Doing Business in the United Kingdom VS Costa Rica – A Comparison
When weighing business expansion into the United Kingdom or Costa Rica, investors face two contrasting environments. The UK offers a structured legal framework, global trade access, and straightforward incorporation. Costa Rica presents opportunities through its pro-environmental policies, growing tech sector, and access to Central and South American markets.
While the United Kingdom is known for its ease of setup and investor protections, Costa Rica attracts entrepreneurs with its free trade zones, favorable location, and relatively low operating costs. This comparison helps clarify which market better aligns with your goals.
Costa Rica: Requires more documentation, and the process may take several weeks. Legal representation and local support are recommended.
Cost of Living and Business Operations
United Kingdom: Operational costs can be high in London, but company setup is more affordable in regional cities with competitive labor markets.
Costa Rica: Offers lower labor costs, affordable real estate, and government support in free trade zones, which helps reduce operational expenses.
Access to Markets
United Kingdom: An ideal base for international trade and finance, perfect for starting a business in the United Kingdom with access to Europe, North America, and Asia.
Costa Rica: Provides access to both North and South American markets with trade agreements in place, but logistics can be more limited.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
Factor
United Kingdom
Costa Rica
Business Environment
Stable, transparent, and globally trusted
Open to foreign investors, slower admin processes
Corporate Tax Rate
25%
10%–30% (0% in some free trade zones)
Capital Gains Tax
Yes, varies by asset and holding period
Yes, generally 15%
Ease of Incorporation
Fast, digital, and cost-efficient
Manual process, legal representation often needed
Business Costs
Higher in London, lower in regional cities
Low labor and rental costs
Market Access
Global access via trade and finance networks
Central America gateway, good US/EU access
Benefits of Choosing 3E Accounting
When it comes to starting a business in the United Kingdom, navigating the legal and administrative processes can be complex without the right support. That’s where 3E Accounting comes in. As a trusted partner for company incorporation, we provide tailored solutions for entrepreneurs and investors looking to establish a strong business presence. Whether you need help with company registration or expert guidance on setting up businesses in the UK, our experienced team ensures a smooth and efficient process.
The UK offers fast digital setup, global credibility, and investor protections. If you’re starting a business in the United Kingdom, you gain access to global markets with minimal bureaucracy.
Company registration in the UK is fully online and often completed in a day, while Costa Rica requires notarised documents and local legal assistance.
The UK has a flat 25% rate plus business finance support and tax reliefs. Costa Rica offers lower rates only in specific sectors and free trade zones.
Yes, Costa Rica has lower labor and office costs. But the UK offers structured support through company setup packages and better long-term scalability.
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.