Permanent Residency: It’s a migratory status allowing indefinite stay in Costa Rica with the possibility to work without issues. Those eligible for this residency include individuals whose parents or children are Costa Rican citizens, or foreigners who have had...
What is a merger or acquisition of companies and why are they carried out? Mergers and acquisitions are part of a business strategy in which two or more companies join together as one entity to grow, gain competitiveness in the market, and strengthen themselves. A...
The Corporation (Sociedad Anónima or S.A.) and the Limited Liability Company (Sociedad de Responsabilidad Limitada or S.R.L. or LTDA.) are the most commonly used business entities in Costa Rica for investment or engaging in commercial activities. The Corporation...
The electronic invoice is a method used to generate, send, and store invoices electronically, reducing paper usage and simplifying accounting and taxation processes. The primary goal of electronic invoicing is to have more accurate control over the earnings of...
The employment contract may be verbal (Article 22 of the Labor Code) when it concerns: Agricultural or livestock tasks. This exception doesn’t include industrial work carried out in the field. Domestic service. Accidental or temporary work lasting no more than...
