To incorporate a company in Costa Rica we submit the notarised documents to the Registro Publico; this will start the process of registering the company and obtaining the corporate identification number.
The Sociedad de Responsabilidad Limitada (Srl) is an alternative to the Sociedad Anónima (SA). SA's require three directors, President, Secretary, Treasurer and two shareholders.
Srl's are simpler to operate and only require one director and one shareholder.
In order to register a new company, the notary will publish the details in Costa Rica's legal newspaper, La Gaceta. The announcement of the company's formation must appear for a total of eight days.
A Costa Rican company name must be unique and approved by the registry prior to incorporation. We will check the availability of your proposed company name and reserve it with the Registro Publico. The company name may be in English, provided it is accompanied with the corresponding Spanish translation.
There is no minimum share capital for a Costa Rican company, we incorporate with an authorised capital of CRC10,000 (£14).
Only one director is required to incorporate with no restriction placed upon nationality.
The Articles of Incorporation are notarised by a Costa Rican notary public, submitted to the Registry who will issue an official entity registration card number (cédula jurídica) and assign registration entry numbers (citas de inscripción).
Company minute books are required for Costa Rican Srl's. The legalisation process of the Books takes place at the same time as incorporation. The Books are registered with the Registro Nacional de Republica de Costa Rica.
Municipal Code, Law N° 7794, Article 79.
Business activities in Costa Rica require a municipal license or permit which can by obtained via the Cantonal Authorities. There are 81 municipals, the forms and requisites to obtain a license will vary for each municipality.
The Registered Agent (Agente Residente) must be a lawyer with a Costa Rican office address.
All Costa Rican Srl's must have a registered office. We can arrange one for you.
The registration of the company tax number as corporate ID takes place simultaneously with the incorporation.
Srl's that do not carry out business activities in Costa Rica, are not subject to taxation.
To obtain a license the client is required to have a Cost Rica company, supply proof of the Registered Office, employee insurance, inspection from the Municipality, hold a Ministry of Health Permit and register employees with the Caja Costarricense del Seguro Social - all of which will all be handled by our agent and are ALL included in the disclosed fees and expenses.
Our agent is the main provider and more specialised provider of such services and has been since 1999. Please take into consideration that Data Process are really Business Licenses so without a physical space (provided by us for those specific services) such a permit will not be issued.
Cost of DPL renewal after the first year . The annual renewal is US$3500
Process, cost and time scale of obtaining a license
The client is required to provide the following in order to obtain the license.
The client grants us a Power of Attorney to us so that we can process the license.
legal fees: US$6750 (50% to begin, 50% with approval) and estimated duration:45 business days
We have Costa Rican shelf companies available. Our ready made companies are in good standing, and have not engaged in any business activities.
Books - Company Books are legalised with Registro Nacional de Repbublica de Costa Rica at time of incorporation