El Salvador SAS
Sociedad por Acciones Simplificada: the single-founder simplified vehicle under Salvadoran law. Cheaper and faster than the S.A. de C.V. structure for solo Bitcoin operators who want the El Salvador jurisdictional positioning (USD legal tender, 70+ licensed DASPs, Tether HQ) without the two-shareholder requirement. Filed through our Bitcitizen 21 CBI sister-brand relationship.
What's included
- Salvadoran commercial registry filing + government fees: we file and pay on your behalf
- Articles of Incorporation (SAS single-founder simplified variant)
- Bylaws and Shareholder Register
- Sole Director Resolution
- 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 (~$899/yr)
- DASP license application (separate referral product through the Bitcitizen 21 CBI corridor)
- El Salvador bank account opening (separate post-formation flow)
- 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
The Sociedad por Acciones Simplificada is El Salvador's single-founder simplified vehicle. Right-sized for solo Bitcoin operators who want the El Salvador jurisdictional positioning (USD legal tender, 70+ licensed DASPs, Tether HQ) without the two-shareholder requirement of the S.A. de C.V. structure.
Most common deployments: solo Bukele-era founders who want USD-denominated jurisdictional positioning with explicit BTC-permitted regulatory framing, single-founder consultancies and crypto-payment operators building Latin-American settlement, and pre-revenue Bitcoin entrepreneurs who need a credible jurisdiction wrapper before raising capital or pursuing a DASP license.
Less ideal for: multi-founder ventures that need the two-shareholder S.A. de C.V. structure, operators whose counterparties require institutional-tier governance documents, or businesses pursuing EU-passporting use cases. The SAS upgrades cleanly to a S.A. de C.V. if the team expands.
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