Commercial Code, Law No. 3284, passed on September 19, 1964, and its subsequent amendments.

IBC Structure


All business companies in Costa Rica can have one or more person or corporate directors and they can be of any nationality. Without the needs of any statutory meetings to be held you can have them all or do business activities not being in the country at distance.


In Costa Rica they offer investors the benefit of a zero tax exception like all the offshore jurisdictions for foreigners around any commercial activity or commercial transactions made outside the country.


In Costa Rica is not necessary to register the names of the shareholders or the directors in the public records.


By law a Costa Rican BCI should keep accounting records that are able to explain all the transactions of the company and will be enable to show the position of the company with reasonable accuracy. The books and records will not be shown in the public records it should be kept at the registered office of the company.