El Salvador S.A. de C.V.
Sociedad Anónima de Capital Variable under the Salvadoran Commercial Code, filed through our Bitcitizen 21 CBI sister-brand relationship. USD-denominated; OECD-aligned; clean on EU + FATF lists. CNAD has licensed 70+ Digital Asset Service Providers since 2023, including Bitfinex (spot, derivatives, securities), Bitget, and Binance; Tether HQ is now in San Salvador. The classic two-shareholder Salvadoran company for operators building Latin-American settlement infrastructure. DASP license filing is sold separately as a referral product.
- Tier
- REPUTABLE
- Formation
- up to 14 business days
- KYC
- Tier 1
- Renewal
- $1499/yr
What is the El Salvador S.A. de C.V. and what does it cost?
Salvadoran SA. Same jurisdiction as a relocated stablecoin HQ. It is $2,999 all-in / ₿0.03767588 / 3,767,588 sats, paid in Bitcoin or USDT, and formation takes 14 business days.
- Tier
- REPUTABLE
- All-in price
- $2,999 all-in / ₿0.03767588 / 3,767,588 sats
- Year-2 renewal
- $1,499/yr
- KYC tier
- Tier 1
- Formation time
- 14 business days
- EU / FATF status
- off both EU lists, off the FATF lists
What's included
- Salvadoran commercial registry filing + government fees: we file and pay on your behalf
- Articles of Incorporation (S.A. de C.V. variant, two-shareholder statutory minimum)
- Bylaws and Shareholder Register
- Director and Statutory Auditor Resolutions
- Beneficial Owner Declaration
- Year 1 corporate services from our Bitcitizen 21 CBI sister-brand corridor (registered office, accounting setup, NIT tax-ID registration)
- Sanctions screen + Tier 1 KYC
What's NOT included
- Year-2+ commercial registry + accountant + corporate services renewal (~$1,499/yr)
- DASP (Digital Asset Service Provider) license application if you plan to operate as a regulated crypto firm: separate referral product through the same Bitcitizen 21 CBI corridor
- El Salvador bank account opening (separate post-formation flow; domestic banking access improved materially post-Tether HQ relocation)
- El Salvador residency or CBI passport (sold through Bitcitizen 21 CBI as a separate product line)
- Apostille (sold separately at $189)
- Mail forwarding
We list what's not included on every product page so there are no checkout surprises.
Operator-grade use case
The classic two-shareholder Salvadoran corporation, in the single sovereign that has gone furthest on Bitcoin policy. El Salvador was the first country to make Bitcoin legal tender, has issued Bitcoin-backed sovereign bonds, runs a working digital-asset service provider (DASP) licensing regime, and now hosts a dense cluster of licensed Bitcoin businesses, including major exchanges and a relocated stablecoin headquarters. El Salvador is REPUTABLE tier and clean on every EU and FATF list. We form the S.A. de C.V. (Sociedad Anonima de Capital Variable) through our established El Salvador corridor: the notary, commercial-registry filing, accountant certification, and first-year corporate services are covered in the $2,999 all-in price, with formation in about 14 business days and the order settled in BTC or USDT via BitSettle.
Most appropriate for Bitcoin-business operators who want USD-denominated Latin-American positioning with explicit Bitcoin-permitted regulatory framing, and who genuinely have two or more shareholders or want the classic corporate structure. The DASP license itself is a separate, demanding regulatory process: we can route that license filing as a referral through the same corridor so the company and the license track stay in one relationship, but it is a distinct product on top of the formation, not part of the $2,999 price. Form the company first, then run the licensing track.
Less ideal for solo founders, who do not need the two-shareholder requirement and should take the SAS at $1,499 instead, the most common mismatch on this jurisdiction. It is also the wrong tool when the Bitcoin-legal-tender headline is doing the choosing: after the 2025 reform Bitcoin is permitted but no longer mandatory, USD remains the working currency, and the status does not change your home-country tax, so US persons should note that CFC, Subpart F, and FBAR obligations are unaffected by domicile. Banking and the DASP regime are still maturing, so a domestic account is documentary and slower than a Tier-1 corridor, and counterparties who require EU corporate banking from day one are better served by Cyprus or Estonia.
What you'll need to hand us
- Email address
- Country of residence
- Intended use statement (free-text)
- Government-issued photo ID (passport or national ID)
- Proof of address (utility bill, bank statement, or government letter, dated within 90 days)
- Source-of-funds attestation (drop-down + free text)
- Optional: PEP and adverse-media screening consent
- Everything in Tier 1
- Beneficial owner declaration for every party with 25%+ ownership
- Source-of-wealth documentation (tax return, employment letter, salary, asset proof)
- Manual enhanced-due-diligence reviewer notes from our KYC partner