Setting Up a Corporation
There are four types of business organizations that can be formed in Costa Rica:
FAQs
What are the different corporation types?
The Costa Rican Code of Commerce details five different types of corporation, although only two – the Sociedad Anonima (S.A.) and the Sociedad de Responsabilidad Limitada (Limited Liability Company or LLC) – are commonly used. Corporations and LLC’s are easy to manage, especially with respect to decision-making issues and powers of representation.
How easy is it to open a Costa Rican corporation?
Setting up a corporation is a simple process with your lawyer, and usually takes a few months and between $300-$1,000. Alternatively, you may purchase a “shelf corporation,” which is a pre-formed and registered company that is ready to go. If purchasing a shelf company, make sure your lawyer settles any restructuring issues, and verifies that the company holds no preexisting liabilities.
Last updated: Oct 25, 2023
