Costa Rica offshore company incorporation, low profile offshore companies in Costa Rica
Costa Rica is one of the safest and most business friendly country in Latin America. Costa Rica has many advantages for offshore investments and offshore incorporation. In Costa Rica onshore and offshore businesses are treated in the same manner. Costa Rican taxation is territorial. Residents and non-residents are paying taxes on Costa Rican income, while foreign-source income is not taxed. Costa Rica is one of the most discreet offshore centers in the world and enjoys economic and political stability making it a popular tax haven. Its legal system is based on the Spanish Civil Law.
Main features and advantages of Costa Rican offshore companies
If Costa Rican offshore company’s activities are carried only outside of Costa Rica, then this offshore company will not be subject to any income taxes in Costa Rica. There is no reporting or accounting requirements for offshore company in this tax haven. A new tax of almost US$ 400 has been introduced in 2012 and all newly incorporated companies should pay it on incorporation.
The recently approved Central America Free Trade Agreement with the United States will enable any Costa Rican company to trade with the US markets tax free, which opens to any company one of the biggest markets in the world. Similar Agreements were signed with Canada, Mexico, Chile. The Agreements with China and EC are being discussed.
Names of Costa Rican offshore companies can be in Spanish, English or any other language, but the name must end with S.A. or SRL.
Like in most offshore and onshore jurisdictions, a Costa Rican company can not carry out banking, insurance, mutual fund management, public investment management or any associated activity without license for this activity. Costa Rica offshore corporations that execute online gambling or online casino activities work under a "data processing license".
Costa Rica is a member of the Hague Convention. This means that apostille can be obtained in Costa Rica.
Incorporation fees for offshore company in Costa Rica include the corporate package of documents in Spanish, services of registered agent and registered office for the first year of the offshore company existence and registering the company at the Revenue Office as an "inactive company".
We can offer a complete solution for international businessmen oriented to trade with the US and the rest of the world. This package includes a Costa Rican offshore company and a bank account with a bank in Costa Rica or any other location.