Company Formation Costa Rica
Other Jurisdictions
Costa Rica
Cost of registration
Number of Directors
Corporate tax rates
Payment of Charter Capital
Financial statements
€ 1,450
3
0%-30%
No
No
FEW WORDS ABOUT ALBANIAN COMPANY
BENEFITS
TAXES
ACCOUNTING
- Political stability
- Developed Infrastructure
- Company registration takes 2-3 days
- There is an opportunity to obtain citizenship
- Corporate tax is 0%-30%
- VAT - 13%
- Capital Gain Tax - 0%
- Inheritable property - 0%
- Companies, which acting according to legislation of free zone are free from taxes
- Annual returns filing - No
- Statutory audit - No
- Report requirements - No
REQUIREMENTS
TYPES OF COMPANIES
- The company shall have registered office
- The company shall have registration agent
- The minimum number of directors and shareholders is 3 person
- Limited company
- International Company
- Join-Stock Corporation
- Representative offices
- Branch Offices of Foreign Companies
- Public Limited Liability Company
- Collective Corporation
- General Partnership
Join-Stock Corporation the most popular for organizational form for foreign investor:
At least two natural persons or two legal entities may incorporate such organization, and after registration all shares may be transferred to a single shareholder, who will become the sole owner;
Further capital of the Company may be created in any currency and have to be more than 100 USD, 25 % of that capital should be paid once the Company is registered;
Capital represented as any type of shares with different price. All information contains only in internal register of the Company;
Board of directors consists from at least 3 members (not necessary residents), who acts as president, secretary and treasurer;
This meeting may be in any part of the world (if that was mentioned in articles of incorporation);
Feneral meetings may be conduct any number of times but other meetings should be conducted at least once per year;
Statutory auditor (not necessary resident) is controlling activities of Director’s Board and he must maintain records for shareholders;
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HOW TO REGISTER A COMPANY IN Costa Rica
Step 1. Check your company name in the Company Registry
Step 2. Enter your company details
Step 3. We prepares and files the necessary incorporation documents to the relevant authorities for approval
Step 4. Then we works with the client to open a corporate bank account in Costa Rica
Step 5. Wet deliver the certificate of incorporation personally to the client or via courier service
Step 6. Checkout – that’s it
MORE INFORMATION
CORPORATE INFORMATION
SHARES AND SHARE CAPITAL
Opportunity to purchase ready-made companies
Local registered office
Local registered agent
Yes
Yes
Yes
Standard currency
The minimum amount of the issued capital
Bearer shares
The usual size of the authorized capital
Terms of capital payment
Possibility to issue shares without par value
CRC
No
No
50,000
No
DIRECTOR AND SECRETARY
SHAREHOLDER AND BENEFICIARY
Minimum number of directors
The requirement for residency directors
Director of legal entities are allowed
The data reveals to the local agent
The requirement for the presence of the Secretary
Requirement to the residense of the Secretary
Requirements to qualification of the Secretary
Legal entity as the Secretary
3
No
No
No
Yes
No
No
No
Minimum number of shareholders
Data is entered in the public register
Shareholders residency requirement
Information about the beneficiary is disclosed
Information may be disclosed to the local agent
Shareholders-legal entities are acceptable
1
No
No
No
No
Yes
TAXATION
REPORTING
VAT
Basic corporate tax rate
Capital gains tax
Currency control
The tax on personal income
Stamp duty
13%
0-30%
No
No
Up to 25 %
No
The requirement for filing reports
Open access to reports
Statutory audit
The requirement for filing Annual Return
Open access to the Annual Return
The requirement for reports
Membership in the OECD
No
No
No
No
No
No
No
Corporate tax rates details 0 % – overseas income is not subject to tax. Updated February 2018: Lower rates apply to companies earning income below certain thresholds. Remittances by branch to head office taxed as dividends (15% withholding tax)
Withholding tax Dividents, or other benefits to physical persons – 15 %; duly registered shares – 5 %; dividedents paid to non domiciled residents – 15 %.
Other taxes There is no VAT in Costa Rica, only 13 % sales tax on certain goods and specific services. Yearly Tax on mercantile companies from 90,150 CRC (approx. 175 USD) to 180,300 CRC (approx. 350 USD).
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Why Customers Choose Us
Our lawyers have already registered hundreds of companies in different parts of the world, and they know all the subtleties and underlying potential problems when registering companies in the necessary jurisdiction. You will save your time and money by applying for us.
We offer an individual solution
We implement a personal plan in line with your objectives. We'll offer all our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company, etc
We provide full legal support
We'll provide the client with the best company incorporation services. Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration
We ensure a positive result
Strategically providing up to date personalized services to help your business succeed. We makes use of modern technological features to keep the records and details of every client safe