Costa Rica Company Formation
Worldwide Incorporation Services specializes in Costa Rica company formation and opening bank accounts.
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Jurisdictions >> Corporate Services in Costa Rica >> Costa Rica Company >> Costa Rica Incorporation
Costa Rica Offshore Company. Costa Rica Company Formation. Corporate Services in Costa Rica
Worldwide Incorporation Services specializes in corporate services in Costa Rica – Costa Rica Company Formation and opening bank accounts.
Costa Rica – General Information
Location: Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Nicaragua and Panama.
Area: total: 51,100 sq km, land: 51,060 sq km, water: 40 sq km; note: includes Isla del Coco.
Natural resources: Hydropower.
Population: 4,930,258 (July 2017 est.).
Capital: San Jose.
Time Zone: UTC-6.
Languages: Spanish (official), English.
Government type: Presidential republic.
Legal system: Civil law system based on Spanish civil code; judicial review of legislative acts in the Supreme Court.
International organization participation: BCIE, CACM, CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA (observer), MIGA, NAM (observer), OAS, OIF (observer), OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO.
Economy: Exports of bananas, coffee, sugar, and beef are the backbone of its commodity exports. Various industrial and processed agricultural products have broadened exports in recent years, as have high value-added goods, including medical devices. Costa Rica’s impressive biodiversity also makes it a key destination for ecotourism.
Foreign investors remain attracted by the country’s political stability and relatively high education levels, as well as the incentives offered in the free-trade zones; Costa Rica has attracted one of the highest levels of foreign direct investment per capita in Latin America. The US-Central American-Dominican Republic Free Trade Agreement (CAFTA-DR), which became effective for Costa Rica in 2009, helped increase foreign direct investment in key sectors of the economy, including insurance and telecommunication. However, poor infrastructure, high energy costs, a complex bureaucracy, weak investor protection, and uncertainty of contract enforcement impede greater investment.
Currency: Costa Rican colones (CRC).
Costa Rica Offshore Company – Overview
Principal Corporate Legislation
The Commercial Code, Law No. 3284.
Type of Law
Civil.
Language of Legislation and Corporate Documents
Spanish.
Type of Company for International Trade, Investment & Tax Planning
Costa Rica Stock Corporation.
Costa Rica Company – Key Facts
Share Capital
Standard authorised share capital is CRC10,000 divided in to 100 shares of CRC100 each. Minimum paid up share capital is CRC2,500.
Classes of Share Available
Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Each Costa Rica Company must have a Registered Office in Costa Rica, provided by a licenced corporate services provider.
Directors
A Costa Rica Company requires a minimum of three director. Director can be of any nationality and need not be resident in Costa Rica. Corporate directors are permitted.
Shareholders
A Costa Rica Company requires a minimum of two shareholder.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
USA.
Requirements to File Accounts
None.
Requirement to File Annual Return
Yes.
Audit Requirements
None.
Currency
Costa Rican Colón (CRC).
Exchange Control
None.
Language of Name
Latin alphabet. The Registrar requires a Spanish translation.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of a Company
The words “Sociedad Anonima” or “S.A.” must be part of the name of every Costa Rica Corporation.
Time to Incorporate
Two weeks.
Cost of Formation of a Costa Rica Corporation
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with Costa Rica Companies Registry to guarantee our service
Formation of a Costa Rica Corporation – Office Addresses
Corporate Services in Costa Rica related Formation of a Costa Rica Company / Costa Rica Offshore Company
Worldwide Incorporation Services provides the following corporate services in Costa Rica related formation of a Costa Rica Company or Costa Rica Offshore Company:
- Costa Rica Company Formation
- Costa Rica Offshore Company Formation
- Registered Office and Agent Services in Costa Rica
- Company Secretarial Services
- Nominee Shareholder / Nominee Director
- Opening of Bank Accounts
- Full Company Administration Services
- Mailing Address in Costa Rica
- Virtual Office in Costa Rica
- Trademark Registration
- Yacht Registration
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