On 29 May 2019, Costa Rica published Law No. 9689 in the Official Gazette, which includes amendments to the country's Free Trade Zone (FTZ) Law in order to comply with BEPS Action 5. The amendments are in relation to service companies qualifying for the FTZ regime, and include the following:
- To be eligible for the FTZ regime, service companies are required to meet the requirements of a new Strategic Eligibility Index for Service Companies (IEES), which will be defined through regulation and…