With great pride, the ERP Lawyers firm received the Essential Country Brand Costa Rica, awarded jointly by the Costa Rican Foreign Trade Promoter (PROCOMER). The Sello PYME Basic SME Seal is a “distinctive that allows to enhance business management, the quality of processes, products and services. ERP got the license to use the Country Brand essential Costa Rica because of […]

From January 7, 2016 the drivers who use the roads of Costa Rica have the option to conciliate between them when they are involved in a minor traffic accident, that is, only when the car suffers materials damage, and always when these can move normally without the need of a crane. Thanks to Decree No. 39146-MOPT, published on September 9, 2015 in the […]

Costa Rica has become an excellent option to establish and acquire franchises, a business model that works to exploit a brand or service, and that in a short time has managed to expand successfully, so much so that currently 278 franchise in Costa Rica operative. Let´s remember that a franchise is a model of business […]

In recent years the term franchises has acquired an important meaning in Costa Rica, because every day there are more large, small and medium-sized entrepeneurs who decide to turn their business into a franchise. Only in Costa Rica, the 278 franchises currently existing employ more than 28 thousand people. 78% of all Costa Rican franchises have an international origin, […]

Our country has been dynamically inserted in the global economy for several years now, becoming commonplace for companies and industries of different types to start operations in Costa Rica, with economic and cultural benefits for Costa Rican citizens, foreign investors and workers who build such enterprises in our domestic market. The efficient residence procedures for […]

As of January 7, 2016 the presence of a traffic officer in minor car crashes (material damages only; no people injured) will not be required, thanks to a decree of the Presidency of the Republic that wants the drivers involved in a car accident, to conciliate between them, to avoid unnecessary congestions on theroads of […]

On August 13, 2015, Executive Decree No. 39078-JP entered into force: “New rates for the collection of notaries and lawyers’ fees,” which introduces a general increase of 10% in the minimum rates for legal services, becoming this way in the new rates for the collection of attorney and notary fees. The Board of the Bar […]

On Wednesday May 20, 2015 came into force in Costa Rica the Movable Property Guarantees Law (N° 9246), whose purpose is that entrepreneurs and SMEs (small and medium-sized enterprises) obtain credits more easily. The Law expanded the number of goods that can be used as a backup to opt for loans, i.e., now are admitted as guarantees, besides accounts receivable: Crops Livestock […]

There is a flexible tool to turn to when a company requires a short-term liquidity to operate normally. Factoring (also known as discount of invoices) is a figure that is used in Costa Rica to get financing, without the need to go to a bank to process a loan. It consists to convert into cash, accounts receivable: Invoices, bills of exchange, promissory notes, […]

The Judicial Collection Law (# 8624), effective in Costa Rica since May 20th, 2008, completely changed the way the judicial collection files were processed, and put in order those people who failed to comply with the payment of debts, regardless the amount. Let´s recall that the judicial collection applies to those who have debts with public or private entities: Banks: credit cards or loans […]