Procedure of Company Registration
There is no requirement to travel to Costa Rica in order to follow registration procedures for a company. The following process is followed in order to register:
- A Deed of Registration is drafted and executed before a Notary Public
- A Notice of Registration is published in the Official Gazette
- Once registered the corporation must request the approval of the legal accounting books before the Tax Authorities
- Once the books are authorized the shareholders registry book is updated accordingly and share certificates are issued
The above registration process takes around 2 weeks.
Have the Many Benefits of Offshore Banking Left the Industry Open to Abuse?
The overseas banking industry is a billion-dollar business. Its no surprise that during the last decade, criminals have discovered ways to circumvent and exploit the system, ultimately giving the offshore world a bad reputation. This article looks at the many benefits associated with overseas banking; and how this has left the industry open to abuse.