More than a few times we have been asked question related to the social security charges that a company operating in Costa Rica must pay. There are minimal or basic charges that can be resumed as: social security and insurance for work hazards.
Here I have a small list of the social security charges that an employer must cover:
Reduction for Sickness and Maternity 9.25%Invalidity,
Old Age and Death 4.75%
FOP, Obligatory Pension Fund 0.25%
INA 1.5%
Work Training Fund 3%
Complementary Pension Fund 0.5%
INS 1%
People’s Bank 0.5%
Family Assistance 5%
IMAS 0.5%
For a percentage total of 26% of the accrued salary.
Every employer in Costa Rica must be registered as such in the CCSS and present itself and pay monthly. It also must report every change of status of the worker whether it be incapacity, termination, etc.