Costa Rica LLC

In order to incorporate a Costa Rica LLC, our Clients will have to appoint

i) one director and

ii) two shareholders, whom all can be of any nationality.

The minimum paid-up share capital required to complete Costa Rica incorporation procedures is US$1. 25% of the amount set by our Clients will have to be paid-up on the company’s corporate bank account;

The Costa Rica LLC must have a registered office in Costa Rica and must maintain statutory and accounting records in Spanish at this address. If the company has no director ordinarily residing in Costa Rica, a registered agent must then also be appointed.

All companies in Costa Rica are subject to corporate tax, but only on their earnings which have been sourced from the country. Costa Rican companies must file their financial accounts with the Costa Rica General Directorate of Taxation. However, an audit is not usually required.

 

Features of a Costa Rica LLC

Costa Rica  LLC

Corporate Details

General

  • Type of Entity

LLC

  • Registered Office in Costa Rica

Yes

  • Shelf company availability

Yes

  • Our time to establish a new company

4 weeks

  • Corporate Taxation

Yes

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

US$1

  • Permitted currencies

EUR, USD, GBP, CYP

  • Minimum paid up

US$1

No

  • No-par-value shares allowed

No

Directors

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

Yes

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

Two

  • Publicly accessible records

Yes

  • Corporate shareholders allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

No

  • Local or qualified

No

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

Yes

 

Advantages of a Costa Rica LLC

  1. Investors can register a limited liability company in Costa Rica with a minimum of i) two shareholders and ii) one director of any nationality. The minimum paid-up capital required for establishment of the Costa Rican company is US$1. The incorporation procedures can be completed within 4 weeks and do not require our Client to travel;
  2. It is also convenient to establish a holding company in Costa Rica because:
  3. The earnings of a Costa Rica company are subject to tax only if they have been sourced from Costa Rica. Consequently, dividends and interest distributed by foreign subsidiaries are exempt from tax;
  4. Foreign entrepreneurs investing in Costa Rica face low political risk, thanks to the country’s history of democratic stability.
  5. Its institutions are notably ranked as the 3rd best in Central and South America after Uruguay and Chile by the World Economic Forum.

 

The Valsen Advantage

  1. Speedy, Efficient and consistent Services.
  2. Relentless effort to obtain bank accounts.
  3. Expert advice on structuring options.
  4. Dedicated ongoing compliance support.