Request a callback
Tax Engineering

Offshore company in Costa Rica IBC

tell a friend

Set up offshore IBC company in Costa Rica, a jurisdiction with favorable tax regime for non-resident companies. Privacy, 0% tax rates and wide range of allowed activities attract investors and entrepreneurs from all over the world.

Reference: SRL66896CR

$2705

Offshore company formation in Costa Rica IBC

In Costa Rica, like in many other jurisdictions, offshore companies can be of two types: resident and non-resident

Resident offshore company in Costa Rica 

These companies are registered on the territory of the tax haven as residents. That means that they bear all the responsibilities and duties the local government imposes on its citizens. Resident offshore companies are allowed to carry out activities within the boarders of Costa Rica and hire locals. Also they are obliged to do auditing and pay taxes.  

Non-resident offshore company in Costa Rica  

Non-resident or IBC offshore company is the most common way of company formation in Costa Rica. Only a non-resident company can take advantage of favorable tax regime and zero percent tax obligations. In exchange to that a company promises neither to carry out commercial activity on the territory of the country nor to hire local staff or services. Also it guarantees not to collaborate with other local companies for business purposes. 

Limited Liability Company in Costa Rica  

The main aspect of LLC company set up in Costa Rica is the limited liability of its shareholders, which is limited to the amount of the contribution in the company, shares. These shared can be transferred easily from one company to another, even if they are incorporated in different countries. Board of directors is formed by the President, Secretary and Treasurer. In case there is only one member, the beneficiary owner, the resident agent doesn’t only register LLC but also takes responsibility of acting on behalf of the Secretary and Treasurer for the common interests of the company. 

Limited Liability Company formation is fast process, since it takes from 3 to 5 days only and quite economic comparing with other offshore jurisdictions. It is a perfect option for small and medium companies who carry out online commercial activities such as: sale of goods and services, consulting, marketing or any other business that involves data processing.    

Set up offshore company in Costa Rica: Advantages  

  • Non-resident companies are not subject to tax, which means 0% tax rates. 
  • In Costa Rica the commercial registry is private, which guarantees anonymity of shareholder’s identity. 
  • Stable political and financial situation that affects favorably on the development of offshore sector.
  • Low share capital requirements, 1 USD, which can be registered in any currency: Euros, American Dollars, Sterling Pounds, and Yen. 
  • Offshore companies registered in Costa Rica can take advantage of double taxation agreements that the government of this jurisdiction has signed with many other countries.  
  • Fast incorporation together with low incorporation and maintenance costs.

Offshore Company in Costa Rica: Characteristics

General information
Type of Company
LLC
Type of Law
Common
Shelf company availability
Yes
Time it takes to set up a new company
10 days
Government fees (excluding taxation)
US$100
Corporate Taxation
Nil
Double Taxation Treaty
No
Share capital or equivalent

Standard currency
Colon
Allowed currencies
Any
Minimum paid up capital
No minimum required
Usual authorized capital
10.000 Colons
Directors

Minimum number
One
Local required
No
Corporate Directors Permitted
Yes
Publicly accessible registry records
No
Location of meetings
Anywhere
Shareholders

Minimum number
One
Shares
Bearer and Registered shares
Publicly accessible registry records
No
Location of meetings
Anywhere
Company secretary

Required secretary
Optional
Local or qualified secretary
No
Accounting and audits of the company

Requirements to prepare
Yes, but not obligatory to present it
Audit requirements
No
Requirements to file accounts
No
Publicly accessible accounts
No
Other

Requirement to file annual return
No
Change in domicile permitted
Yes


* Register offshore company in Costa Rica and open a bank account in the name of the company without physical presence. All arrangements will be made through e-mail and / or certified mail.

  •  
    in Costa Rica
  •  
    notarized and apostilled in English
  •  
    in EUR, US $ or GBP on behalf of the company with online banking included
  •  
    in the name of the company
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    995 euros
  •  
    by UPS or DHL to any part of the world
  •  
    Certified by a notary or notary public
  •  
    Certified by a notary or notary public
  •  
    Electricity, water, gas, telephone or bank statement
  •  
    In English
  •  
    Business letter of recommendation from a lawyer, accountant or tax advisor.

Make a question or comment

Also you might be interested

Recent posts

¿Qué es la Ley Beckham? y ¿cómo solicitarla?

¿Qué es una sociedad instrumental para reducir los impuestos?

You also can have a bank account in Andorra

Why and how to invest in gold

What are the most famous tax havens?

How to transfer money to offshore?

Transfer prices: What are they? How do they work?

What are Holding Companies?

FINANCIAL SERVICES

Offshore Company

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations