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Costa Rican Executive Branch publishes regulations on law to promote investment competitiveness outside the Greater Metropolitan Area

29 March 2023

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Tax Alerts, Legislation & Policy, National/Federal Taxation

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Costa Rica

A series of six Executive Decrees outline regulations for a Costa Rican law promoting investment competitiveness outside of the Greater Metropolitan Area.The new regulations will be of interest to companies that are looking to make new investments and wants to apply for the benefits of the FTZ regime outside of the GAM.The Costa Rican Executive Branch recently published in the Official Gazette six new Executive Decrees intended to regulate provisions of a law aimed at promoting investment competitiveness outside of the Greater Metropolitan Area (in Spanish, Gran Área Metropolitana or GAM) (the Law). Specifically, the Official Gazette published Executives Decree...