Costa Rica Company Formations

Costa Rica Company Incorporation

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.

Costa Rica Incorporation – (Srl) Sociedad de Responsabilidad Limitada

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.

Company Registration

  • We confirm the availability of your new company name and reserve it with the Registro Publico
  • Appoint the Directors
  • The Articles of Incorporation (certificacion Literal) are notarised by a Costa Rican notary public
  • Issue your notarised "certificado de personaría jurídica" which confirms the existence of your company and lists who has signature authority
  • Legalisation of the company books which takes place at time of incorporation
  • Payment of Government fees
  • Publication in Costa Rica’s legal newspaper,La Gaceta
  • Register the incorporation with the Registro Publico
  • Registration of the company tax number takes place at the same time of incorporation
  • Registered Office and Registered Agent service
  • Issue of Share Certificates
  • Receive from the Registro Publico your "cédula de persona jurídica" – similar to a company registration number, this will allow your company to start trading
  • All documents and certificates supplied

Requirements:

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.

Company Names

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.

Authorised and Issued Share Capital

There is no minimum share capital for a Costa Rican company, we incorporate with an authorised capital of CRC10,000 (£14).

Company Directors

Only one director is required to incorporate with no restriction placed upon nationality.

Shareholders

  • Shareholders may be of any nationality and may reside anywhere
  • Shares may not be transferred without the consent of the other shareholders, who have a right of first refusal to purchase them.

Articles of Incorporation

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 Books

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 License in 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.

Registered Agent

The Registered Agent (Agente Residente) must be a lawyer with a Costa Rican office address.

Registered Office

All Costa Rican Srl's must have a registered office. We can arrange one for you.

Taxation - Registration for company tax number

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.

Costa Rica Gambling - Data Processing License

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.

  • Registered Office confirmation
  • Employee risk insurance policy
  • Inspection from the Municipality
  • Ministry of Health Permit
  • Registration of employees with the Caja Costarricense del Seguro Social

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

Ready Made Companies

We have Costa Rican shelf companies available. Our ready made companies are in good standing, and have not engaged in any business activities.

Ask System Day
only required if you wish us to call you back
Costa Rica Fees to Incorporate
  • Company Formation - £1380
  • Registered Office fee - £480
  • Government fee - US$390 - (£310)
  • Company Secretary if required - £400
Costa Rica Annual Maintenance Fees
  • Registered Office fee - £480
  • Government Fee (US$390) - £310
  • Company Secretary if required - £400
  • Directors Register Maintenance - £120
Costa Rica Advantages
  • Time - 5 days to incorporate your Costa Rica Srl company
  • Directors - 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder required, and their names are not on public record
  • Share Capital - there is no minimum share capital requirement
  • Tax - companies are tax exempt on any profits generated outside of Costa Rica
  • Accounting - no requirement to file financial statements or retain an Auditor
  • Registration - Incorporation announcement will be published in La Gaceta legal newspaper
  • Books - Company Books are legalised with Registro Nacional de Repbublica de Costa Rica at time of incorporation

  • Travel - It is not necessary to travel to Costa Rica to incorporate
  • Support - using our 20 years experience we guide you throughout every step of the company formation process