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Originally Posted by jalami
Yeah, this debate is for another day seeing how the tax bill got shot down by the supreme court (Sala IV). At any rate, I wouldn't suggest that companies planning to operate here use Costa Rica as their banking option -- they should use Costa Rica for what it's best for. It would be advisable to form a local corporation simply for the purposes of paying for Costa Rican operations, such as office location, employees, and token management fees for the owners of the company in question.
The idea is to have funds for the expenses in Costa Rica, and the profits being generated by another entity in some tax haven -- a technique that is used by a good chunk of Fortune 500 companies. I figure if it's good enough for a multi-billion dollar multi-national company, it's good enough for me.
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Agree jalami!
Costa Rica is a place to live - a playground, and not necessarily a base for core operations - It's a great environment for "lifestyle".
Hell.. if ya don't actually need a formal "office" here, - the "staff" can be paid direct from an external entity and have the benefit of no taxes locally as well.
Tho... got to agree with the core principle of method of trading/structure you outlined above.