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Melendez and Bonilla are the international experts on creating, maintaining, and assisting in the operations of Costa Rica corporations. We have created this site to assist in educating persons interested in creating Costa Rica operations and forming businesses here. After reviewing the information on our site please contact us with any questions or requests for service. We look forward to working with you for all of your corporation needs.
What is a Costa Rica Corporation?
Across all geographical boundaries, the objective of any business is to enhance the shareholders value by making profits. Increasing sales through marketing efforts or cutting costs through efficient processes has been the time tested mantra for long.
While enhanced marketing efforts are required for long time sustenance in the industry, cost cutting has more to do with incrementing profits through efficient work methodologies. Taxation being is a major part of the cost and reflects negatively on bottom lines, every country has its own forms of taxation for businesses. An average economy taxes businesses by approximately 30% of its earnings. So, taxation erodes more than 40% of the net profit shown on the final balance sheet.
Catch 22..!
Is there a way to go around the taxation or minimize it and show more profits on the balance sheet at the same time. Catch 22, isn't it?
Well, what if your company was incorporated in a country that does not tax or minimally taxes businesses?
What are the benefits that you can accrue from showing more profit on the balance sheet?
The Myths
You may be thinking that incorporating business in such a country would leave you without control, or since you are not a resident of the country, you may not be able to do so. These are just myths.
Costa Rica is one such country that that is reputed to be the safest and most business friendly of countries in Latin America for new businesses and off-shore investments. In fact, over the past few decades, Costa Rica has deliberately adopted a set of policies to attract foreign business investments. The country’s burgeoning technology, tourism, and manufacturing sectors all testify to the success of this philosophy. This policy of business accommodation, coupled with Costa Rica’s stable long-standing democracy and system of low taxation, establishes this as an ideal country for foreign investment.
In fact, you do not even need to reside in Costa Rica in order to establish and profit from owning a Costa Rican corporation. With the right legal guidance, you can enjoy strict privacy laws regarding banking and corporate operations, a system of low taxation and various tax exemptions for businesses, along with the absence of citizenship or residency requirements while building and growing your business in a protective profitable business environment.
How to own a Costa Rica Corporation?
Costa Rica Corporation law offices have been assisting Costa Rican and foreign businesses for years, in partnership with our accountants. We ensure to provide you with correct business and legal advice from start-up to complete management of your business through the years.
Please feel welcome to read on learning about the various ways we can help you to invest, protect, re-establish, or even purchasing your own Costa Rican business corporation. Please go through Why Costa Rica, before you make your decision.
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