English
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(a) |
Answering client inquiries regarding company registration in Costa Rica; |
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(b) |
Reviewing the company structure; |
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(c) |
Conducting company name search and reserve a unique business name with the Registro Nacional; |
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(d) |
Drafting the standard company deed (Escritura pública) and relevant documents for registration purposes; |
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(e) |
Registering with the Spanish Commercial Registry; |
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(f) |
Applying for a Tax Identification Number; and |
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(g) |
Declaration of transparency at the Central Bank of Costa Rica. |
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(1) |
The fee quoted above is applicable for the Company with two members and one general manager. If the Company to be incorporated are having three or more shareholders or directors, an additional service fee will be charged. |
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(2) |
The fee quoted above does not cover courier fees, notarization services and translation services incurred in the process of applying for company registration. (If any). |
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No. |
Description of Service |
Fee (EUR) |
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1 |
Registered Office Address (Note 1) (It depends on the specific location and the services required.) |
From 1,000 |
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2 |
Bank Account Opening Services (Note 2) |
2,000 |
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3 |
VAT Registration (Note 3) |
1,000 |
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4 |
Translation Services |
TBC |
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5 |
Notarization services |
TBC |
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(1) |
Kaizen can assist in finding a suitable address to be used as the commercial registered office address in Costa Rica for the company. This address can also be used on business cards, letterheads, or any other official documents. Depending on the specific location and required services, the fee generally is starting from EUR1,000. |
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(2) |
Kaizen will assist in opening a commercial bank account with a bank in Costa Rica. Our services are limited to providing assistance, including preparation of certified incorporation documents as required by the bank, pre-screen of account application documents etc. Bank has the sole discretion to approve the application for opening an account. |
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(3) |
All businesses carrying out taxable activities in Costa Rica are required to register for VAT. This includes: (a) Local businesses selling goods or services; (b) Foreign companies with a physical presence or permanent establishment in Costa Rica;
(c) Foreign digital service providers supplying services to Costa Rican consumers, who must either register for VAT or ensure withholding via credit card or financial institutions.
There is no specific registration threshold, meaning registration is required regardless of turnover. The due date for filing of VAT returns in Costa Rica is typically the 15th of each month for the previous calendar month.
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(1) |
The company must have at least two members (either two individuals or one individual and a legal entity); |
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(2) |
The company must have at least one General Manager and no specific nationalities or restrictions; |
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(3) |
Must have a registered address in Costa Rica; |
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(4) |
There is no statutory minimum share capital requirement for a Costa Rica limited liability company. Shares are called quotas and there is no minimum required capital. However, the amount subscribed must be divisible by 100. |
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No. |
Procedure |
Working days (Estimated) |
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1 |
Client confirms engagement of Kaizen for the incorporation of a costa Rica company and provides the documents and information listed in Section 6. |
Client’s schedule |
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2 |
Kaizen issues an invoice and the client arrange payment of our service fees. |
Client’s schedule |
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3 |
Kaizen conducts a name search for the proposed S.R.L Company and reserve a unique business name with the Registro Nacional. |
3~5 |
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4 |
Kaizen prepares the company registration and related documents for client signature. |
3 |
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5 |
Client signs the company registration and arranges notarization, legalization and/or apostille in accordance with the laws of the place of execution. |
Client’s schedule |
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6 |
Client delivers the duly executed incorporation documents with notarization documents to Kaizen. |
5 |
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7 |
Kaizen submits the incorporation application to National Registry, Commercial Section in Costa Rica. |
5-10 |
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8 |
Obtain a legal registration number and pay the associated registration fees |
2 |
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9 |
Receive the Company Deed (escritura pública) and Registration entry numbers (citas de inscripción) |
5-10 |
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10 |
Registration with the Ministry of Finance for tax purposes. |
5-10 |
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11 |
Kaizen assists in setting up the submission of Corporate Bank Account opening application (if requires) |
Bank’s schedule |
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Total: |
5 - 6 weeks |
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(1) |
Please provide two to three English company names. The company name must end with " Sociedad de Responsabilidad Limitada " or its common abbreviation "S.R.L.";
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(2) |
A copy of each member's passport and a proof of address issued within the last 3 months (such as a utility bill, phone bill, or bank statement). If the shareholder is a legal entity, please provide the Certificate of Incorporation, the latest Annual Return (or document of a similar nature), the latest Register of Directors, Register of Members, and Register of Ultimate Beneficial Owners. Additionally, copies of the passport and proof of address for each shareholder or ultimate beneficial owner holding more than 25% of shares in that company are required;
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(3) |
A copy of each director's passport and a proof of address issued within the last 3 months (such as a utility bill, phone bill, or bank statement);
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(4) |
If the shareholder is a legal entity, a group structure chart certified and signed by a company director, showing the identity of the current ultimate beneficial owners;
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(5) |
Information on the Ultimate Beneficial Owner (UBO) of the company to be incorporated, along with a description of the proposed business activities; and
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(6) |
Filling the “KYC Questionnaires” and “Overseas Company Incorporation Order Form” provided by Kaizen. |
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Item |
Description of Service |
Fees (EUR, exclude tax) |
Remark |
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Basic Maintenance Costs (Fixed) |
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1 |
Annual Registered Company Secretary Services |
Annually |
1,000 |
Anniversary of the Date of Incorporation |
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2 |
Annual Registered Office Address Services |
Annually |
1,000 up |
It depends on the specific location. |
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3 |
UBO statement filings before the Central Bank |
Annually |
1,000 |
Anniversary of the Date of Incorporation |
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Accounting and Tax Related Fees (Variable) |
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4 |
Accounting and Bookkeeping |
Monthly |
600 up |
Depending on the volume of transactions. |
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5 |
Preparation and Submission of Annual Income tax declaration |
Annually |
2,000 |
On 1st January, every year |
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6 |
Legal declaration of transparency at Central Bank of Costa Rica |
Annually |
1,800 |
On 1st April, every year |
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7 |
Preparation and Submission of Corporate Tax Return |
Annually |
2,000 up |
Depending on the volume of transactions. |
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8 |
VAT Return Filing |
Monthly |
600 up |
The deadline for monthly VAT declarations is the 15th of each month. |
SERVICES