Start a business in Costa Rica
Costa Rica Business Incorporation Process
GLC International
New Costa Rica Companies with Limited Liability
GLC provides professional assistance to Incorporate a new Costa Rica company and also offshore companies from other jurisdictions. Our Costa Rica Business Incorporation lawyers have great experience creating different kinds of Costa Rica Corporations We can assure our clients the best assistance according to the intended objective, for incorporating a Costa Rica corporation or offshore company. New Costa Rica Companies are highly recommended for local, international or global business. You can also buy a Costa Rica company or corporation through us.
To create a Costa Rica Corporation (Costa Rica Sociedad Anónima or S.A.), our team of Costa Rica Lawyers will need personal information of four people. These will be the members of the board of directors of the new Costa Rica company. If you want to create a Costa Rica S.R.L. company (Costa Rica Sociedad de Responsabilidad Limitada), we need the personal information of only one member to start the process. Please Contact Us so we can guide you in the right direction of which is the best Costa Rica Corporation for your needs.
We work with the aforementioned two types of Costa Rica limited liability, the Costa Rica Company known as S.A. and the Costa Rica Company known as S.R.L., both share the advantages of a Costa Rica LLC, with certain differences that will be analyzed by our team when you Contact Us.
Every Costa Rica Incorporation goes through a customized process, to guarantee that our clients receive the right Costa Rica legal structure needed, to start their business. We can also assist our clients in the start-up process of the Costa Rica company formation by obtaining Costa Rica business licenses, Costa Rica work permits in the different Institutions, and any other legal work, that must be done to have your Costa Rica corporation ready to start its activities.
Duration: 2-3 weeks
Costa Rica Shelf Companies
GLC International’s lawyers are experts on business incorporation and Costa Rica Shelf Companies also known as ready-made Costa Rica Companies. We provide professional assistance to purchase Costa Rica ready-made companies, also referred to as Costa Rica shelf corporations. Start your Incorporation process with GLC International.
We already mentioned the option of incorporating a Costa Rica Company which only takes 24–72 hours, however, if for some valid business reason, you consider that your business needs would be better taken care of with the acquisition of a more mature Costa Rican company who has been registered for some years, we can assist you in the process to transfer the ownership from our firm to you. GLC International became, since 1999, the first mover in Costa Rica shelf companies. Our firm keeps a permanent stock of ready-made Costa Rica shelf companies, so our global clients can benefit from a company that is not recently incorporated, with no liabilities and in good standing.
Costa Rica shelf companies are formed initially by members of our team, who become the founders of the shelf company and once the corporation is selected by our clients, our lawyers transfer the shares of the corporation to the new beneficiaries.
Costa Rica Shelf Companies Explained
If you are not familiar with the term shelf company, please take a minute to read the following basic explanation.
A shelf corporation or also known as an aged corporation is a term used to refer to an entity, normally of limited liability, that has been properly incorporated, in this case in Costa Rica. This corporation has had no activity, and it is created by a law firm or incorporation company, with the intention of selling it later on to an individual or economic group. Usually, this individual or economic group wants to avoid the procedures of incorporation, necessary to form a new Costa Rica Company. The shelf corporation allows them to avoid the process, and by purchasing an existing, non-active, Costa Rica Shelf Company, they can immediately conduct business transactions.
It is also common to purchase an aged Costa Rica corporation, which has “matured” on a shelf and that can be used to show a registration date of many years or months, as this can be beneficial for certain purposes. When you purchase a Costa Rica Shelf Company, it is necessary to verify that the company has not had any type of business activity, in order to avoid liabilities of prior beneficiaries.
As a reputable Costa Rica company, GLC does not believe in the “old benefits” of purchasing a Costa Rica Shelf Company. We do not believe in obscure negotiations or schemes.
If you prefer an existing company over a newly established one, please contact our team, and we will send you an updated list of the entities that we have available for you.
Why open a Costa Rica Offshore Corporation?
The answer is today very simple, globalization. Now that we are citizens of an interconnected global village, we can not stay isolated from business and regulatory opportunities available for international investors and entrepreneurs. That’s why GLC International can provide you with all the assistance in your Costa Rica Offshore Corporation Process.
PRIVACY + PROTECTION AGAINST LAWSUITS + REGULATORY ADVANTAGES
GLC incorporates new companies and shelf companies in the following jurisdictions:
Costa Rica
Background:
Costa Rica is currently and for years to come one of the preferred investment and tourist destinations in the world.
Located in Central America, between Nicaragua and Panama, Costa Rica has been an exception to stability in a region known for its conflicts of all sorts. Based on the most stable democracy in Latin America, the Costa Rican political, social, economical and thus legal environments offer a stable scenario in which it is ideal to launch a global business hub. GLC International serves as your legal advisor in the path to business incorporation and related legal transactions such as banking, investing, getting residency and many more.
Our Costa Rican companies have been used for gaming, outsourcing, software development, international marketing, crypto related services and for offshore business in general. Currently, the trend is for regional companies to install a subsidiary in Costa Rica in order to benefit from the nearshoring options available in all this region, if you add to that the talent of the Costa Rican labor force, our country becomes an ideal location for international business.
So if you are considering investing in real estate or decide to outsource your technological operations to Costa Rica, we will provide the first and most important advice you need, to form a Costa Rica Offshore Corporation.
It is very important to take into consideration the following article of the current Costa Rica Code of Commerce:
Article 8: The following will not be able to conduct commerce, even if they have legal capacity according to the common law:
“… foreigners will be able to conduct commerce in the national territory, if they have been established permanently in the country, with residency for not less than 10 years, subject to the legal system and to the jurisdiction of the court system of the Republic, except what is contained in the treaties or international agreements…”
Because of this article, it is required for foreign individuals and companies to incorporate in Costa Rica in order to be able to have access to all sorts of business opportunities available. When you incorporate in Costa Rica, you are forming a that has unlimited legal possibilities in Costa Rican territory and beyond.
Costa Rica Gaming Corporations
GLC International is an authority in Offshore Legal Gaming and Gaming Law in the Central American region.
With more years and practical experience than any other law firm in the region, GLC International serves an industry that has signified a considerable amount of development to our countries along with a considerable transfer of skills and technology that were later used by multinational companies that operate here.
Legal Online Gambling is one of our main areas of expertise, in that sense our attorneys are experts who have published Gaming Law articles in the most important Costa Rican newspapers and have guided several major international online gaming groups into forming the ideal corporate structures to operate globally as their legal counsel.
Costa Rica evolved into the “Online Gaming Mecca of the America’s”, based on a stable legal and business environment, an educated bilingual workforce and Class A infrastructure. Costa Rica Gaming companies operate from modern office compounds and function adjusted to Costa Rican law. Costa Rica data processing licenses, or Costa Rica call centers licenses, are issued to Costa Rican gaming corporations that install their physical operations in Costa Rica.
In the year 2003, as part of a fiscal act, Costa Rican legislators offered a specific Costa Rican gambling license, for Costa Rican gaming companies that operated in our jurisdiction and that were willing to pay a tax to obtain this “license”.
Such “authorization” did not offer any real benefits and was shortly discontinued. For many years Costa Rican companies continued to be used for gaming purposes without the existence of a proper Gaming Authority which is quite realistic as the Costa Rican government has not pretended to police the Internet overextending its territorial authority beyond its frontiers entering the delicate cyberspace where virtual transactions are perfected.
Today thousands of Costa Rican companies are used for gaming purposes, some of them use a data processing license as a gaming license equivalent and others don’t.
Since then, the companies operate with a normal business license, or data processing license. Having said that, Costa Rican Law does not specifically regulate online gaming operations, hence many online operations use Costa Rican Gaming Corporations to conduct gambling online business with no presence in Costa Rica.
If you want to become our client and understand the legalities behind current Costa Rican Gaming Law, please contact us and find out the options that we offer to become our client.
Once a client/attorney relationship is created, GLC International will assess the best solution for your specific situation, in order to create a customized legal structure.
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