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Full Legal service from
FACIO &
CAÑAS |
FACIO
& CAÑAS was founded in 1942 by a group of attorneys who
shared a deep commitment to high ethical standards and
quality professional services. Today, because of their
commitment, FACIO & CAÑAS is the largest and most
prestigious law firm in Costa Rica. Their attorneys
participate in a broad range of professional, civic and
corporate activities, allowing them to advise clients with
accurate understanding of world trends and advances and
their specific application in Costa Rica. Additionally,
their backgrounds,
experience, ethical principles and knowledge of the
country allow them to offer the best legal services
available, whether in specific matters or general
corporate counselling.
FACIO &
CAÑAS offers its clients a diverse and specialized
corporate practice at a reasonable cost-effective manner,
through greater efficiency created by the use of the most
advanced technology, careful budgeting and strict cost
controls.
See full legal service here.
|
Property Purchase Cost Breakdown |
|
Purchase
of Property in Costa Rica |
|
Forming a Corporation |
|
Expense |
Description |
Quantity |
Price US$ |
|
Costa Rica company incorporation |
We
strongly recommend our clients to purchase real
property through a Holding Company for tax
mitigation and property management purposes.
Incorporating a Stock Company before the Costa
Rican Mercantile Registry has the following
cost. |
1 |
600.00 |
|
Incorporation Expenses |
Registrations stamps and duties. Includes
issuing of shares, corporate identification
number and card, registration of corporate and
accounting books, publishing before the official
newspaper (La Gaceta). |
1 |
75.00 |
|
Total: |
|
675.00 |
|
Purchase Documents and other Agreements |
|
Closing of
Purchase
(Notary
Fees) |
Attorney fees represent 1,25% of the Real
Purchase Value. |
1 |
1.25% |
|
Transfer Tax |
Mandatory Transfer Tax per Law No. 6999
equivalent to 1,5% of purchase price. |
1 |
1.5% |
|
Registration Fees & Stamps |
Equivalent to approximately 0,85% of purchase
prices. Stamps and duties are collected by the
Costa Rica Real Property Registry. |
1 |
0.85% |
|
Full Legal
Services Package comprises the following services:-
-
Preparation of Purchase Documents and
other Agreements;
-
Forming a Corporation,
Registrations stamps and duties. Includes
issuing of shares, corporate identification number and
card, registration of corporate and accounting books,
publishing of notice in the official newspaper (La
Gaceta).
-
Closing of Purchase
Notary Fees.
Mandatory per Executive Decrees No.
20307-J y 22308-J.
Attorney fees.
Attorney fees represent 1,25% of the Real Purchase Value
Transfer Tax.
Mandatory Transfer Tax per Law No. 6999 equivalent to 1,
5% of declared purchase price.
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