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.
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 $179)
- Mail forwarding
We list what's not included on every product page so there are no checkout surprises.
Timeline & terms
- Formation
- 14 business days
- KYC tier
- Tier 1
Operator-grade use case
El Salvador is the most operationally Bitcoin-saturated sovereign on the platform. CNAD has licensed 70+ Digital Asset Service Providers since 2023; Bitfinex (May 2026 spot + derivatives + securities), Bitget, and Binance all hold DASP licenses; Tether relocated its global HQ to San Salvador. The S.A. de C.V. is the classic two-shareholder Salvadoran company for operators building Latin-American settlement infrastructure.
Most common deployments: Bitcoin-business operating companies for non-US founders who want USD-denominated jurisdictional positioning with explicit BTC-permitted regulatory framing, holding companies pairing with a DASP license downstream for crypto-financial-services activity, and cross-border Latin-American settlement vehicles.
Less ideal for: solo founders who don't need the two-shareholder structure (use the SAS at $1,499), operators whose counterparties are EU-heavy and require EU corporate banking from the entity day one (use Cyprus or Estonia), or US-person operators (CFC/Subpart F rules apply). The regulatory framework is young; expect refinement over the next 24-36 months as CNAD continues to mature the DASP regime.
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