Law 9518/2018 on incentives and promotion for electric transport, amended by Law 10209/2022

This law creates the regulatory framework to regulate the promotion of electric transport in the country and strengthen public policies to encourage its use within the public sector and in the general public.  This law regulates the public administrative organization linked to electric transport, institutional competences and their stimulus, through exemptions, incentives and public policies, in compliance with the commitments acquired in international conventions ratified by the country and Article 50 of the Constitution.Decree 41092-MINAE-H-MOPT regulates incentives for electric transport.Executive decree 42489-MINAE-H regulates the exemption of the tax on sales and the selective consumption tax on spare parts for electric vehicles and exemption from the selective consumption tax and 1% on the customs value for parts and recharging centers. Law 10209/2022 is the amendment to Costa Rica’s electric mobility legislation. It introduces phased tax exemptions and reductions for EV purchases and imports, including value-added tax (VAT) and vehicle property taxes. It also consists of non-fiscal incentives such as traffic-restriction exemptions and preferential parking.