Company names must be unique and prior approved by the Registration Office. The name may be in English provided it is accompanied by a Spanish translation. The company name must end with the suffix Sociedad Anonima. We are able to check whether your proposed company name is acceptable with the registry.
All companies must have a registered office in Mexico where company documents may be legally served. We can provide your company with a registered office.
Only one director is required for a Sociedad Anonima registered in Mexico and there are no restrictions on the nationality or residency of the directors.
A minimum of two shareholders is required in order to incorporate a Mexican SA. An annual general shareholder meeting is required and must be held within four months following the end of the financial year. Shareholders may be of any nationality and can reside anywhere in the world.
The minimum share capital is MXN 50,000 (approximately EUR 2,800).
Companies are required to prepare and file annual audited financial statements.
Once all the necessary documentation has been notarised and received the incorporation process takes between two to three weeks.
Mexico Company Formation – £3800
Company Administration & Registered Office – £1500
Proof of Identity
As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
There is no requirement to visit Mexico in order to incorporate an SA company. However, we will need to be granted Power of Attorney on your behalf in order for you to incorporate or complete a business from overseas.
Mexico Sociedad Anonima (SA) Company Formation
The Mexican Sociedad Anonima is similar to a Limited Liability Company in the UK or a GmbH in Austria and Germany in that it is a legal entity which is separate and distinct from the individuals who run it. For sole traders and for people in partnerships, the individuals’ personal assets are at risk if there is a claim against the organisation but shareholders in an SA are liable to lose only the value of the share capital to which they subscribe.
Mexico is an attractive jurisdiction for an international business to establish a tax free haven as companies that generate no commercial income within Costa Rica are exempt from corporation tax.
A Sociedad Anonima is the most common form of incorporation in Mexico, offering shareholders liability limited to the value of their shareholding.