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Pricing for Costa Rican Corporations and Services
A Costa Rican corporation can serve many valuable purposes and to establish one is quite easy. It simply requires the professional services of a reputable Costa Rican attorney. With a corporation you can privately and securely hold Real Estate, Bank Accounts, Cell Phones, Vehicles and many other assets. It allows you, in a sense, to act as a Costa Rican with many of those inherent rights.
Our company uses lawyers that we have done business with for many years. They have established corporations for thousands of people. We also utilized these lawyers in other services valued by our clients.
The costs for a corporation and other services are outlined below. Choose the one which best suits your needs and contact us at your convenience – we’ll get the ball rolling.
Please Note: that as we are a property developer we do not offer any Tax advice as there are many companies that specialize in this area.
Please Note: that a corporation structure and these services can be preformed by any knowledgeable attorney and persons. However, it’s been our experience that for the service value we offer - knowledge, methods and time it takes to accomplish each service - We are priced competitively.
Corporations and Services
OPTION 1
(Known as a S.A or Sociedad Anónima)
Service Price: $500.00 USD
For: Property Ownership (and needed before property title transfer), Cell Phones, Vehicles, Bank Accounts Etc.
You do not have the opportunity to choose the name as these entities are similar to numbered companies in CANADA or the USA but do have names associated to them. E.g. ‘Butterflies of the South S.A.’. You do not need to be in Costa Rica to open one but at sometime your need to sign on behalf of the registry process. In other words, you need to be here within a year. You must have 2 people on as directors - yourself and maybe a spouse. The process takes 1 hour but the registry time is 2 weeks to establish you as the owner. If you’re opening a bank account on your next visit to Costa Rica, then it’s a good idea to open the corporation at least 2 weeks before your arrival.
OPTION 2
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Costa Rican Corporation
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Bank Account
Service Price: $995.00 USD
Our attorneys can assist you in opening a bank account within the national banks of Costa Rica or within the private banks, E.g. Scotia Bank or HSBC. A corporation tax statement needs to be made by the attorneys before any bank will open your account. A member of our lawyer’s staff will be present with you to assist in Spanish/English translations/polices. As with all bank within Costa Rica you can have check books and an international VISA/MC debit card when you open your account. All banking in Costa Rica can be done online.
In addition to our ‘service price’ a $500.00USD minimum deposit must be made to open the bank account. You need to be in Costa Rica at the time of opening the account and the time needed is 2-4 hours.
OPTION 3
Service Price: $1495.00USD
A Costa Rican driver’s license is a great form of ID in Costa Rica. The most beneficial is that while you’re in the country you are not required to carry your passport or even a copy of your passport. It’s also an accepted form of ID when using Credit Cards or doing Banking. You do require a valid driver’s license from your country of residence/citizenship and the process take 2-4 hours. With this ID everyone will think your Costa Rican.
Buying and using a cell phone in Costa Rica takes a bit of knowledge. Most countries today fall under the United States Homeland Security Policy and in order to qualify for a cell phone outside your country of residence your require a corporation. With a Costa Rica corporation you are entitled to own a cell phone. The procedure can be hard to understand particularly if you don’t speak any Spanish but it’s a relatively simple one with some knowledge. You are responsible for the purchase of your own phone (must be purchased in Costa Rica – a receipt is required). You need to be in Costa Rica for this and the process takes 4-8 hours.
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