E-commerce is the purchase and sale of products and services through the internet, which enables the seller to present products in detail and the buyer to make payments easily. This modality has different components and uses technologies such as mCommerce to enable online purchases with mobile phones, fintech, supply chain management, […]
A corporation is the legal person whose purpose it is to carry out commercial acts subject to commercial law. A commercial company has a nominative nature where there is an obligation and there is a subsequent application of that contribution to achieve an economic goal. Companies originate when two or […]
Capital Gain is a benefit that results from a disposal of a capital asset—such as stocks, bonds or real estate—when the amount obtained in the sale exceeds the previous purchase price of the real estate, share or bond. Example: on December 1, shares are acquired for 50,000 colones. As of […]
Being classified as a minority partner within a mercantile society, also called a minority shareholder, means that one has less than 50% of the shares. Due to their number of shares minority shareholders cannot exert pressure on company decisions made by the majority shareholder. The implications of being a minority […]
Global Income Law taxes the taxpayer based on their residence and not on the place where the income-producing business is located. This allows the system to tax profits obtained in a more or less comprehensive way. It should be noted that this law has been under study in Congress for two years: […]
During the creation process of the Law for the Strengthening of Public Finances, the Ministry of Finance requested that the Global Income Tax be incorporated, which would be achieved by assessing a charge (percentage) on INDIVIDUALS AND LEGAL PERSONS engaged in activities for financial gain. This type of charge is […]
In Costa Rica one of the main challenges of opening a business is the fact that, while relevant public policy does exist, there is no specific law for entrepreneurship, nor are there spaces where the entrepreneurial sector might participate in the shaping of public policy. Further, social security charges are […]
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