermanyMexicoUAE

Banking and payments

  • Banking takes 2 to 4 weeks with KYC
  • Stripe not supported
  • Wise supported

Considerations

If you sell only to Costa Rican customers

Domestic source income is taxed at the standard CIT (30% headline, graduated 5/10/15/20% for smaller companies) plus 13% VAT (IVA). Without export or Zona Franca status, the effective rate is materially higher than offshore peers. Consider:

CIT 30% on local incomeVAT 13%Caja social charges