The steps for a resident to form a business entity are straightforward and can be completed online at ePróspera, for a total cost of $920 for most businesses, which includes personal e-residency as well:
- Register as an e-resident ($130 annually)
- Complete Hazardous Activity Disclosure (No Fee)
- Complete Insurance Q&A to obtain mandatory liability insurance (No Fee, premiums start at $260 annually)
- Complete Background Check Consent Form (No Fee)
- Obtain Registered Agent Services from Próspera Employment Solutions ($250 annually)
- Complete Certificate of Organization ($150) or Foreign Entity Registration ($50)
- Complete Legal Entity Agreement of Coexistence ($130 annually)
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