How to Liquidate a Stock Corporation
The document is a detailed legal guide prepared by ECIJA for the liquidation of a Corporation (S.A.) or Investment Promotion Corporation (S.A.P.I.) in Mexico. ECIJA, a leading Ibero-American law firm, offers a comprehensive and strategic approach to accompany companies throughout the liquidation process, ensuring compliance with local regulations and facilitating an orderly and efficient transition.
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Actualización
31.08.23 -
Aprobó
Elena Rueda -
Formato
PDF -
Idioma
English
How to liquidate a Stock Company in Mexico
-
Última Actualización
31.08.23 -
Aprobado por
Elena Rueda -
Formato
PDF -
Idiomas
english
Overview
The document is a detailed legal guide prepared by ECIJA for the liquidation of a Corporation (S.A.) or Investment Promotion Corporation (S.A.P.I.) in Mexico. ECIJA, a leading Ibero-American law firm, offers a comprehensive and strategic approach to accompany companies throughout the liquidation process, ensuring compliance with local regulations and facilitating an orderly and efficient transition.
Key Points
Steps for Liquidation
- Review of Corporate Bylaws: Evaluation of the company's bylaws.
- Approval of Early Dissolution: Approval by shareholders for early dissolution, appointment of the liquidator, and liquidation basis.
- Formalization of Minutes: Formalization of the minutes before a Notary Public and registration of the public deed with the Public Registry of Commerce.
- Preparation of Final Liquidation Balance: Preparation of the final liquidation balance.
- Approval of the Final Balance: Approval of the final liquidation balance by shareholders.
- Publication of the Final Balance: Publication of the final balance in the Electronic System of the Ministry of Economy.
- Distribution of Social Assets: Distribution of social assets to shareholders against the delivery of share certificates.
Activities After Liquidation
- Legal Documentation: Dissolution minutes, final liquidation balance, and any other relevant documentation for the formalization of the liquidation process.
- Cancellation in the National Foreign Investment Registry (RNIE): Cancellation of the company in the RNIE.
Required Information
- Legal Documentation: Dissolution minutes, final liquidation balance, and any other relevant documentation for the formalization of the liquidation process.
- Notification to Authorities: Necessary communications to competent authorities to comply with all legal obligations.
Conclusion
ECIJA's guide for liquidating a company in Mexico offers a clear and detailed approach for companies wishing to close their operations efficiently and in accordance with local regulations. With a well-defined process and the support of an expert legal team, ECIJA ensures that clients can liquidate their companies in an orderly manner and with full compliance with local regulations.
