Formation of Business Entities

Forming a business entity in México requires unique considerations based upon the purpose and planned activity of the business owners.

 

Why you need an Attorney to form a Business Entity

 

To form a business entity in Mexico the legal requirements are unique. A Mexican Limited Liability Company ( LLC ) is referred to as an S. de R.L. and although similar is not the same as an American LLC. Also forming a corporation may best be suited for some investors because of the limiting factors of shareholder liability.

 

How we Help

 

• Forming an (S. de R.L.de C.V) Sociedad de Responsabilidad Limitada  de Capital Variable has a multi-step incorporation procedure, from obtaining the needed authorizations to registering with the relevant Mexican authorities. This structure in México requires at least two shareholders who enjoy limited liability. The entity name, bylaws and operating agreement, obtaining a tax ID number and opening a bank account are necessary requirements.

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• Forming a corporation is a more complicated process and additional requirements include capital contributions, appointing a legal representative, having a valid business address, and proper registration with the Ministry of Economy.

 

At Encinas & Associates we have a successful history of establishing corporation entities for both individuals and corporations that meet the business objectives of our clients.