COSTA RICAN CORPORATION

COSTA RICAN CORPORATION

(fees quoted are exclusive of VAT)

 

REQUIREMENTS

  • Technically, the company name must be in Spanish, but names in foreign language may be inserted in the official translation and used legally.
  • The name must be followed by "Sociedad Anonima" or "S.A.".
  • A minimum of one shareholder is required.
  • The objects of the company must be stated.
  • Standard share capital is US$100.00 although the shares can be expressed in any currency.
  • No "non-par value" shares can be issued.
  • A minimum of three officers is required, President, Secretary and Treasurer.
  • Non Costa Rican officers are permitted.
  • The shareholders must appoint a Statutory Auditor.
  • A local Registered Agent is required.
  • All Costa Rican corporations, regardless of whether they do business in Costa Rica or not, must keep registered accountancy books and file an annual income tax return, unless specifically exempted from such filing obligation by the Tax Administration. This return would only indicate that the company had no local source income, in the case of companies which do all their business abroad.
Fee's
Incorporation (based on a share capital of US$100.00
To include local agent
£1,500.00
Thereafter annual fee's
Annual Meeting and Local Agent to include
Education and Culture tax
£500.00 per annum
Nominee services available
Per Director £200.00 per annum
Per Shareholder
£100.00 per annum
General Powers of Attorney can be arranged (duly notarised and legalised) Price on Application

 

PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007.