Fees and timelines in 2022

Fees

payment by instalmentEl Salvador LLC setup costs in Year 1 will amount to US$5,000 and the average fee per engagement amounts to US$10,135 including i) El Salvador company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different El Salvador entity types Cost Draft invoice
Tax resident LLC US$10,135 View invoice PDF
PLC US$10,135 View invoice PDF
Branch of a foreign company US$10,135 View invoice PDF
Representative office US$10,135 View invoice PDF
Crypto trading LLC US$15,135 View invoice PDF

Timelines

The average El Salvador company registration period is 14 weeks as outlined below:

Service LLC PLC Branch Rep Office
Engagement planning 1 week 2 weeks 1 week 1 week
Company incorporation period 4 weeks 5 weeks 6 weeks 5 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 11 weeks 13 weeks 13 weeks 12 weeks


japan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in El Salvador, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
El Salvador central reserve bank El Salvador PROESA El Salvador ministry of foreign affairs El Salvador ministry of finance El Salvador ministry of economy