In the Kingdom of Bureaucracy

The long processes to start a company in Costa Rica do not seem so bad for Latin America, but they are unacceptable at the international level.

Tuesday, June 23, 2009

When a country wants to enter the global market as a means for progress and economic and social development, it should offer expedited pathways for investors and entrepreneurs to start a business or to facilitate introducing their products and services to the economy.

The Doing Business 2009 report from the World Bank reports that formally opening a business in Costa Rica takes at least 60 days.

An analysis on the topic by Mario Bermudez Vives on Elfinancierocr.com shows, for example, that in Costa Rica, “The authorization process to export requires six documents and an estimated 18 days. Nearly double that of Europe: 4.5 documents on average, and 10.7 days.”

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More on this topic

Bureaucracy: An Unsolvable Problem

August 2010

Since 1994, successive Costa Rican governments have said they will try to reduce bureaucracy but to date excess red tape remains a problem.

Laura Chinchila's new administration has also included bureaucracy among its list of priorities.

As an example, the current government gathered leaders from the Ministries for Trade (Comex), Health and Farming to discuss the optimization of trade agreements, which the La Prensa Libre editorial deems a good start. The paper says that the next step is to define specific actions to make procedural simplification a reality.

Procedures for Business Registration Streamlined

May 2012

The Ministry of Economy in Guatemala has presented "Ventanilla Ágil Plus" (Agile Counter Plus), which will reduce the time for registering a business.

From a press release from the Ministry of Economy of Guatemala (Mineco):

- 30 steps to register companies eliminated reducing the process from 47 to 17 days.

Costa Rica: Bureaucracy and Entrepreneurship

March 2013

Employers point to the thick web of paperwork that must be traversed in Costa Rica if you want to start a new business.

From a press release issued by the Costa Rican Union of Chambers and Associations in the Private Business Sector (UCCAEP):

Most entrepreneurs, according to the latest data from the Survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) indicate that in Costa Rica there are a number of constraints to the initiation of a new business in the country.

Less Paperwork to Open a Business in Costa Rica

October 2013

The 12 steps and 60 days that it took to start a business a year ago, have now been reduced to 9 steps that can be done within 24 days.

Nacion.com reports: "This improvement in opening a business is part of the actions undertaken by the Government to facilitate procedures and which has earned the country a jump of seven places in the ranks of the Doing Business 2014 report ...".

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