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he Company is to be registered by the Commercial Registry in El Salvador, which is the responsible authority for registering companies in El Salvador.
Please find below the general considerations for the incorporation of a Limited Liability Company (Ltd. / S.A.) in El Salvador:
Service | Company Formation |
Type of company | LLC/ S.A. |
Corporate Tax | 0% for non-resident companies |
Director | At least two persons (natural or legal persons). |
Secretary | Required at least one local. |
Shareholders | At least two shareholders are mandatory, either persons or legal entities. |
Minimum Share Capital | Minimum funds required for the Initial Share Capital: USD $2,000.00 which must be delivered through a certified check, issued by a Bank duly authorized under Salvadoran Law. Law requires a “down payment” of only 5% of the aforementioned amount for the first year after incorporation, after which time the remaining 95% of the share capital is due. |
Registered address | Required, in El Salvador. |
Audited financial statements & Bookkeeping. | Required, by local Salvadoran Auditors. |
Registration Timeframe | Approx. 1-1.5 months. |
GFSC GLOBAL can offer additional services in relation to the Registration application, which include:
1) Opening bank accounts (worldwide).
2) Provision of nominee directors and shareholders, if needed.
3) Legal Opinions and registration of Trademarks worldwide.
4) Services of Virtual Office, Real Estate worldwide.
5) Immigration/ citizenship Services.
6) Any other services mentioned on our website, www.gfscglobal.com
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