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El Salvador is an attractive and growing economy in Central America. It might be the smallest country in Central America geographically, but El Salvador has the fourth largest economy in the region. El Salvador’s steady growing economy and its unexplored and unexploited market create a very unique atmosphere for new businesses. In order to help you get a better insight on the steps in this process, our El Salvador business experts have created a company formation presentation for El Salvador.
1. How to Form a
Company in
El Salvador?
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2. Why
Incorporate a
Company
in El Salvador?
Strong agriculture
and manufacturing
sectors
Attractive
tax rates
Strategic
geographical
location
US Dollar is the
local currency
Great
trading platform
3. Types of Legal Entities
Limited Liability Company (Ltda.)
Corporation (S.A. de C.V.)
Branch Office (Sucursal)
The majority of companies that
are set up in El Salvador are
variable share corporations.
This presentation will outline
the process of forming a S.A. de
C.V.
4. Fact Sheet: S.A. de C.V.
Yes
Is foreign ownership allowed?
Yes
Can the company sponsor foreign employees?
Yes – Although limited
Are there capital controls?
5- 7 weeks once all
documentation is received
How long does it take? (including bank account)
Yes, USD$2000
Is there a minimum share capital?
2 Shareholders
What is the minimum number of shareholders?
Yes
Are a fiscal address and legal representation
required?
5. How to do it.
In order to successfully form your
company, you will have to follow the
steps outlined in this presentation.
There are 7 main steps involved in this
process.
6. Step 1
A POA is a legal document that enables
Biz Latin Hub to form the company on
your behalf.
Draft
and Sign a
Power of Attorney
7. Step 2
The company must obtain local tax
ID numbers for the shareholders
Obtain Local
Tax ID Numbers
for Shareholders
8. Step 3
The rest will be paid within a year
of the company’s operations.
Pay 5% of
the Company
Share Capital
9. Step 4
The company bylaws define
a company’s purpose and how it will
operate.
Create the
Company Bylaws
10. Step 5
Register with the federal and local
city hall tax authorities.
Obtain the
Company
Tax ID Number
11. Step 6
Before all required local, state and
national authorities.
Register
the Company
12. Step 7
You will have to open a corporate
bank account and deposit the
required capital to activate it.
Open
and Activate
a Corporate
Bank Account
13. Biz Latin Hub is a market leader in
helping individuals and companies to
successfully do business globally and has
multilingual services that are reliable,
tailored and responsive.
Our group is owned and managed by an
experienced team of local and expat
professionals, dedicated to assisting our
clients to navigate their way through the
complexities of the global business
environment.
We can help!
14. See how our services can
support your global expansion.
Legal Services
Commercial
Representation
Immigration
15. Are you ready to expand globally?
Contact us now.
contact@bizlatinhub.com
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