HOW TO INVEST IN COSTA RICA: TYPES OF INVESTMENT!
PROCOMER is a non-state public entity responsible for promoting Costa Rican exports. In its mission to promote and facilitate foreign trade and investment, it has created mechanisms to help micro, small, and medium-sized enterprises with export capacity reach international markets. In line with this purpose, it has generated instruments that facilitate communication between the Costa […]
From Succession to real life: the importance of thorough due diligence in corporate mergers
Undoubtedly, one of the most relevant series in 2023 is Succession. The premiere of the 4th and final season of the story of the dysfunctional Roy family (Spoiler alert!) finds them negotiating the sale of their conglomerate to the tech entrepreneur Lukas Mattson. Throughout the episodes, it becomes evident how complex this process of due […]
Responsible use of the image of employees by companies
Taking care of the image of employees is an essential aspect for any company, and the film “Air: The story behind the logo” tells the story of how the best shoe brands fought to get a young Michael Jordan to sign a contract with them that would allow his name and image to be used […]
¿Why is Costa Rica one of the world’s best destinations for foreign investment in tourism?
In a globalized world, companies are constantly looking to expand their borders and explore new opportunities abroad. Costa Rica is definitely the best option for those who are looking for a country with a strong projection in the tourism business, for its paradisiacal beaches, lush rainforest, friendly people, in addition to its stunning natural environment […]
Has Your Company Submitted Its Final Beneficiaries Declaration?
Hello, business owners and entrepreneurs! Today, we want to remind you about the importance of complying with a fundamental requirement in Costa Rica: the final beneficiaries declaration. At ERP Lawyers, we understand that legal terms can be confusing, so we’ll explain it to you in simple terms. What does this declaration involve? Basically, it is […]
Last Days for Inactive Company Declaration
Attention, it’s the last days to submit the Inactive Company Declaration! The deadline for submission is May 31st. Here’s more information to keep your obligations in order. What does it mean to be an inactive company? What needs to be declared? Why is it important to make this declaration? Remember, making this declaration is essential […]
Importance of Due Diligence: JP Morgan swindled by startup CEO Frank
With the recent news of the arrest of Charlie Javice, CEO of a start-up company known as “Frank” (Frank provides a student loan assistance program), the importance of effective Due Diligence prior to any type of transaction comes to the forefront. Charlie is accused of fraud, because she was in the process of selling the […]
How to resolve disputes faster and cheaper in Costa Rica: discover out-of-court conciliation!
In Costa Rica, in addition to judicial processes, there are also alternative processes to resolve conflicts, such as out-of-court conciliation. This process is a popular option because it is faster, cheaper, and more effective in resolving disputes. What is out-of-court conciliation? It is a voluntary process in which the parties with differences meet with an […]
¿HOW TO GIVE LEGAL PROTECTION TO A VENTURE?
One of the most important aspects to consider when starting a business in Costa Rica is the legal protection that will be given to it. Through preventive measures, entrepreneurs can protect their ideas and their business from possible legal disputes in the future. In the following, we will develop some recommendations to give legal protection […]
OBTAINING A BUSINESS LICENSE IN COSTA RICA
If you are thinking of starting a business in Costa Rica, such as importing products, its necessity to obtain a commercial license in order to operate legally in the country. A commercial license is an official document that authorizes an individual or legal entity to carry out a commercial activity in the country. To obtain […]