3-1 Character of Business base
3-1-1 Business form in Mexico.
There`s a Mexican saying “Al pueblo que fueres, haz lo que vieres” which means when you visit a town do as they do, it’s a good practice because when you visit Mexico an important key to success is to adapt to the Mexican culture.
The Mexican way to do business might appear different but remember that personal relationships are an important tool to success. “The Latin American negotiator is basically a friendly and informal dribbler, which is not very precise in its terms. He prefers to negotiate with friends, central base of their trust in the other party ”.
Mexicans like to relate when doing business and they often mix business with leisure and will often. Trust is very important and it will take time to establish it.
When discussing business Mexicans never say “no” in a firm way. Sometimes they give to many explanations because they don’t want to disappoint you or to be rude. They really appreciate it when you have interest in their country.

Mexican Family Values
•The family is at the center of the social structure.
•Outside of the major cosmopolitan cities, families are still generally large.
•The extended family is as important as the nuclear family since it provides a sense of stability.
•Mexicans consider it their duty and responsibility to help family members. For example, the will help find employment or finance a house or other large purchase.
•Most Mexican families are extremely traditional, with the father as the head, the authority figure and the decision-maker.
•Mothers are greatly revered, but their role may be seen as secondary to that of their husband.
Business lunches, rather than dinners are the traditional form of business entertaining and are usually time-consuming affairs; beginning between 2:00 and 3:00 p.m. Lunches are an essential part of business to establish a personal relationship.
Normal business hours in Mexico are between 09:00 to18:00 p.m.

3-1-2 Expand business in Mexico.
According to Forbes magazine in 2014 Mexico was part of the 15 countries with the highest global export, Japan is in 4th position with 715,000M of foreign sales and Mexico under the 15th position with 380,000M of foreign sales.
In Mexico imports are greater than exports, half of these imports come from United States, with 50.2%, China 14.7%, Japan 4.7%.The main products imported by Mexico are gasoline, automobiles, monolithic integrated circuits, diesel, electronic integrated circuits and parts for monitors and projectors.
Mexican Industry is primary centered in Mexico City and the US/Mexican border. A larger middle class demand for foreign products is increasing. The local market is increasing its purchasing power and there is a strong demand for luxury products: The top 10 % of households hold around 40 % of income and 80 % of assets.
Mexico is considered a “Near Shore” option for being close to the North American market (NAM), Mexico is important for its services in manufacturing, engineering and sourcing base for U.S. and Canada. The good thing about being so close to these countries is the strong correlation between the peso and USD that makes Mexico the best choice for companies with high invoicing in USD.
Trade relations between Mexico and Japan grew by 64% from 2005 to 2014, according to data from the Ministry of Economy (SE).
According to Agreement to strengthen the Economic Partnership between the United Mexican States and Japan that entered into force on 1 April 2005, Mexico eliminated the tariff for 40% of the tariff to the import of products not produced and inputs for domestic industry such as:
Indicative list of products with immediate access in Mexico from Japan.

Capital goods



Electrical manufacturing






-Hydraulic turbines


-Certain compressors

-Cranes (with arm or pen)





– Wind Turbines


-Certain transformers

-Power sources

-Light Indicators

– Conference audio generators

-Microwave Amplifiers






-Network apparatus

-Telephone sets

-Audio and video switches

– Telephone exchanges for operators

-Acoustic centers


-Sound systems

-Optical readers

-High technology components


Mexican consumer characteristics
Consumer credits are growing at 25 % per year. It has become easier to buy on credit and several markets are growing across the country. A Mexican characteristic is that they are influenced by family and friends.
The Mexican consumer is difficult to influence, sensitive to brands due to their loyalty to some brands, informed and discerning about the cost-benefit ratio but as well they tend to be euphoric when shopping if there are certain promotions, Mexicans have requested numerous bank loans and they expect to be treated individually that’s why they prefer outlets.

3-1-3 Foreign local subsidiary.
The benefits of having a subsidiary are that the parent company is separated from the legal entity; this shields the parent company from liability.
To establish a company consider this:
First, the parent company will want to consider the tax treaty advantages, if any, between Mexico and the parent company’s jurisdiction. A tax treaty will serve to reduce or completely eliminate double taxation on withholdings, dividends or capital gains. Second, the parent company will need to consider whether it will be liable for capital gains and taxes on foreign dividends distributed from the foreign subsidiary within Mexico. Finally, whether the foreign holding company or subsidiaries will be taxed on the receipt of dividends and capital gains within the home country of the parent company.

3-1-4Difference between Stock Company and Limited Liability Company.
According to the General Law of Commercial Companies in Mexico

Stock Company- Sociedad Anónima (S.A.):
Characteristics :
・Members are called shareholders.
・Limited liability of members to pay their contributions (art. 87).
・It is established with a minimum capital of $ 50,000 pesos (art. 89).
・The capital is represented by shares, title value that is embodied quality and partner or shareholder rights (art. 87).
・There are three kinds of meetings: Constituencies, General and special.
・Actions must be of equal value and confer equal rights.
・The actions are intended to circulate, not the law of both shareholders. In any case, the right of preference is optional (Art. 130), so it must be agreed by shareholders in the bylaws.
・It has three mandatory corporate bodies: the shareholders, the management body, which may be a single administrator or a board of directors and the commissioner; and also as an optional organ, are general or special managers (art. 145).
Limited liability Company – Sociedad de Responsabilidad limitada (S. de R.L.):
Characteristics :
・The partners are the central figures of this type of company, they are involved in the management and business success of the company according to their knowledge
・Members are called partners.
・Liability of partners to pay their contribution (art. 58).
・The contributions of the partners are capital (money or goods), prohibited labor contribution or industry (art. 70).
・It is established with a minimum capital of $ 3,000 pesos (art. 62).
・Includes two kinds of meetings: General Assembly of Members and General Assembly (to discuss matters involving all partners) and Special Assemblies (resolve issues involving only a specific category of partners).
・The capital is represented by social parties (art. 58, 65).
・The company’s shares may be of unequal value, it is a social part for each partner contribution (art. 62).
・The company’s shares are not intended to move. Bylaw, the transfer by the majority of shareholders’ meetings (art. 65) should be approved and all have right of first refusal (art. 66).
・It has two mandatory governing bodies: the general meeting of members and the board of directors (individual or collective) is called (n) manager (s) and an optional monitoring body, called supervisory board.

3-1-5Expand business except for local subsidiary.
・ Representative Office: Seeks to establish in the Republic and requires a representative. Not engaged in commercial operations, generally they aim to provide information and advisory services on activities, products or services offered by its parent company abroad, as in the case of an insurance company. No income and must arrange your finances high on the “zeros”.
・ Branch: usually is one that seeks to carry out commercial activities. If you have income you must obtain a tax identification card.
According to the Mexican Law of Foreign Investment:
ARTICLE 17. Notwithstanding the provisions of international treaties and conventions to which Mexico is a party, must obtain authorization from the Ministry:
I. Foreign legal persons wishing to engage in commercial acts in the Republic, and
II Persons referred to in Article 2,736 of the Civil Code for the Federal District in common matters, and for the entire Republic in federal matters, seeking to establish in the Republic and are not regulated by laws different from this Code.
ARTICLE 17 A. The authorization referred to in the previous article, will be awarded when all the following requirements are met:
a) Such persons have to prove they are constituted in accordance with the laws of their country;
b) That the social contract and other constituent documents of such persons are not contrary to the precepts of public order established in Mexican laws, and
c) In the case of such persons, referred in Section I of the previous article, that are established in the Republic or have an agency or branch it refers; or, in the case of such persons referred in section II of the previous article, that have domiciled in the place where they will operate, authorized to respond to the obligations undertaken representative concerns.
Any application that meets the requirements above must be given within fifteen working days from the date of submission. Concluded this period without any resolution forthcoming, it shall be considered approved.
The Secretariat shall submit to the Ministry of Foreign Affairs a copy of applications and granting authorizations based on this article] .

3-1-6Trend of regulated industries.
According to the Mexican Law of Foreign Investment:

Chapter II
Of reserved activities
ARTICLE 5. They are reserved exclusively to the State the functions prescribed by law in the following strategic areas:
I. Exploration and extraction of oil and other hydrocarbons, in terms of the provisions porlos Articles 27, 28 seventh paragraph and fourth paragraph of the Constitution of the United Mexican States and the respective regulatory law;
III. Planning and control of the national electricity system and the utility transmission and distribution of electricity, in terms of the provisions of Articles 27, paragraph six and 28, Fourth paragraph of the Constitution of the United Mexican States and the respective regulatory law;
Generation IV nuclear energy;
V. Radioactive minerals;
Telegraph VII;
Radiotelegraph VIII, IX Post
Ticketing XI;
Coining XII;
XIII. – control, supervision and surveillance of ports, airports and heliports; And Other XIV expressly by applicable legal provisions.
ARTICLE 6. – The economic and corporate activities listed below are reserved exclusively for Mexicans or Mexican companies with exclusion clause foreign:
I. national land transportation for passengers, tourism and freight, not including messaging services and parcels;

3-1-7Neuter investment.
According to the Mexican Law of Foreign Investment:

3-1-8Registration and Report.
1-Any corporation must be formed before a Public notary, for this a notarial instrument called Incorporation must be created, where its given name and business name to the entity, the social bylaws are created and it’s when partners are established and the participation of each, the board of directors are defined as well as the representatives and the specific powers that they are granted, duration of the company, etc.
The notary will ask for different requirements for the notarization of the Incorporation, among them the Shareholders must present official identification and have Federal Tax Registration (called R.F.C Registro Federal de Contribuyentes). In the case of foreign shareholders, they must meet special requirements depending on the type of corporation. The notary must be provided with fiscal address (where the main administration of the business is located) and the format of Finance R1 properly completed and signed.
Any corporation created must be enrolled in the Public Registry of Commerce of the place where it has its registered office, if the company has foreign shareholders, the company must be registered in the National Registry of Foreign Investment and comply with the presentation of the Annual Economic Survey and quarterly reports are required.
Among the obligations of the Commercial Companies Act the company must have books where the resolutions of the shareholders and other aspects are covered, there are particularities concerning specific obligations depending on the type of corporation established.

2. Immediately after the constitution should process the registration in the Federal Taxpayers Registry (RFC) to obtain the tax identification card with the corresponding RFC.
If the company wishes to import and / or export goods, the company must be registered with the Register of Importers, depending on the type of product will be necessary to obtain sectoral standards and meet the Mexican Official Standards. It is important to be properly advised by an expert in foreign trade, since the process is impersonal and can take significant time, affecting the operation of the entity.
In the case of imports / exports of services must be complied with specific regulations.

It is important to define the pattern of employment through an employment contract, as well as the roles and functions across an organization. Likewise it must be defined if the contract must be individual or collective, based on the number of employees as well as the activities that the company will develop.

3-1-9Penal regulation related to registration and breach of regulation
Various legal provisions in commercial matters, tax, labor and industrial property
General Law of Commercial Companies (Ley General de Sociedades Mercantiles):
Is the basic rule governing commercial companies whether they are anonymous or not. If the entrepreneur business strategy needs to associate with others with the same or similar commercial objectives, it is essential to know the types of corporations that exist and how they distribute their profits among the partners and the scope of liability to third parties.

Code or state and local laws regarding the opening of establishments (Código o leyes estatales y municipales sobre la apertura de establecimientos):
The state or municipality where the entrepreneur wants to open the company is regulating the issue of licenses. The home must meet a series of requirements and procedures for licensing. If operating without it, the new employer may face the closure of the business and fines.

Law on Income Tax (Ley de Impuesto sobre la Renta):
Every natural or legal person is required to pay income tax. This law regulates what business income subject to this tax, deductions and allowances may apply.

Law of Value Added Tax (Ley del Impuesto sobre el Valor Agregado):
This tax has effects on the final consumer, but also affects the entrepreneur. On the one hand, on invoices issued and, secondly, on the receipts you have to pay. The employer must make a balance between what you paid and retained for payable and meet a number of formal requirements.

Industrial Property Law (Ley Propiedad Industrial)
A brand is the symbol or sign used to distinguish goods or services of the same type or category on the market (Article 88 of the Law of Industrial Property).

Basically they apply in the case of natural or legal persons (commercial companies) engaged in the manufacture and sale of various products or provide certain services and designed images that distinguish them from their competition at different levels.
In Mexico the right to exclusive use of a trademark is obtained by registration before the Mexican Institute of Industrial Property (IMPI). The rules of how to do this are in the law in question.
Federal Data Protection Law (Ley Federal de Protección de Datos):
The entrepreneur will manage personal data of employees, customers and suppliers has obligations of information, communication and data protection against the holder and the IFE.

Federal Labor Law (Ley Federal del Trabajo):
Whether to provide your service or produce its product, the entrepreneur requires the services of other subordinate persons, shall observe the rules governing labor relations that is embodied in this system.
Laws of Social Security and Infonavit (Leyes del Seguro Social e Infonavit):
As a result of an employment relationship other employer obligations arise, including shares to cover social security contributions for housing. The frequency of payment, concepts so come and exceptions and if sanctions involving the breach of their payment are governed by these laws. Knowing these laws allows entrepreneurs have a competitive advantage over other employers to use the benefits offered their laws and avoid risks that prevent them from development.

3-2 Establishment of business base
3-2-1Schedule of establishment.

3-2-2Selection of legal agent.
Legal representation
The representation is meant by the realization and implementation of legal acts on behalf of another. Generally, this action on behalf of another involves the prior grant of authority and power to one person, or by the law to represent the other, that is, make certain your legal business name.
The modern doctrine recognizes three types of representation:
1- Legal representation: an example would be guardianship and custody.
2- The voluntary representation: This occurs through the figure of mandate (contract by which the agent undertakes to execute on behalf of the legal acts mandate entrusts this). It is when the president acts against third parties on behalf of the mandate.
3- The organic representation: type of representation for juridical person, is exercised through its board that allows you to interact with third parties.

3-2-3Decision of local subsidiary information.
Information that has to be provided:
・Information for incorporation of companies in Mexico
・Information statutes:
・Names for the company (three choices in order of preference)
・Social object:
・Main product or service:
・Name of Shareholders / Partners and contribution in society:
・Capital of the Company:
1.Amount of capital: $ Mexican pesos
2.Value of shares / social parts: $ Mexican pesos,
・Name of Sole Administrator or the Board:
・Name Society Commissioner
・Representatives of the Company:
・Type of power given:
1.Lawsuits and Collections
2.Acts of Directors
3.Acts Domain
4.Subscribe credit
5.Power to open and close bank accounts
6.Labor Affairs
7.General for Administration acts only for incorporation of the Company
8.Other (Specify)
・Fiscal domicile of the Company:
・Corporate home
1.Will there be any change in the legal address of the company?
2.New offices:
・Date of change of address:
Name of the person who will sign the charter:
Specify if Is intends to open branches in the short term?
Visa for job (Send copy of foreign passport)
Temporality that plan to work in Mexico

3-2-4Acquisition of trade name license.
The client has to decide the company’s name, and because no person can have the same trademark name the client has to provide us with 3 options from which we can chose in case some name is already taken.

According to the Mexican Institute of Industrial Property (IMPI/Instituto Mexicano de la Propiedad Industrial) a trademark is any sign that distinguishes products or services from others of the same class or kind in the market.

Types of trademarks:
・Brand Regulations: are those that identify a product or service from a denomination; can be letters, words or numbers and punctuation marks that aid contain your correct reading.
・Brand without name: those that identify a product or service and are based on figures, designs or logos devoid of letters, words or numbers.
・Three-dimensional mark: they are the wrappers, packaging, containers, shape or representation of the products in its three dimensions. This type cannot have words or pictures included.
・Mixed brand: is constituted of the combination of any of the above types of marks.

Filling application for registration.

You must provide the applicant’s data, domicile for notification, specify the type of mark, date of first use, the type of product class, indicate the products / services that aim to distinguish the distinctive emblem. Denomination, distinctive sign in the case of brands, Legends and / or not bookable figures, address of the establishment.
With this application you must append different documents as proof of payment for registration

3-2-5Parent company’s document for submit.
Company’s bylaws
President’s passport and address certificate

3-2-6Authentication of letter of attorney of establishment.
[When a person who is abroad has to execute a legal act in Mexico, what can be done through a representative, for which it gave a power of attorney. Mandates or powers of attorney may be general or special.

Mandates or general powers include:

General Power for Lawsuits and Collections. – used to represent judgments and make collections on behalf of the principal.
General Power for Acts of Directors. – used to administer property and interests of the client.
General Power for Acts of Domain.- used to buy goods on behalf of the principal or to sell, mortgage or donate.
You can give a broad general power comprising the three types of powers mentioned above.

The General Power goes for a number of undefined acts, so that the president can make many efforts on behalf of the client until such time as it is not revoked, either, one of the parties dies. However, power can be limited in scope in terms of the powers conferred.
The Special Branch is granted to be represented in one or more issues specifically determined, and is automatically terminated with the conclusion of this or these. This type of power provides greater security to the client.

Requirements for Legal Entities:

1. Copy of passport
2. Complete the Application
3. Clause to be included in power. We recommend contacting a lawyer, notary or the authority to which power is present.
4. Present public documents, original or certified copy attesting:
To. The legal constitution of the company, its operations, its corporate purpose, domiciles (Incorporation);
b. The statutes on which their administrative bodies and their powers (Articles of Association) is determined;
c. The appointment of the respondent to provide power (Assembly Act or power of attorney who has enough power to delegate signing the power of attorney).
5. People who do not speak Spanish, must send the data and a copy of the official identification of the interpreter who will accompany the day of the reading and signing of power.

The above documents must be sent in triplicate to the following address:
Mexico Embassy, Consular Section
2-15-1, Nagata-cho, Chiyoda-ku, 100-0014, Tokyo, Japan
To make sure that this consular office has received documentation please contact the tels .: 03-3580-2961 and 03-358-2062.
6. Pay the appropriate consular fees in cash the day of the appointment.

1. Upon receipt of the required documentation, the consular office will review it and contact you with any questions.
2. After reviewing the documents, and once covered all the requirements, the consular office will agree with the applicant to make an appointment for the reading and signing of power in a period not exceeding ten working days following.
It is necessary that the applicant personally go to the meeting for reading and signing of power; and submitted with your passport.
People who do not speak Spanish must be accompanied by an interpreter, who will also present valid ID.
3. After signing to be agreed with the grantor delivery of the testimony in the earliest time.

If your power is for any motion or procedure related to a bank account you must have the data of the bank and the account.
The documents issued outside Mexico must be apostilled by the authorities of the place of issue. Should be in a language other than Spanish, they must be accompanied by translations.
You need to take into account that each process is different. The requirements may vary depending on the specific case. Your documents will be reviewed by consular staff to verify compliance with the provisions of the current Mexican regulations.]

3-2-7Relevant law of money laundering.
Under the Mexican law of money laundering we have specified the activities considered vulnerable to money laundering, these are the activities:

Gaming and lotteries
Credit card service
prepaid cards and coupons
repayment and rewards cards
loan or credit
metals and jewels
removal or custody of securities
professional services
public faith (example: notaries)
foreign trade
property leasing

Article 18. Those who carry out the vulnerable activities previous described in this article shall have the following obligations:
I. Identify customers and users with those conducting the activities subject to supervision and verify their identity or credentials based on official documents and obtain copies of documentation;
II. For cases in which a business relationship is established, you ask the customer or user information about their business or occupation, based inter alia, in the notices of registration and updating of activities presented for purposes of the Federal Register of Taxpayers;
III. Ask the customer or participate in activities Vulnerable about whether it is aware of the existence of the beneficial owner and, where appropriate, exhibit official documentation can be identified, whichever shall do in his possession; otherwise, it declares that it does not have;
IV. Protect and prevent the destruction or concealment of information and documentation used for supporting the Vulnerable Activity, as well as to identify their customers or users.
Information and documentation that the preceding paragraph shall be stored in a physical or electronic, for a period of five years from the date of completion of the Vulnerable Activity, unless the laws of matter of the states establish a different term;
V. Providing necessary for the carrying out verification visits in terms of this Act facilities, and
VI. Present the notices at the Ministry on time and in the manner provided in this Act.

3-2-8Official translation of parent company’s material.
When companies documents must be translated by an expert translator and which must be authorized by the High Court depending on the delegation or state where the company is established.

3-2-9Production of article of association of local subsidiary.
When you make bylaws and subsidiary in Mexico

3-2-10Production of letter of attorney of promoter.
When a business interest does not exceed a certain amount or when the command is given to a very specific procedure, it can be formulated in a Power of Attorney.
Relevant articles of the Federal Civil Code
Article 2556. – The mandate may be given in private writing signed before two witnesses, without that prior ratification of signatures needed, whenever the interest of business for which
It is conferred not exceeding one thousand times the general minimum wage in the Federal District time of granting.
It can only be verbal command when the business interest does not exceed fifty times the general minimum wage in the Federal District at the time of granting.
Article 2551. – The written authorization may be granted:
I. In deed;
II. Privately writing, signed by the grantor and two witnesses and ratified firms to Notary Public, Court of First Instance, Minor Judges or Peace or before the corresponding officer or clerk, when the mandate is given to administrative matters;
III. In proxy signature without ratification.
Article 2555. – The mandate should be granted in a public deed or power of attorney signed before two witnesses and ratified the signatures of grantor and witnesses before a notary, before judges or appropriate regulatory authorities:
I. Whenever general;
II When the interest of the business for which confers exceeds the equivalent of one thousand times the general minimum wage in the Federal District at the time of granting; or
III. When thereunder is to run the president, on behalf of the principal, any act which according to law must be included in public documents.

3-2-11Establishment of company above commercial law.
At this stage company is

3-2-12Registration federal contributor.

Documents required
・ Preview sheet of “Data captured from the registration application in the Federal Register of Taxpayers”.
・ Acknowledgement of registration in the RFC (Federal Tax) with Tax Identification Card.
・ Certified copy of the duly registered constituent document.
・ Original proof of tax domicile.
・ Where appropriate, certified copy of the power of attorney with which accrediting the legal representative or power of attorney signed before two witnesses and ratified the signatures to the tax authorities or a notary or notary public. If it was issued abroad must be duly apostilled or legalized and have been formalized before a Mexican notary public and, where appropriate, have the Spanish translation made by authorized expert.
・ Original of any valid ID with photo and signature issued by the federal, state or local government legal representative.
・ If you initiated the process through the Internet, additionally it has pre acknowledgment of the RFC.
The residents in Mexico, at the time its charter or constituent document is signed by a notary public that authorize the instrument, including companies incorporated with a merger or spin-off corporations.
When the entity does not become notary public, in the month following that in which the contract is signed, or the publication of the decree or the legal act that is carried them home.
In all other cases, within one month following the date on which the legal course or event giving rise to the filing of periodic returns, payment or information for themselves or for others it is updated.

Certified copy of the constitutive document duly apostilled or legalized, as appropriate. When this document has other language than Spanish, a Spanish translation by an approved expert should be presented.
Where appropriate, original joint venture contract with signature of the managing partner and associates or their legal representatives.
Where appropriate, original trust agreement, with signature of the settlor, trustee or their legal representatives, as well as the legal representative of the trustee.
Where applicable, duly certified copy, legalized or apostilled by a competent authority of the document proving their tax identification number in the country of residence, they have obligation to have it in this country.

3-2-13Registration Public property commercial.
Public Registration (Notarized letter)
At this stage it requires a notarized letter where the notary ensures that the minutes of the Constitution company is in the process of being finished.
A notarized letter works to fix a date for the completion of the constitution of the company.

3-2-14Foreign registration to department of economic affairs.
In accordance with the provisions of the Decree published in the Official Journal of the Federation on December 15, 2011, it is reported that as of June 16, 2012, the authorizations for the use of names for the incorporation of companies and name changes; notices and use of name, liquidations, mergers and divisions are the responsibility of the Ministry of Economy (SE).

Based on the provisions of Articles 27, Section I of the Constitution of the United Mexican States and 14 of the Regulations of the Foreign Investment Law and the National Registry of Foreign Investment, communicates that as of June 16, 2012 , notices of holding conventions Aliens Mexican companies incorporated with foreigners admission clause; as well as change notices exclusion clause admission of foreigners, they shall be submitted by the public notaries at the headquarters of the Foreign Ministry, and its foreign delegations and electronically at:

3-2-15Stock issue / Procedures of various book issues.

Stock Issue:
[The owners of a company may want additional capital to invest in new projects within the company. They may also simply want to reduce their participation, the release of capital for private use.
By selling shares they can sell part or all of the company many homeowners. The purchase of one share entitles the holder to ownership of the company, a fraction of the power of decision and potentially a fraction of the profits, which the company can generate dividends.

In the common case of a publicly traded company, where there may be thousands of shareholders, it is impractical to have them all in making daily decisions required to run a company. Thus, shareholders use their shares for the election of members of the Board of Directors of the company.
In a typical case, each share represents one vote. Companies can, however, issue different classes of shares, do they may have different voting rights] .

Procedures of various book issues.
The policy is a document that operations performed by entity and all information necessary for identification are based.
They are classified into: Journal, Revenues and Expenditures

3-2-16 Bank account opening.

Importance of opening a bank account under the company’s name. An account in the name of the company allows to check income and expenditure for the year.
By opening an account you have to be the cost of maintaining the account, bank transaction modes and the minimum balance to maintain the account.

3-2-17 Completion of corporation establishment.

3-3Necessary registration to other duties.
3-3-1About acquisition and property lent.
FOREIGN INVESTMENT LAW RELATING TO THE ACQUISITION OF REAL ESTATE BY FOREIGNERS. First, it is important to review the content of the first section of Article 27 of the Mexican Constitution, which regulates the ownership of lands and waters in Mexico. The first paragraph of Article 27-I, states that, “Only Mexicans by birth or naturalization and Mexican companies have the right to acquire ownership of lands, waters, and their appurtenances, or to obtain concessions for the exploitation of mines or waters” . Moreover, the same paragraph states that, The State may grant the same right to foreigners, provided they agree before the Ministry of Foreign Affairs to consider as nationals in respect of such property and therefore not invoke the protection of their governments so It refers to those; under penalt