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

Costa Rica Company Formation

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

 
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Why Choose Worldwide Incorporation Services?
  • 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

Interested in Costa Rica Incorporation?


Worldwide Incorporation Services | Costa Rica Company / Costa Rica Corporation | Costa Rica Incorporation

 

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