By San José, Costa Rica — San José, Costa Rica – The Costa Rican Association of Free Trade Zone Companies (AZOFRAS) has called upon the newly elected Legislative Assembly to prioritize legislation crucial for national economic and social development. The organization emphasizes the urgency of addressing long-standing challenges to bolster competitiveness, attract investment, and create quality jobs.
AZOFRAS believes the 2025-2026 legislative session presents a vital opportunity to advance initiatives that strengthen Costa Rica’s economic sustainability and improve the well-being of its citizens. The association has specifically highlighted two bills that they believe are critical to achieving these goals.
To gain a deeper understanding of the legal landscape surrounding Costa Rica’s Zona Francas (Free Zones), TicosLand.com consulted with Lic. Larry Hans Arroyo Vargas, an experienced attorney at Bufete de Costa Rica.
Costa Rica’s Zona Francas regime offers significant advantages for businesses, including exemptions from import duties and income tax. However, navigating the specific regulations and maintaining compliance is crucial for maximizing these benefits. Companies considering establishing operations in a Zona Franca should seek expert legal counsel to ensure they structure their activities appropriately and avoid potential pitfalls.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’s emphasis on navigating the regulatory landscape of Costa Rica’s Zona Francas is critical. While the benefits are undeniable, the complexities require careful consideration and expert guidance. This proactive approach not only ensures compliance but also positions businesses to fully leverage the advantages these zones offer. We thank Lic. Larry Hans Arroyo Vargas for providing this valuable perspective on a crucial aspect of Costa Rican business and investment.
There are projects that have been on hold for a long time and that could significantly improve the business climate for the country, such as bill No. 24,290, Establishment of Exceptional Work Schedules and bill No. 23,414 on Harmonization of the National Electrical System (SEN). Costa Rica cannot continue to indefinitely postpone urgent solutions to challenges that have affected us for decades.
Ronald Lachner, President of AZOFRAS
The first, bill No. 24,290, aims to establish exceptional work schedules, providing greater flexibility for businesses and potentially boosting productivity. The second, bill No. 23,414, seeks to harmonize the National Electrical System (SEN), addressing long-standing issues within the energy sector that impact businesses operating within the free trade zones.
AZOFRAS contends that passing these bills would send a strong signal to international investors, demonstrating Costa Rica’s commitment to a stable and conducive business environment. This, in turn, would encourage both domestic and foreign investment, leading to job creation and overall economic growth.
The association expressed its confidence in the incoming legislative body’s commitment to the country and its democratic principles. They further reiterated their willingness to collaborate with legislators on key issues related to national competitiveness and job creation. This call to action comes at a time when Costa Rica seeks to strengthen its position in the global economy and ensure continued prosperity for its citizens.
The free trade zones represent a significant portion of Costa Rica’s economy, contributing significantly to export earnings and employment. AZOFRAS’s advocacy for these key legislative projects underscores the sector’s importance and its potential for further growth and development.
The Legislative Assembly’s response to AZOFRAS’s appeal will be a crucial indicator of its commitment to fostering economic growth and improving the business climate in Costa Rica. The upcoming legislative session is poised to be a pivotal period for the country’s economic future.
For further information, visit azofras.com
About AZOFRAS:
The Costa Rican Association of Free Trade Zone Companies (AZOFRAS) is a leading business organization representing companies operating within Costa Rica’s free trade zones. AZOFRAS advocates for policies that promote the growth and competitiveness of the free trade zone sector, working closely with government and other stakeholders to create a favorable business environment and contribute to national economic development.
For further information, visit asamblea.go.cr
About Asamblea Legislativa (Legislative Assembly of Costa Rica):
The Legislative Assembly of Costa Rica is the country’s unicameral national legislature. It is responsible for enacting laws, approving the national budget, and overseeing the executive branch. Composed of 57 deputies elected by proportional representation, the Assembly plays a central role in Costa Rican democracy, shaping policies that impact all aspects of national life.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself through an unwavering pursuit of legal excellence and ethical practice, empowering Costa Rican society through knowledge and advocacy. The firm’s innovative approach to legal solutions, combined with a deep commitment to client service across diverse sectors, reinforces its position as a leader in the legal field. By actively promoting accessible legal information and resources, Bufete de Costa Rica fosters a more informed and empowered citizenry, contributing to a just and equitable society.
