On What a Free Trade Zone Is In Costa Rica; @GbtTechnologies

On What a Free Trade Zone Is In Costa Rica; @GbtTechnologies

The country of Costa Rica is one of the top destinations for BPO services. For the last 20 years or so, since the inception of Intel in this country a barrage of businesses, from medium-sized to mega-corporations have found a home in a location that provides the best conditions for a company to grow.

For example, this year only, IBM announced a $21 million investment to expand its Global Security Services Center in Heredia, at the America Free Zone, just to mention one of the big global players.

The Free Trade Zone Regime is the mainstay of Costa Rica‘s export and investment promotion strategy. It is a set of incentives and benefits granted by the Costa Rican government to companies making new investments in the country and it provides tax incentives.

GBT Technologies is an emergent BPO services company rapidly growing and cutting distance from big corporations.

The range of services offered and the human capital taking charge of operations ranks as one of the most capable and productive in Central America. The kind of companies that may apply to a Free Trade Zone System Regime are:

A.   Export Services and companies: To apply 50% from its services must be exported.
B.   Scientific research firms: Either companies or organization can apply.
C.   Focus on Strategic Sectors or Companies: They must apply to a location outside the Greater Metropolitan Area.
D.   40% of sales must go to Foreign Trade Zones (FTZ).

GBT Technologies has found it possible to grant its clients advantages that will guarantee ROI and time developing new business techniques. Able to handle more demanding tasks and opening opportunities to new approaches and successful strategies. Among those, one of the most appealing is the EBC building in San Rafael, Escazú.

Costa Rica´s tax incentives and benefits are standardized. They apply to any and all companies according to their operation, so there is no need for negotiation on a per case basis. Within the Greater Metropolitan Area, in the capital province of San José, the EBC building itself is a Free Trade Zone. As such, it has been granted permission to assure its clients Tax Excemption with a No-Expiration Period For All Sectors:

          Custom duties on imports/exports
          Withholding tax on royalties, fees, dividends
          Interest income
          Sales tax on local purchases of goods/service
          Stamp duty

Your company may be able to apply for an additional 8-year renewals periods if significant reinvestment is made.

Companies already tied to GBT Technologies, such as the emerging AVANT! Ai, an intelligent browser that recognizes the personal search patterns for every user, has already joined forces with GBT Technologies, placing all of its operations including control and managing the complete process of development of works, accounts receivable, treasury, banks, sales and accounting. 

GBT Technologies a leading company in the field of Business Process Outsourcing and Costa Rica is the place to be. If you are an emerging business in need of a partner that can organize daily operations as you target objectives, consider the country of Costa Rica and GBT Technologies as a solution and a strong option.

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