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It is permissible to establish branches of foreign corporation, in accordance with the General Mercantile Corporations Law; however, given the red tape involved in getting approval from the Mexican government, it is usually better to establish a Mexican corporation.
S.A. de C.V. Separate legal entity, independent from its shareholders. 2 shareholders are required at all times. Shareholders’ meetings are the supreme organ of the corporation.
To set-up a corporation in Mexico, consult an International law firm in Mexico, they will obtain a reservation and permission for the name of the corporation and register the notification of use.
In this post, you will find the 12 steps to creating a company in Mexico, such as Power of Attorney, Foreign Investment and more!
Forma 5 is a leading company in the field of office furniture and chairs since its inception over 35 years ago. Inmersed in a market which is constantly changing and with a strong competition, Forma 5 does satisfy a demanding and informed end user.
Our sixth chapter of Doing Business in Mexico, Taxation in Mexico, will provide a general overview of the main Mexican taxes focused on foreign individuals and/or legal entities, including rules on permanent establishment, tax withholding, among other tax obligations.
1. TYPES OF CORPORATIONS. Foreign individuals and foreign legal entities are able to participate in the incorporation of a Mexican company or, where appropriate, acquire any type of participation or interest in an existing Mexican corporation.
