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setting up corporation

Setting Up a Corporation

Tags corporation

There are four types of business organizations that can be formed in Costa Rica:


FAQs

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. 

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. 

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Last updated: Oct 25, 2023


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