LEGAL MATTERS

Corporations

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Company Incorporation
Company Incorporation
Dissolution or Liquidation of a Company
Dissolution or Liquidation of a Company  
Drafting of Minutes and Public Deed of Assembly Agreements
Drafting of Minutes and Public Deed of Assembly Agreements
Selected legal matter:
Vehicle
Estimated cost
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Legal stamps

¢81,313.66  

Professional fees

¢181,500.00

VAT

¢23,595.00

Total amount

¢286,408.66

*Costs calculated according to the Tariff of Notary and Lawyers Acts and current Costa Rican legislation.

Legal stamps

¢50,441.50  

Professional fees

¢90,750.00  

VAT

¢11,797.50  

Total amount

¢152,989.00

*Costs calculated according to the Tariff of Notary and Lawyers Acts and current Costa Rican legislation.

It varies depending on the legal matter. Send us your request and we will send you the estimated price.

Turnaround time
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One week through the Crear Empresa digital portal.

One week once the notary has all the documents.

Approximately two weeks since it must be registered in the National Registry.  

Documents and/or required information:
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  1. Who are the constituents of the society. At least two constituents of the company, their full names, identification numbers and qualities.
  2. Name of the company or if you want to be assigned a number.
  3. Social capital.
  4. Percentage of capital contributed by each partner.
  5. Appointments you wish to make.
  1. Current bylaws of the company to be dissolved or liquidated.
  2. Minutes of the meeting by which it is agreed to dissolve or liquidate.
  3. Legal books.

The documents and/or information required vary depending on the legal matter to be carried out. Contact us and we will give you a quote according to your needs.

FAQ
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Can a legal entity be a founding partner of a company?
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Yes, in that case the legal representative of the constituent company appears.

What is the difference between a S.A. corporation and a Limited Liability corporation?  
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In the corporation, the shares are transferable by endorsement, and it is managed by a board of directors composed of at least three members (president, secretary and treasurer). In addition, a prosecutor must be appointed. In the limited liability company the shares are not transferable by endorsement and the company is managed by one or more managers. In general, both companies have the same function.  

What is the Final Beneficiaries Declaration (RTBF)?
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The Transparency and Beneficial Ownership Registry (RTBF) declaration must be submitted annually in April by all companies registered in the National Registry. To make this declaration you need your digital signature and the information of the shareholders of your company. If you need help you can check the steps to follow in the page of the Ministry of Finance(link) or write to us and we will help you!

How can a company be dissolved? 
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In Costa Rica, companies are dissolved for the reasons established in the Commercial Code: i) the expiration of the term; ii) the impossibility of realizing the object pursued by the company; iii) the definitive loss of 50% of the capital stock; iv) partner's agreement.

What is the difference between dissolution and liquidation of a company?  
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The dissolution and liquidation of a company are the processes that are carried out for the extinction of a company. The dissolution is the process by which the company is extinguished from the legal life, a process that must be registered in the National Registry. The liquidation of a company is the process after the dissolution by which all the company's liabilities are paid and the remainder is distributed among the partners.  

Which records should be registered in the National Register?
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All resolutions of shareholders' meetings that modify the constituent agreement of a company, or that require some modification in the appointments, must be registered in the National Registry.

What is the procedure for making changes to the company's statutes?
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The shareholders agreements to make the relevant changes must be presented before a notary public who will pass notarize it and send it to the National Registry for its due registration.

Selected legal matter:
Vehicle
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