Mrs Carolina Flores > Arias > San Jose, Costa Rica > Lawyer Profile

Costa Rica

Work Department

  • Banking, Finance and Insurance
  • Corporate and Commercial law
  • Mergers and Acquisitions
  • Tax and Fiscal Planning


Co-Managing Partner


  • Carolina leads the Tax Department at Arias since 2001. Carolina has more than twenty-two years of experience advising on complex tax matters. One of her many strengths is successfully assisting foreign clients in establishing effective tax structures that minimize risk and meet Corporate Tax compliance requirements for their operations in Costa Rica. This has differentiated Arias from other local firms that provide more aggressive tax advice. She also assists multinational clients headquartered in Costa Rica to coordinate their tax efforts across Central America and the Caribbean. Her regional leadership has also differentiated Arias from local firms which focus on in-country tax matters.
  • Carolina has a strong track record in local and regional tax advice for both local and international companies, tax planning, due diligence projects, tax compliance services and transfer pricing services, providing clients accurate assistance on local tax obligations.
  • She is very active in the firm, introducing new products providing clients with integral advise and support, and integrating tax services with other practice areas including customs, corporate services and finance. In 2016, Carolina elaborated the Costa Rican Chapter on Transfer Pricing Regulations for the IBFD, a canter of expertise that offers information and education on international taxation.


  • Spanish
  • English
  • German


  • Member of World Compliance Association
  • Member of the International Bar Association (IBA)


  •  LL.M. in International Taxation from New York University, in New York. Fulbright Scholar.
  • Juris Doctor -equivalent law degree- from Law School, Universidad of Costa Rica. 
  • She is authorized as a practicing Attorney and Notary Public in Costa Rica.

Lawyer Rankings

Costa Rica > Tax

(Leading individuals)

Carolina FloresArias

Costa Rica > Corporate and M&A

Singled out by clients for its ‘extensive knowledge of the subject‘, the corporate team at Arias continues to advise local, regional and international companies engaged in high-value M&A transactions, including multi-jurisdictional matters. The group is led by acquisition specialist Vicente Lines, due diligence expert Andrey Dorado, corporate tax authority Carolina Flores, and notary law head Melania Dittel. The team’s client portfolio, which features high-profile entities such as Telefonica and GSK, covers a broad range of sectors, from telecoms and education to the transportation, logistics and automotive industries. The regional firm offers clients a wide spectrum of additional services, including advising on regulatory issues, arranging antitrust assessments, providing key support in labour matters, and conducting tax investigations. The team is backed by new partner Diego Gallegos and senior associate Tracy Valera.