1. Introduction
Faro Ventures LLC and its affiliates ("Company," "Faro Ventures," "we," "us," or "our") is committed to protecting your privacy and maintaining the security of your personal information. This Privacy Policy describes how we collect, use, store, and protect information when you visit our website at faroventures.co (the "Website") or use our services.
Faro Ventures LLC is a Wyoming limited liability company organized under the laws of the State of Wyoming, United States. Our operational services infrastructure is located primarily in the Republic of Costa Rica, where data processing activities related to service delivery follow professional confidentiality standards and Costa Rican data protection laws.
By accessing or using our Website or services, you agree to this Privacy Policy. If you do not agree, please discontinue use of our services immediately.
2. Information We Collect
We collect information in the following ways:
2.1 Information You Provide Directly
- Contact Information: Name, email address, phone number, company name, and mailing address when you fill out forms or contact us
- Professional Information: Business details, service inquiries, and any information you provide in communications with us
- Financial Information: Payment details necessary for processing transactions (processed securely through third-party payment processors)
- Documentation: Identity verification documents, corporate documents, and other materials you provide in connection with our services
2.2 Information Collected Automatically
- Usage Data: IP address, browser type, device information, pages visited, time spent on pages, and referring URLs
- Cookies and Tracking Technologies: We use cookies and similar technologies to enhance user experience and analyze website traffic (see Section 8 for details)
3. How We Use Your Information
We use the information we collect for the following purposes:
- Service Delivery: To provide Entity Incorporation, Corporate Guardianship, Entity Tax Compliance, Financial Control, Banking & Treasury, and Payroll Management services
- Communication: To respond to inquiries, send updates about services, and provide customer support
- Legal Compliance: To comply with applicable laws and regulations in the United States and Costa Rica, including tax, corporate, and financial reporting requirements
- Business Operations: To improve our services, conduct analytics, and enhance user experience
- Security: To detect, prevent, and address fraud, security issues, or technical problems
- Marketing: To send promotional materials about our services (you may opt out at any time)
5. Data Security
We implement industry-standard security measures to protect your personal information from unauthorized access, alteration, disclosure, or destruction. These measures include:
- Encryption of data in transit and at rest using SSL/TLS protocols
- Secure server infrastructure with regular security audits
- Access controls limiting information access to authorized personnel only
- Regular employee training on data protection and security practices
- Multi-factor authentication for administrative access
However, no method of transmission over the internet or electronic storage is 100% secure. While we strive to protect your personal information, we cannot guarantee absolute security.
6. Data Retention
We retain your personal information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required or permitted by law.
Retention periods vary depending on the type of information and applicable legal requirements, including:
- Service Records: Retained for the duration of the service relationship plus 7 years for tax and legal compliance
- Financial Records: Retained for 10 years as required by Costa Rican tax law
- Corporate Documents: Retained permanently or as required by applicable corporate law
- Marketing Communications: Retained until you opt out or request deletion
7. Your Rights and Choices
Depending on your jurisdiction, you may have the following rights regarding your personal information:
7.1 Access and Correction
You have the right to request access to the personal information we hold about you and to request corrections to any inaccurate or incomplete information.
7.2 Deletion
You may request deletion of your personal information, subject to legal and contractual obligations that require us to retain certain records.
7.3 Data Portability
You may request a copy of your personal information in a structured, commonly used, and machine-readable format.
7.4 Opt-Out of Marketing
You may opt out of receiving marketing communications by clicking the "unsubscribe" link in our emails or contacting us directly at inquiries@faroventures.co.
7.5 Cookie Preferences
You can manage your cookie preferences through your browser settings. Note that disabling cookies may affect the functionality of our Website.
To exercise any of these rights, please contact us using the information provided in Section 11.
9. Third-Party Services and Links
Our Website may contain links to third-party websites, services, or applications that are not operated by Faro Ventures. We are not responsible for the privacy practices or content of these third-party sites.
We encourage you to review the privacy policies of any third-party services you access through our Website.
10. International Data Transfers and Processing
Faro Ventures LLC is based in Wyoming, United States, and operates through international infrastructure primarily located in the Republic of Costa Rica. Your information may be transferred to, stored, and processed in the United States and Costa Rica.
Data processing activities related to our operational services (Entity Incorporation, Corporate Guardianship, Entity Tax Compliance, Financial Control, Banking & Treasury, and Payroll Management) are conducted in accordance with professional confidentiality standards and the data protection laws of the Republic of Costa Rica, where our service infrastructure resides.
We take appropriate measures to ensure that your personal information remains protected in accordance with this Privacy Policy, regardless of where it is processed. This includes implementing contractual safeguards with service providers and compliance with applicable data protection laws in relevant jurisdictions.
11. Contact Us
If you have any questions, concerns, or requests regarding this Privacy Policy or our data practices, please contact us:
Faro Ventures LLC and its affiliates
Mailing Address:
30 N Gould St Ste R
Sheridan, WY 82801
United States
Email: inquiries@faroventures.co
Website: faroventures.co
12. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices, technologies, legal requirements, or other factors. When we make changes, we will update the "Last Updated" date at the top of this policy.
We encourage you to review this Privacy Policy periodically to stay informed about how we protect your information. Your continued use of our services after any changes indicates your acceptance of the updated policy.
13. Governing Law
Faro Ventures LLC is organized under the laws of the State of Wyoming, United States. This Privacy Policy and our data practices are governed by the laws of Wyoming to the extent applicable.
However, data processing activities conducted through our international infrastructure in the Republic of Costa Rica are subject to professional confidentiality standards and Costa Rican data protection laws, particularly with respect to operational services provided by our Costa Rican affiliates and licensed professionals.
We are committed to protecting your privacy in accordance with the highest professional standards applicable in all jurisdictions where we operate.