Costa Rica

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Type of Company Entity Available for iGaming Firms: 

S.A. (Sociedad Anonima) - equivalent of a Limited company or SRL (Sociedad de Responsabilidad Limitada) - equivalent of an LLC.

Corporation Tax Rate: 

In Costa Rica business tax legislation is currently based on the principle of territoriality meaning that all business income which has a foreign source is tax exempt. Only that porportion of business revenue earned wtihin Costa Rica is subject to an assessment by the tax authorities.

Additional Gaming Tax Rate: 

No additional taxes for such companies are applicable.

Minimum Share Capital for an iGaming Company: 

There is no minimum share capital requirement, however, at least 25% of the issued capital must be paid up on incorporation.

Security Requirements/Indemnity for Players Deposits: 
None.
Licence Fee: 

None.

Licence Duration: 

Not Applicable.

Do Local Banks Process Online Gaming Transactions: 

No.

Software Testing Requirements: 

No.

Reporting Requirements to the iGaming Regulators and/or Financial Regulator: 

No.

Anti-Money Laundering Policy for iGaming Firms: 

No special or additional rules apply to iGaming firms. Standard good business practices apply to all companies.

Restrictions on Jurisdictions from which you can take Wagers: 

No wagers may be taken within Costa Rica from Costa Ricans.

Contact Details of Government Department or Regulator: 

No specific gaming department or gaming regulator exists.

Address: 

Costa Rica Commerce
Industry and Economy Ministry
Edificio del IFAM
San Jose
Costa Rica 10216-1000
+506 235 2700

Website: 
www.meic.go.cr
Email: 
uie@meic.go.cr