Castro & Castro

DOING BUSINESS
IN MEXICO

Starting a corporation in Mexico implies steps and procedures to which local businessmen are generally acquainted.
However, when the investors live abroad, they must face a new environment and many concerns arise regarding how they can explore business opportunities in our country.
DOING BUSINESS
IN MEXICO

Starting a corporation in Mexico implies steps and procedures to which local businessmen are generally acquainted.
However, when the investors live abroad, they must face a new environment and many concerns arise regarding how they can explore business opportunities in our country.

Conditions for starting a corporation are practically the same for all. Still, from our own experience with foreign companies, we are aware that they need a personalized approach so that they can understand the different scenarios and their implications depending on the type of business and operation that they will develop.

There are companies which are already strong abroad, and wonder how they could start doing business in Mexico. Some of these choose to start cautiously, by hiring local sales agents or making agreements with established distributors to start measuring the real potential for their products or services at a relatively low risk.

Others are ready to expand and open offices in Mexico. For them we provide , advice on the type of corporation most appropriate for their operation: for example, a Sociedad de Responsabilidad Limitada, S. de RL de CV or Limited Liability Company in the US, LLC, or a Sociedad Anónima, S.A. de C.V. which is known as a Corporation in the US.

Other options may also be joint ventures, trustfund contracts and branch offices.

Our firm provides advice on the most convenient type of corporation to adopt, as well as the advice to determine the Statutes for Incorporation such as: the Number of Partners, the Common Stock, the Social Parts, the Constitution of the Corporation, the Partners’ Liabilities, the Income Tax, amongst others.

WOULD YOU LIKE MORE DETAILS ON HOW TO ESTABLISH YOUR CORPORATION IN MEXICO?

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We also provide the services needed for establishing the corporation.

In case that a company needs to start business without establishing in Mexico, our firm can develop Trade Projects to search for suitable distributors or end users for the products or services from companies abroad, as well as providing key information on the market, competitors and regulations. We also organize business meetings with such candidates and assist the companies abroad during their visits.

Our team has years of previous experience in this type of projects carried out for the Ohio State Office in Mexico, the State of Wisconsin and for one Trade Mission for the US Embassy in Mexico.