General Information |
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Type of Company | Private Corporation S.A. |
Timescale to incorporate | Approx. 10 working days |
Corporate Taxation | Nil |
Double Tax Treaty Access: | No. |
Directors |
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Minimum No. Required | 3 required, President, Secretary & Treasurer. May be individual or Corporate |
Local Director Required | No |
Publicly accessible information | No |
Location of Meetings | Anywhere |
Shareholders |
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Minimum No. Required | 2, 100% foreign shareholders allowed. May be the same as directors. Can be individual or corporate. |
Publicly accessible information | No |
Location of Meetings | Anywhere |
Company Secretary |
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Required | Yes |
Local Secretary Required | No |
Registered Office / Agent Required | Yes |
Share Capital |
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Standard Currency | CR Colones / USD |
Standard Authorised | 10,000 CR Colones / Approx. USD 30.00 |
Minimum Paid Up Capital | At least 25% of the issued share capital must be paid up upon incorporation. |
Accounting & Compliance |
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Requirements to prepare Accounts | Yes |
Requirement for Audit | No |
Local Auditor Required | N/A |
Requirement to File Accounts | No |
Requirement to file Annual Return | No |
Accounting Year End | The fiscal year runs from 1st October until the 30thSeptember however an application may be made to the authorities to adopt a different year end |
Additional Information |
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Bank Account Opening | Eltoma Corporate Services can open a bank account in Cyprus for a Costa Rica S.A. without presence. We can also offer bank accounts in a number of other jurisdictions, please contact us for information. |