|
It is a common practice that of purposes of avoiding the burden some bureaucracy involved in incorporation, Costa Rican law firms may provide a “shelf corporation” that is already incorporated and registered. A client that considers this option must make sure that the law firm of lawyer providing it can certify that such shelf corporation has never been involved directly or indirectly in any kind of business transaction.
Whether public or private and no contentious law suits or claims of any kind are pending of have ever been brought against it. The advantage of acquiring a shelf corporation is that this is fully operational upon the assignment of the shares and upon appointment of a new board of directors and statutory examiner. This process oscillates around fifteen days.
|