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.

Summary of Requirements for a Costa Rica S.A.

General Information
Type of CompanyPrivate Corporation S.A.
Timescale to incorporateApprox. 10 working days
Corporate TaxationNil
Double Tax Treaty Access:No.
Directors
Minimum No. Required3 required, President, Secretary & Treasurer. May be individual or Corporate
Local Director RequiredNo
Publicly accessible informationNo
Location of MeetingsAnywhere
Shareholders
Minimum No. Required2, 100% foreign shareholders allowed. May be the same as directors. Can be individual or corporate.
Publicly accessible informationNo
Location of MeetingsAnywhere
Company Secretary
RequiredYes
Local Secretary RequiredNo
Registered Office / Agent RequiredYes
Share Capital
Standard CurrencyCR Colones / USD
Standard Authorised10,000 CR Colones / Approx. USD 30.00
Minimum Paid Up CapitalAt least 25% of the issued share capital must be paid up upon incorporation.
Accounting & Compliance
Requirements to prepare AccountsYes
Requirement for AuditNo
Local Auditor RequiredN/A
Requirement to File AccountsNo
Requirement to file Annual ReturnNo
Accounting Year EndThe fiscal year runs from 1st October until the 30thSeptember however an application may be made to the authorities to adopt a different year end