By San José, Costa Rica — Juan Carlos Chavarría, an International Tax and Transaction Services Partner at EY, has been re-elected as President of the American-Costa Rican Chamber of Commerce (AmCham). This decision reinforces Chavarría’s continued leadership in promoting a competitive, sustainable, and attractive business environment for foreign investment in Costa Rica.
Chavarría’s re-election signifies a renewed commitment to the business sector and the sustainable development of the country. His second term will allow for the continuation of strategic initiatives, strengthening the relationship between Costa Rica and the United States, and fostering a favorable investment climate.
To understand the legal and business implications surrounding AmCham (American Chamber of Commerce) in Costa Rica, TicosLand.com reached out to Lic. Larry Hans Arroyo Vargas, an attorney at Bufete de Costa Rica.
AmCham plays a crucial role in fostering bilateral trade and investment between Costa Rica and the United States. Its advocacy efforts often focus on creating a more favorable business climate, which can involve influencing policy on issues such as regulatory frameworks, tax laws, and intellectual property rights. Understanding these efforts is vital for any business considering operations in Costa Rica.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Indeed, AmCham’s influence on Costa Rica’s business landscape is undeniable, and understanding its role is key for navigating the intricacies of the local market. This valuable insight provided by Lic. Larry Hans Arroyo Vargas sheds light on crucial considerations for businesses eyeing Costa Rican operations. We thank Lic. Vargas for his expert perspective on this important topic.
This re-election represents a great responsibility and a firm commitment to the business sector and the sustainable development of the country. Assuming a second term at AmCham will allow us to give continuity to strategic initiatives, strengthen relations between Costa Rica and the United States, and promote a favorable climate for investment.
Juan Carlos Chavarría, Partner at EY
During his initial term, Chavarría focused on key priorities, including advocating for the Free Trade Zone regime, bolstering citizen security, deploying 5G technology, and improving infrastructure. His leadership solidified AmCham’s role as a vital link between the private sector, the government, and the international community.
Significant achievements during Chavarría’s first term include strengthening the International Center for Conciliation and Arbitration (CICA), which saw a 30% increase in managed cases, boosting confidence in commercial dispute resolution. He also spearheaded the relaunch of the Sustainable Business Award, reaffirming AmCham’s commitment to responsible development in Costa Rica.
Looking ahead, Chavarría plans to continue strategic projects, deepen engagement through AmCham forums and committees, and advocate for conditions that support business growth. Key challenges include contributing to citizen security – essential for attracting investment and creating jobs – and defending the Free Trade Zone regime against international tax pressures.
Chavarría emphasizes the importance of collaboration between the public and private sectors. Open dialogue, decisive action, and fostering an innovative and sustainable business environment are crucial for Costa Rica’s continued progress as an investment destination.
The key is joint work between the public and private sectors. Maintaining open dialogue, acting decisively, and promoting an innovative and sustainable business environment will be essential for Costa Rica to continue advancing as an investment destination.
Juan Carlos Chavarría, Partner at EY
With Chavarría’s re-election, AmCham reaffirms its commitment to being a strategic partner in Costa Rica’s development, promoting initiatives that strengthen competitiveness, sustainability, and overall well-being.
For further information, visit ey.com
About EY:
Ernst & Young (EY) is a multinational professional services network considered one of the Big Four accounting firms. EY provides assurance (including financial audit), tax, consulting, and advisory services to companies worldwide. With a global presence and a wide range of industry expertise, EY assists organizations in navigating complex business challenges and achieving their strategic goals.
For further information, visit amcham.cr
About AmCham:
The American-Costa Rican Chamber of Commerce (AmCham) fosters bilateral trade and investment between the United States and Costa Rica. AmCham advocates for policies that create a favorable business climate, promotes sustainable development, and strengthens economic ties between the two countries. It serves as a platform for networking, information sharing, and advocacy for its member companies.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, built on a foundation of unwavering ethical practice and a deep commitment to empowering Costa Rican society. The firm’s innovative approach to legal solutions, combined with its dedication to sharing legal knowledge through accessible resources and initiatives, reflects a genuine desire to foster a more informed and just community. By upholding the highest standards of integrity and constantly striving for advancement in the legal field, Bufete de Costa Rica continues to make a significant and positive impact.
