Republic of El Salvador is a sovereign state in Central America. This is a unitary presidential republic. Local currency is the US dollar. Official language is Spanish. El Salvador is a member of the United Nations, Organisation of American States, Central American Parliament, and World Trade Organisation.
Even though the economy of El Salvador has seen improvement, its development is impeded by crime, corruption, and extreme poverty – more than 30% of population are below poverty line. Economy here is dependent on remittances and exports of coffee. About 60% of population are employed in the services sector. El Salvador is classified as “largely compliant” in tax cooperation matters, according to the OECD. El Salvador is not blacklisted as a non-cooperative jurisdiction by the European Union either.
Business activities in El Salvador are regulated by Civil Code and relevant laws.
Main types of businesses in El Salvador
- Sociedad Anónima – joint-stock company
- Sociedades en nombre colectivo o sociedades Colectivas – general partnership
- Sociedades en comandita simple o sociedades comanditarias simples – limited partnership
- Sociedades de Responsabilidad limitada – limited liability company
- Sociedades en Comandita por Acciones o sociedades comanditarias por acciones – partnership limited by shares
- Branches of foreign companies
What is a commercial register?
In our video we explain the definition and function of a commercial register and how you can verify the reliability and solvency of your foreign business partner.
Should you wish to check the sincerity of your foreign business partner’s request, Schmidt&Schmidt will gladly assist you.
We offer extracts from the commercial registers of more than 100 different registers in countries spread all around the globe. Additionally, we offer annual statements for a variety of companies. The original extract from any commercial register can be sent to you by mail or as a pdf-file via e-mail. Besides that, commercial register extracts can be authenticated with an apostille.
Registration of companies in El Salvador is a responsibility of the National Registry Centre. The Centre is managing the Commercial Register (Registro de Comercio).
Commercial Register of El Salvador was created in 1973, while the National Registry Centre was established in 1994. The headquarters of the Centre is in the capital city of San Salvador, with branches in Santa Anna and San Miguel. The Centre is also responsible for the national land registry, intellectual property register, and securities register. The Centre is an autonomous department of the Ministry of Finance.
Some services of the Centre are available online.
Contents of the register
Main extract available from the business register of El Salvador is a company profile. It comes in the Spanish language and contains information about a company, relevant at the moment of the request.
- Type of business
- Legal address
- Current status (active/inactive)
- Main activities
- Key management
- Registered capital
- Corporate statistics
NB: Amount of information depends on the type of business. Information about some companies may be unavailable, or available for a fee.
Search in the register is not free of charge. Search results are sent to you within 7-14 days after request submission.
To get a required document, we will need the following information about a company:
- Full legal name
An extract from the business register of El Salvador can be used in order to:
- Obtain detailed information about potential business partners
- Negotiate foreign trade agreements
- Register legal entities with foreign participation
- File legal claims
El Salvador acceded to the The Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents on 14 September 1995.
Therefore, the documents issued in El Salvador are subject to a simplified apostilling procedure, thus the documents gain full legal value in Convention member states after notarised translation.
Apostilling usually takes about two weeks.
In addition, you can order notarised translation from Spanish.
We provide extracts from the register in strict compliance with the legislation of the Republic of El Salvador and the General Data Protection Regulation.
Inquiries are processed within one working day. Courier delivery of apostilled documents is paid separately by courier service tariffs.
You can order free preliminary availability check of required information on our website.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for an Electronic Extract||from 119,00 €||from 100,00 €|
|Price for an Extract with Apostille without international shipping||from 714,00 €||from 600,00 €|