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How to Incorporate a Mexican Company

Legal Guides

The document is a detailed legal guide prepared by ECIJA for incorporating a company in Mexico. ECIJA, a leading Ibero-American law firm, offers a comprehensive and strategic approach to assist entrepreneurs and businesses throughout the incorporation process, ensuring compliance with local regulations and maximizing business opportunities in the dynamic Mexican market.

 

 

  • Actualización
    31.03.2024
  • Aprobó
    Elena Rueda
  • Formato
    PDF
  • Idioma
    English
How to Incorporate a Mexican Company

How to Incorporate a Mexican Company

  • Última Actualización
    31.03.24
  • Aprobado por
    Elena Rueda
  • Formato
    PDF
  • Idiomas
    english

Overview

The document is a detailed legal guide prepared by ECIJA for incorporating a company in Mexico. ECIJA, a leading Ibero-American law firm, offers a comprehensive and strategic approach to assist entrepreneurs and businesses throughout the incorporation process, ensuring compliance with local regulations and maximizing business opportunities in the dynamic Mexican market.

 

 

Key Points

Steps for Incorporation

  • Business Name Authorization: Obtain the authorization from the Ministry of Economy.
  • Powers of Attorney: Formalize powers of attorney to represent the shareholders/partners in the incorporation process.
  • Drafting of Bylaws: Drafting and approval of the company's bylaws.
  • Incorporation before a Notary Public: Formalization of the company's incorporation before a Mexican notary public.

Timeline

  • The incorporation process includes steps that can be completed within 7 to 8 business days, with specific activities such as reviewing bylaws, obtaining authorizations, and formalizing before a notary.

Post-Incorporation Steps

  • Registration with the Public Registry of Commerce: Official registration of the company.
  • Obtaining Federal Taxpayer Registry (RFC): Assistance in obtaining the RFC and electronic signature.
  • National Foreign Investment Registry (RNIE): Mandatory for companies with foreign investment.
  • Registration with Labor and Social Security Authorities: Registration with IMSS, INFONAVIT, INFONACOT, and AFORE.

Required Information

  • Business Name: Provide at least three suggested names.
  • Corporate Purpose: Detailed description of the company's activities.
  • Shareholders/Partners: Personal information and documentation of shareholders/partners.
  • Address: Company's address in Mexico.
  • Share Capital: Amount and percentage corresponding to each shareholder.
  • Administration and Surveillance: Names and positions of administrators and commissioners.
  • Legal Representatives: Names and powers of the company's legal representatives.

Conclusión

ECIJA's guide for incorporating a company in Mexico offers a clear and detailed approach for entrepreneurs and businesses looking to enter the Mexican market. With a well-defined process and the support of an expert legal team, ECIJA ensures that clients can establish their businesses efficiently and in full compliance with local regulations.

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