Costa Rica Company Incorporation - Sociedad Anónima - S.A

Company Type	Time to Incorporate	Cost
SA	4 weeks	£2000

Sociedad Anónima - SA

An SA is the most popular form of business organisation in Costa Rica.

The company must have:

• A registered office address in Cost Rica. We supply this service if required
• A fiscal agent
• A resident agent
• Minimum of three directors entitled Secretary, Treasurer and President

Fiscal Agent

The fiscal agent is the company accountant whose duties are over see the board of directors and to report to the shareholders. The fiscal agent and his immediate relatives cannot be the directors.

Accountancy

Three sets of minute books and accountancy records must be maintained. One set is for the use of the directors, one is for the shareholders and the third must be kept in the registered office. The company must file a tax return irrespective of whether it is liable to pay tax on its income. Reporting requirements for a SA company are minimal.

Board of Directors

Appointed by the shareholder assembly, it has a President who represents legally the corporation before third parties and may or may not have a power of attorney over the corporation and its assets, the Secretary in charge of the corporation books and records, the Treasurer in charge of financial affairs.

Company Shareholders

A minimum of two shareholders are required. Shareholders’ liability is limited to their amount of subscription.

Shelf Companies

We can supply Costa Rican shelf companies which are immediately ready to trade should you require the company urgently. Please contact us for our company listings and fees.