Mediation clause might be a lifesaver in contract

By: Garland M. Baker B.

Exclusive to A.M. Costa Rica

Editor's Note: While this article was accurate at the time of publication, some information may now be outdated. We are currently preparing a comprehensive update. Sign up for our Alerts to be notified as soon as the revised content is live!

People with legal problems in Costa Rica should try mediation to resolve their issues. Arbitration and the courts are expensive and slow. Most contracts today include arbitration clauses by default, and they are signed without giving much thought to the process. Expats should not get locked in without doing some homework.

Here are the important points to consider before signing a contract with a section on arbitration: 

Here's a secret trick to beat that yearly corporate tax

By: Garland M. Baker B.

Exclusive to A.M. Costa Rica

Editor's Note: While this article was accurate at the time of publication, some information may now be outdated. We are currently preparing a comprehensive update. Sign up for our Alerts to be notified as soon as the revised content is live!

Want to save some money? Expats using sociedad anónimas and S.R.L.s. to hold assets in Costa Rica can save tax dollars by converting them into a sociedad civil that pays no tax.  A sociedad civil means a “civil society” in English. Yes, this is a secret to beat Law 9024 and the annual corporate tax.