San José, Costa Rica, September 7, 2010

FOREIGN INVESTMENT IN BUSSINESS DEVELOPMENT

Our objective is to provide our clients located in Costa Rica and abroad with integral specialized legal services.

In Costa Rica the process to establish a corporation, association, foundation, and other existent legal entities requires complying with multiple procedures before the competent authorities, as well as preparing legal documents that are indispensable for the correct operation and existence of same. In addition, commercial corporations, after having been properly established, should prepare and maintain accurate records of its management, operations, and structural changes during their existence, subject to periodical updates. For this reason, our services are focused on providing integral legal advice to establish your company, in accordance with your needs and business goals, preparing the pertaining documentation, performing the acts necessary before the respective authorities, and providing corporate-legal support to your company. Consequently, ARA LAW offers the following services:

•1.       Legal advice in foreign investment.

•2.       Creation of commercial corporations, including all the procedures to obtain permits before the Public Administration: CCSS, INS, Ministry of Health, SETENA, PROCOMER, Tax Authorities, Municipality, among others and accordingly

•3.       Real Estate: Full study of the legal and administrative status of the property of your interest, including its appraisal.

•4.       Opening of branches and subsidiaries, representation offices, and permanent locations;

•5.       Advice in all type of negotiations with the public and private sector, as well as preparation of the supporting documents of such negotiations, both before and on their results;

•6.       Mergers, dissolutions, acquisitions, restructuring, and granting of powers of attorney;

•7.       Accounting administrative management and payroll management services.