Organizing an LLC in Costa Rica

The typical limited liability company (Sociedad de Responsabilidad Limitada or SRL) must be organized by at least one person before a Costa Rican Notary Public. After such organization, the membership units (called "Quotas" in Costa Rica) may be transferred and it is legally permissible to have an LLC in which one person is the owner of all membership units.
When you are buying real estate, it is advisable to do it in an LLC's name. In this manner, transfers are easier and the structure is more flexible for other transactions and for organizational matters.
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