Company registration in Mexico

Company registration in Mexico
Mexico

How to register a company in Mexico remotely?

Two shareholders and 1 director of any residency can open a company in Mexico. You can ask for legal advice on how to set up a company in Mexico without a personal visit from YB Case professional team.

To register an SA (corporation) in Mexico, the recommended minimum authorized capital is $3,500. To register an LLC (SRL), export LLC (IMMEX Maquiladora) in Mexico - min capital is $200 is enough. For LLP - $1 (a symbolic). You can also register branches/representative offices in Mexico.

The Republic of Mexico (United Mexican States) lies between the United States and Central America. It also borders Belize and Guatemala. It is the 5th largest country in the continent and the 14th in the world. The territory consists of mountains, deserts and jungle. It’s profitable to start a tourism business in Mexico since, the hotel business is developed on the Mexican coast of the Pacific Ocean, the Caribbean Sea and the Gulf of Mexico due to the abundance of beaches (Mexico is one of the ten most visited countries for the purpose of recreation). The most important ports are: Veracruz, Acapulco, La Paz, Salina Cruz, Progreso, Manzanillo, Guaymas, Ensenada, Coatzacoalcos, Tampico, and Santa Rosalia. “Mexico” and “Aeromexico” are the main air gates. Thanks to such air and water interchanges, the registration of commercial enterprises in Mexico opens up many prospects for conducting American business for both beginners and professionals.

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An official language is Spanish.

Mexico is a member of the Foreign Trade Organization, SELA (Latin American Economic System), UN, ALADI (Latin American Integration Association), Latin American Economic System, and others.

Mexico is an industrial and agricultural country. Major industries:

  • a gas and oil production;
  • an energy complex;
  • the agriculture;

Taxes

  • for all legal forms, except for the representative office, VAT is 16%.
  • a corporate income tax for all companies except representative offices is 30%, for LLP there may be a rate reduced to 15%.

If you have any questions about the subject of this article, we recommend you ordering legal advice on the Mexican company’s registration, opening an account with a bank in Mexico, and you also receive legal assistance in preparing the necessary package of documents.

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