Costa Rica Incorporation
Background & General Outline
Costa Rica is located in the centre of the American Continent and lies just above Panama. It has a total population of approximately 3,300,000. The capital and financial centre is San Jose.
Costa Rica is one of the most discreet offshore centres in the world and enjoys economic and political stability making it a popular location.
Legal System
The legal system is based on the Spanish Civil Law.
Currency
The Costa Rican Colone (CRC), but The US Dollar is used freely.
Language
The official and spoken language is Spanish.
Disclosure of the Beneficial Owner
Although it is required to disclose details of the Beneficial Owner to the Government Authority, Blank Endorsed Shares are permitted, and allow for total privacy.
Taxation
The system of taxation in Costa Rica is territorial, meaning that any company activities that are carried on outside of Costa Rica, are NOT subject to any income taxes therein.
Double Tax Treaties
None.
Exchange Control
None.
Name Restrictions
Any name that has already been incorporated, or is so similar as to cause confusion. Any name which in the opinion of the Registrar is considered undesirable, obscene or offensive. Names such as royal or imperial and any name that suggests the patronage of the Costa Rican Government.
All company names must end in either S.A. (Sociedad Anonima) or S.R.L. (Sociedad de Responsabilidad Limitada)
Trading Restriction
A Costa Rican Company is not permitted to conduct or carry out Banking; Insurance; Mutual Fund Management; Public Investment Management; or any associated activity.
Summary & Features
Like Switzerland, Costa Rica has strict rules on nondisclosure of bank accounts.
Costa Rica’s corporate structure has similar rules, and allows any person to control a company without their name appearing in the public records, through the use of nominees and a power of attorney.
We can offer you your own Costa Rican Corporation. You may choose from a NEWLY FORMED Costa Rican Corporation which takes approximately 4-6 weeks to incorporate, or an OFF-THE-SHELF Costa Rican Corporation ready for delivery IMMEDIATELY. Both options are available without YOUR name ever appearing in the public record (Registro Publico). Although there is a legal president, and secretary (nominees), the actual ownership of the corporation is vested in who ever physically has the BLANK ENDORSED share certificates in his/her pocket or safe-deposit box.
A Costa Rican S.A. is free to engage in many types of business activities, both in Costa Rica and in other countries and it pays NO taxes in Costa Rica on what it earns outside of Costa Rica.
Local laws require that a yearly tax report must be filed and our office, will handle this for you. Should there be NO INCOME gained WITHIN COSTA RICA to report there will be NO TAX consequences. However, even without income it is still necessary to file the documents.
OUR Costa Rican Corporations Include:
- Resident Registered Agent
- Registered Office
- Nominee Directors
- ALL Original Documents
Costa Rica’s legislation has long created favorable tax conditions for offshore operations but the country’s popularity as such has only caught on over the last few years. Information given to local attorneys/notaries is protected by professional privilege and secrecy.
Incorporate Offshore Today!
We accept Bank Wire Transfers, Western Union Transfers, Moneygram Transfers, Cash, Checks, Money Orders, and Credit Cards for payment of our services.
Questions? Contact us .
We offer complete company formation services in the following jurisdictions:
Form a Company and Go Offshore today!
We accept Bank Wire Transfers, Western Union Transfers, Moneygram Transfers, Cash, Checks, Money Orders, and Credit Cards for payment of our services.
Questions? Contact us.
