Choosing the Right Corporate Structure for Your Business in Costa Rica
Starting a business in Costa Rica?
Your initial decision on the corporate structure lays the foundation for success. We suggest a thorough understanding of the distinctions between Sociedad Anónima (Corp) and Sociedad de Responsabilidad Limitada (LLC) to align your choice with the business's nature. Explore the nuances and make an informed choice.
When launching a business in Costa Rica, selecting the right corporate structure is pivotal. The Sociedad Anónima (Corp) and Sociedad de Responsabilidad Limitada (LLC) are two common legal entities.
Choosing between Sociedad Anónima (Corp) and Sociedad de Responsabilidad Limitada (LLC) involves considering various aspects crucial for your business's growth and success. Here's a detailed exploration of their differences and similarities:
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Lawgical’s Recommendation
We recommend selecting a legal structure based on the size of your business, the number of partners you have, and the complexity of your management needs.
If the company’s organization changes over time, you can always transform your company into a different corporate structure or create branches as needed.
We’re here to help you make your business vision into reality. Lawgical advises on the steps involved in drafting bylaws, incorporating with the Mercantile Section
at the National Registry, and obtaining a corporate identification number.