martes, 8 de abril de 2014

Corporation (Sociedad Anonima)

This is the most common way to form a legal person in which the most relevant elements are the capital integration and the liability limitation of the partners. The personal characteristics of the partners go into second term (legal or natural person, national or foreigner) as each is represented by his amount of his contribution to form the social capital. Meaning that the partner that contributes the most, will also have more representation  and thus more votes. The liability will be always limited in the amount of the contribution.

Conditions and requisites S.A.

       Minimum of two partners, with at least one company share subscribed
       The social contract must establish the minimum amount of social capital which must be fully subscribed;
       Minimum of 20% of the company share must be exhibited in cash
       The name of the company must be followed by "Sociedad Anónima" or "S.A."
       The partners liability will be limited only till the amount of their contributions.
       The social capital will be represented by shares, the value of the
shares will be determined by the partners.
       The partners will get the name of shareholders.
       There is no limitation in the number of shares that a
shareholder can have.
       The shareholders can not make any loan or partial payment over
their shares.
       No new shares can be issued until the previous ones have been fully paid.

Thank you for reading, you are welcome to visit our web page at www.profectus.mx