Companies established in this country do not need the license for online gambling activity. The only obligation they undertake is a prohibition to accept bets from residents of Costa Rica.
It takes about 2 months to register a company in this country.
The company operation is not taxable, only the annual corporation tax shall be paid.
The Commercial Code of Costa Rica, existing since 1964, provides the forms for business registration. As a rule, foreign investors establish corporations (sociedad anónima) here, on which there is a number of requirements:
The legislation of Costa Rica does not place restrictive demands on the minimum amount of the charter capital. The only thing to remember is that at least a quarter of the charter capital shall be for by the time of company registration.
Costa Rican legislation stipulates requirements for organizations regarding the registration of their legal address in the country. Normally, that is done through renting. It’s not necessary to acquire real estate here. A rental contract shall serve as a confirming document.
A bank account may be opened in a foreign bank.
You can use the nominal services when starting a business in Costa Rica. In such a case, the company registration will take up to 30 working days. The counting is conducted from the time when the local registrar is provided with a package of necessary documents. A business registration procedure in Costa Rica costs €2,850. The linking with a European company is also necessary to open a merchant in the EU, for example in Scotland where you have to pay US$1,350 to register a company. The registration cost includes a company’s basic set of documents and legal address for a year.
One Nominee Director (for one calendar year) – €800.
Three directors under Costa Rican legislation (a President, a Treasurer, and a Secretary) with the issuance of an apostilled power of attorney – €2,400. Further annual assistance (from the second year) – €2,500.