Incentives for free zones in Alajuela
The Asamblea Legislativa modified the law to align the incentives received by the free zones that are installed in Grecia, Valverde Vega, Naranjo, Palmares and San Ramón, with those outside the Greater Metropolitan Area.
The legislator pointed out that Costa Rica is a highly centralized country in the GAM. This is why the proposed reform respects and coincides with the spirit of promoting development in peripheral areas.
The new law extends the exemption from taxes of companies located in the free zones of the West. The 100% exemption will go from 8 to 12 years. The subsequent exemption period of 50% is extended from 4 to 6 years.
No comments:
Post a Comment