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Best rules for starting a foreign subsidiary: Costa Rica and Peru. Worst: Venezuela and Ecuador. BY CHRONICLE STAFF Costa Rica has Latin America’s best regulations for opening a foreign business, while Venezuela has the worst, according to a Latin Business Chronicle analysis of the World Bank’s new report Investing Across Borders 2010.
”Countries in Eastern Europe andCentral Asia and Latin America and the Caribbean have fewer equity restrictions on [foreign direct investment] ownersh... READMORE
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 Mountain View, Calif. – June 3, 2010 – Avantica Technologies announced today the acquisition of Open Mountain, Inc. adding a proven technology leadership company to Avantica’s growing team of experienced software developers and enhancing Avantica's existing product delivery capabilities. Avantica will now offer the full range of product development services clients need to develop innovative software and execute product strategies. Avantica is a leading provider of nearshore outsourced pro... READMORE
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Costa Rican Technology firm will open offices in New York in Q1 Avantica Technologies, the leading provider of outsourced development of Custom Software products and Quality Assurance Services, with offices in San Jose, Perú and Silicon Valley, will open a new subsidiary in New York City. This decision responds to the current situation that has presented an ideal climate for the company's organic growth and will leverage from the economic recovery of this nation, after the recession experienced... READMORE
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They begin operations in January this year El Financiero, 12/01/2010 By Carolina Ruiz Vega Avantica Technologies will open a new subsidiary in New York in addition to their offices in San Jose, Peru and Silicon Valley. "Avantica has a broad customer base in the area of Silicon Valley, California, and having an office on site has allowed them to strengthen the relations with their customers and achieve a better understanding of their needs," said the Costa Rican software firm. In recent months, t... READMORE
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By NICHOLAS D. KRISTOF The New York Times January 6, 2010 SAN JOSÉ, Costa Rica Hmmm. You think it’s a coincidence? Costa Rica is one of the very few countries to have abolished its army, and it’s also arguably the happiest nation on earth. There are several ways of measuring happiness in countries, all inexact, but this pearl of Central America does stunningly well by whatever system is used. For example, the World Database of Happiness, compiled by a Dutch sociologist on the basis of answe... READMORE
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 Award to innovation : Mario Chaves, Avantica Technologies El Financiero, Issue 748 By Carolina Ruiz Vega Less than two years ago he placed a bet on a new niche: developing mobile applications. He played the cards hoping that in the near future all existing Web applications would have a mobile component. With projected growth in the number of users of smartphones and sales of these devices, it is clear that the bet was sensible. "We don’t intend to make an application and sell millions, but to ... READMORE
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"Somewhere, something incredible is waiting to be discovered." - Carl Sagan The Media is usually known for harshly criticizing the way public and private companies are managed, and in many cases their work is surrounded by negative connotations. Acknowledging its critical role in the shaping public opinion, El Financiero newspaper assumed the task of highlighting the work of those figures who have excelled positively in the business world. For the past fourteen years El Financiero (EF) has aw... READMORE
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El Financiero, July 7th 2009 By Carlos Cordero Pérez Costa Rican Software development company Avantica Technologies entered the world of applications for smart phones like the iPhone, BlackBerry and those that include Google´s Android Operative System. The development of these applications is done via the outsourcing model, where a U.S. or European company hires Avantica, provides specifications and the Costa Rican company is responsible for its design and programming. The applications for the... READMORE
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Funding a new firm in Costa Rica Northern Region for outsourcing and mobile applications development. El Financiero, issue 734 By Carlos Cordero Pérez Costa Rican firms Avantica Technologies located in San José, Costa Rica and Northek Software based in San Carlos, Costa Rica have funded a new firm Avantek starting operations on October 2009. Avantica Technologies will continue its normal operation meanwhile Northek will be absorbed in the new resulting company. The current management team at... READMORE
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