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...
Factoring: An Overview When a company accumulates numerous accounts receivable, such as invoices or promissory notes, it may turn to factoring, also known as invoice factoring or invoice discounting. Factoring becomes a highly viable option for a company in need of...
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...
“Copyright according to the National Registry: ‘It is one of the branches that contemplates Intellectual Property, with the aim of protecting original intellectual creations (…) The protection of Copyright covers the expressions, creative, ingenious,...
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...
With regard to remuneration to be paid in Costa Rica, it is important to note that ‘every worker is entitled to receive a minimum wage that covers the normal needs of their household in material, moral, and cultural aspects. This wage will be periodically set,...
