Mexico - Company Incorporation

Company Type	Time to Incorporate	Cost
SA and Srl	2-3 weeks	£3800

Corporate Name

You will need to select a company name which we will reserve for you at the Registration Office, they will check that no identical name or one that might lend to confusion is already registered.

Proforma Agreement

Under Mexican Law, your company will have to enter a proforma agreement, whereby any non-Mexican shareholder shall be deemed to agree to be bound by Mexican laws and not invoke the diplomatic protection of his government.

Company Statutes

We prepare these documents that spell out corporate governance, corporate purpose, duration of existence, domicile, capital stock provisions, management powers and special provisions for liquidation.

In addition, you will need to decide how capital will be subscribed, how the Board of Directors and officers will be appointed and what powers will be specifically granted to individuals.

The statutes must be taken along with the permit from the Registration Office to a notary (notario publico) to formalise the incorporation and takes around 3 weeks.

Commercial Register

After the notaries issue a notarial transcript, he usually handles registration with the Public Registry of Commerce (Registro Público de Comercio).

Tax Registration

Immediately after incorporation, you must register the company with the Federal Taxpayer’s Registry (Registro Federal de Contribuyentes, RFC) at the Secretariat of Finance and Public Credit (Secretaría de Hacienda y Crédito Público, Hacienda).

Register of Importers

If your company is engaged in foreign trade, such as importing raw materials, components or finished products, you will need to register with the Importer’s Registry (Padrón de Importadores) at Hacienda and takes approximately 2 weeks.

Foreign Investment Register

Registration with the Foreign Investment Registry (Registro Nacional de Inversiones Extranjeras), who will need information about the shareholders, domicile and company directors.

Additional Required Registrations

The corresponding Chamber of Commerce or Industry for your business. Under Mexican law, every company must belong to one of these chambers.

• Mexican Institute of Social Security (Instituto Mexicano del Seguro Social, IMSS)
• Employee Housing Institute (Instituto Nacional del Fondo de la Vivienda para los Trabajadores INFONAVIT)
• Retirement Insurance Fund (Sistema de Ahorro para el Retiro, SAR)
• National Institute of Statistics, Geography and Information (Instituto Nacional de Estadística, Geografía e Infomática, INEGI)