Costa Rica LLC

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
Bearer shares allowed	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

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;
It is also convenient to establish a holding company in Costa Rica because:
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;
Foreign entrepreneurs investing in Costa Rica face low political risk, thanks to the country’s history of democratic stability.
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

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

Costa Rica Offering