Offshore Company Formation in Costa Rica
Located in Central America with an area of 51,100 km2, from many points of view is a great destination for visitors both for the tourists and for business. It has a variety of animal species and plants characteristic of the tropics. It is bounded on the east and northeast by the Caribbean Sea, west and south by the Pacific Ocean, southeast with Panama and Nicaragua to the north. Costa Rica has an estimated population of 4,700,000 inhabitants and whose language is Spanish but languages such as English, French, German and Italian are also spoken quite fluently. The capital and financial centre is San Jose and is known worldwide as the Switzerland of the America because of its great political and financial stability.
• Government: It is a democratic republic political system and it is divided into 3 branches:
- Executive: The president, elected every 4 years.
- Legislative: It consists of 57 deputies responsible for laying down the law.
- Judiciary: Forms a Supreme Court.
• Taxation: Individuals and companies that are foreign and do not conduct business in the country are NOT taxable so we have an offshore jurisdiction in all its glory:
- You do not pay any taxes to the government of Costa Rica including stamp duty, the rate you will pay the company each year shall be from 595 Eur.
- Quick incorporation within 24-48 hours you could have your company registered.
- The accounts are not audited.
- The capital is any currency: Euros, U.S. dollars, pound sterling...etc.
- Easy administration and management of the company.
- No minimum capital is required.
- Freedom of Exchange.
- Banking legislation highly regulated and corporate secrecy, they are
100% anonymous companies.
- No double taxation agreements.
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