El Salvador SAS

The single-founder simplified Salvadoran company, and the cheapest legitimate way into the jurisdiction that took Bitcoin furthest. The SAS (Sociedad por Acciones Simplificada) gives a solo operator the same El Salvador positioning as the two-shareholder S.A. de C.V., a USD-denominated, REPUTABLE-tier jurisdiction that is clean on every EU and FATF list, has held Bitcoin as legal tender, runs a working DASP licensing regime, and hosts a real cluster of licensed Bitcoin businesses, without the two-shareholder requirement. We form it through our established El Salvador corridor: the notary, commercial-registry filing, accountant certification, and first-year corporate services are covered in the $1,499 all-in price, with formation in about 14 business days and the order settled in BTC or USDT via BitSettle.

Most appropriate for solo Bitcoin operators who want USD-denominated Latin-American positioning with explicit Bitcoin-permitted regulatory framing: single-founder consultancies, crypto-payment operators building regional settlement, and pre-revenue founders who want a credible jurisdiction wrapper before they raise capital or pursue a license. A DASP license is a separate, demanding process that we route as a referral through the same corridor, not bundled into the formation price, so form the company first and run the licensing track on top of it.

Less ideal for multi-founder ventures that need the two-shareholder S.A. de C.V. structure, though the SAS upgrades cleanly to a S.A. de C.V. if the team expands, and for operators whose counterparties require institutional-tier governance documents or EU corporate banking from day one (Cyprus or Estonia fit that better). As with the S.A. de C.V., the Bitcoin-legal-tender status is positioning, not tax strategy: after the 2025 reform Bitcoin is permitted but no longer mandatory, USD is the working currency, and US persons carry the usual CFC, Subpart F, and FBAR obligations regardless of domicile. Banking and the DASP regime are still maturing, so plan banking before you form and budget real time with apostilled documents.