Financial Law Costa Rica

Toward a Global Income Tax System: Implications for Individuals and Businesses in Costa Rica

by GLC Legal | Jun 16, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

Over the past few weeks, the possibility of implementing a global income tax system in Costa Rica has resurfaced in public discussion. The proposal has been mentioned by Executive Branch authorities as one of the alternatives to strengthen tax collection and ensure...

Law No. 10,889 and the Redefinition of Risk in the Financial System

by GLC Legal | May 5, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

The recent entry into force of Law No. 10,889, which amends the Law on the Promotion of Competition and Effective Consumer Protection, constitutes one of the most significant developments in the regulation of financial services in Costa Rica in recent years. A...