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| Corporations in Costa Rica |
Whether you are interested in purchasing property, opening a bank account in Costa Rica or merely setting up a telephone line, the best and easiest way to do so is by purchasing a corporation. There are many other reasons why you might consider purchasing a Costa Rican corporation; probably the most important reason is that a corporation acts as a separate entity which protects your personal liability.
Our work begins by constituting corporations at the National Registry. We form what is called a "Shelf-Corporation," which is a corporation which waits on a shelf until someone purchases it. These corporations have no recorded history other than when they were constituted. This is done in advance with the sole purpose of providing them to our clients in order to save them time and money.
Every corporation has a Board of Directors that consists of a President, Secretary, Treasurer and Statutory Examiner. We start each corporation by granting both the President and the Secretary Full Power with no Limit of Sum. This allows them to act independently or together to sign in the name of the corporation.
Once you have purchased a shelf-corporation, we will proceed to make the respective changes in the Board of Directors, the legal representation of the corporation, issuance of stock certificates and any other required changes in the name of the corporation; that is to say, we will personalize your company. Our firm charges $600 USD per corporation. Once this has been completed, all that is needed is your signature on the corporate books and the transfer of stock certificates, and you have successfully bought a corporation in Costa Rica.
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