Setting up a Business in Mexico

Overview by Globlatrade.net:

Legal Forms of Companies

Types of Companies and Capital (Max/Min) Number of Partners/Shareholders and Liability Registration Fees
Sociedad de Responsabilidad Limitada (S. de R.L.)  is: a Variable Stock Limited Liability Partnership (company)
 
 
Minimum of  3,000 MXN. Each partner must bring in at least 50% at the time of its creation.
Minimum 2. Maximum 50
 
 
Liability is limited to the amount contributed.
Company's name registration by the Ministry of Foreign Affairs: MXN 640 ; Act of constitution by a public notary in order to obtain tax registration number: MXN 9,000 ; Registration to the Public Commercial Register: MXN 1,402; Inscription to the National Business Registry Information: MXN 385.
Sociedad en Nombre Colectivo is: a General Partnership
 
 
No minimum capital.
One or more partners
 
 
Liability is unlimited and joint responsibility.
Company's name registration by the Ministry of Foreign Affairs: MXN 640 ; Act of constitution by a public notary in order to obtain tax registration number: MXN 9,000 ; Registration to the Public Commercial Register: MXN 1,402; Inscription to the National Business Registry Information: MXN 385.
Sociedades en Comandita Simple (S. en C.) is: a Limited Partnership.
 
 
No minimum capital.
One or more partners
 
 
Some partners have limited liability, others have unlimited and jointed responsibility.
Company's name registration by the Ministry of Foreign Affairs: MXN 640 ; Act of constitution by a public notary in order to obtain tax registration number: MXN 9,000 ; Registration to the Public Commercial Register: MXN 1,402; Inscription to the National Business Registry Information: MXN 385.
Sociedad Anonima (S.A.) is: Limited Liability Company (or Corporation) also known as Joint Stock Company in USA
 
 
50,000 MXN. 20% released at the time of its creation.
Minimum 2. No maximum.
 
 
Liability is limited to the amount contributed.
Company's name registration by the Ministry of Foreign Affairs: MXN 640 ; Act of constitution by a public notary in order to obtain tax registration number: MXN 9,000 ; Registration to the Public Commercial Register: MXN 1,402; Inscription to the National Business Registry Information: MXN 385.
Sociedad Anonima de Capital Variable (S.A. de C.V.) is: a Variable Capital Limited Liability Company.
 
 
50,000 MXN. 20% released at the time of its creation.
Minimum 2.  No maximum.
 
 
Liability is limited to the amount contributed.
Company's name registration by the Ministry of Foreign Affairs: MXN 640 ; Act of constitution by a public notary in order to obtain tax registration number: MXN 9,000 ; Registration to the Public Commercial Register: MXN 1,402; Inscription to the National Business Registry Information: MXN 385.
 
Enterprises Federation
Mexican Employers' Information System
 

Business Setup Procedures

Administrative Formalities
The statutes of the company must be written down in Spanish and registered on a notarized document. It is required to obtain a permission authorizing the creation a company/corporation drawn up from the Ministry of Foreign Affairs.
The Competent Organization
The National Business Information Registry.
Time Necessary for Registration
From one to five working days, depending on the type of process required.
 

Recovery Procedures

Minimum Debt-to-Capital Ratio Triggering Liquidation
When losses are two thirds of the social capital.
Bankruptcy Laws
General Law of Commercial Companies
Reorganization and Rehabilitation Laws
Merging,  transforming and splitting of the companies is regulated by the General Law of Commercial Companies

Any Comments About This Content? Report It to Us.

Read more See less
Experts Views (2)
Hot Tips (1) Go Top
Post your content

WANT TO APPEAR ON THIS PAGE?

Post content about Setting up a Business in Mexico and you will be listed here to receive requests for offers.

Contact our expert contributors