Costa Rica
Costa Rica Business Process Outsourcing
If Costa Rica business outsourcing is a new concept to you, just look at all the advantages you will have when you outsource your business to this beautiful and prosperous country. It has many opportunities available for those who are interested in vacationing businesses, real estate, travel, fishing, and tours of the popular country. If your company is seeking to establish operations for high quality output at lower costs, while obtaining excellent tax incentives, then Costa Rica is the first place you should look for the best opportunities.
Costa Rica is a great place for a variety of business process outsourcing since it offers highly educated, versatile, and productive workers for only the equivalent of US $2.30 per hour. It has one of the highest United Nations' Human Development Indexes among developing nations as well as one of the leading literacy rates in the American Continent. Costa Rica has invested many resources into education and health services for their citizens. They have a strong educational emphasis on computers and English in their schools that begins in the early grades. Also, the National Training Institute (INA) offers free technical training in many fields so that there is always a qualified and knowledgeable work force to perform to your expectations.
Costa Rica will provide your business a comprehensive package of incentives when you process outsourcing from the United States. You have no performance requirements to meet or minimum investment levels by being a foreign investor. These incentives are available for activities that are directly related to the export of services and/or products that come from Costa Rica. These are the Free Zone system, the Continuous Product Development program and the Duty Reimbursement program, each of which is regulated by its own separate legislation. The Free Zone System4 grants beneficiary companies the widest range of benefits available in the country today.
Some of these benefits you can experience for Costa Rica business process outsourcing include a 100% exemption on import duties on raw materials, components, and capital goods. You will also benefit from a 100% exemption on taxes on profits, export taxes, local sales and excise taxes, taxes on profit repatriation, and on capital taxes. There are no restrictions on capital/profit repatriation or foreign currency management. In addition, you will have expedited on-site customs clearance and have the opportunity to sell to exporters within the country.
When you choose Costa Rica for business process outsourcing, you will find that there are no restrictions in the capital or fund repatriation of earnings, royalties or capital. You will have no requirement to register investments with any of the government authorities. Costa Rica is in the center of the American Continent and has ports on both the Pacific and Atlantic oceans to serve as an operations base for world markets. Products enter duty-free to the U.S. through the Caribbean Basin Initiative, to Europe through the General System of Preferences, and to Central America and Mexico through Free Trade Agreements.
There are many other advantages to choosing Costa Rica for your business process outsourcing site but the advantages are obvious. Go to costarica.uk.com and you will see what a beautiful and advantageous country it really is!