Corporate Legal Assistance

Braccini & Partners Law Firm provides in Mexico a wide range of corporate legal assistance.
.
We support our clients in opening companies in Mexico, opening bank accounts in Mexico, obtaining the Mexican tax id, opening non-profit representative offices or branches of foreign companies, corporate compliance, drafting agreements, trademarks registration, debt collection, corporate transactions, M&A, joint ventures, asset purchases.
.
Our clients are both individuals and companies seeking to start a business in Mexico or better manage their existing operations.
.
Braccini Law Firm provides legal services at every stage. From the beginning, with the strategic decision over the best “vehicle” to start and expand a business in Mexico. But also, afterword, during the day bay day operations, implementing, along with the client, the best corporate and tax strategies, guaranteeing the compliance with local and international applicable laws.

What we do

The specific and distinctive needs of each client in Mexico represent our landmark.

Protecting the interests of our clients and proposing tailor-made, highly customized, strategic, and safe solutions is our goal.

In the global landscape, the Mexican market represents a tremendous opportunity for doing business and growing one’s company. The international experience of our professionals is the best tool for seizing these opportunities in a simple and secure manner.

01. Opening a company in Mexico

The best way to do business in Mexico is by opening a Mexican company. With some exceptions, it is possible to open a company in Mexico with 100% foreign capital.

Braccini & Partners will guide you through every step of the process of opening a company in Mexico. From choosing the best “vehicle” to use, to preparing special powers of attorney to open the company remotely, from drafting the bylaws tailored to your specific needs, to signing the public deed incorporation before a Notary Public.

Mexican law offers the possibility to open different types of companies. However, in most cases, the most suitable vehicles for foreign investors are the Sociedad Anónima or the Sociedad de Responsabilidad Limitada. Both are highly flexible, do not require a minimum initial capital and the partners/shareholders have limited liability.

Once your company is incorporated, we will guide you in obtaining the Mexican Tax number, opening a bank account, keeping your accounting, handling the tax matters, and complying with Mexican legal requirements.

02. Opening branches and representative offices

In addition to open Mexican companies, it is also possible to create a presence in Mexico by opening of branches or representative offices.

Branches operate as extensions of a foreign company in Mexico. Unlike Mexican companies, branches are not separate entities from their holding company; they don’t have their own autonomy. This means that any legal action against a branch in Mexico can affect the foreign company’s assets. For this reason, branches are not widely used. However, in certain cases, they can represent an alternative to creating a Mexican company.

Representative offices in Mexico, on the other hand, are used to carry out non-profit activities such as promotion and technical assistance. They are used when a foreign company only need a local presence or to test the market before opening a Mexican company later.

Representative offices in Mexico have reduced tax obligations compared to Mexican companies, such as employee contributions and withholding taxes on salaries or office rental payments.

03. Opening a bank account in Mexico

Once the Mexican company is incorporated and the RFC (Federal Taxpayer Registry) obtained, it is possible to open a bank account in Mexico.

The bank will require specific documents, such as the company’s e.firma (electronic signature), a notarized power of attorney authorizing a company representative to open the account, and proof of address.

The bank’s legal department will then verify that all the information and documents provided are correct and authorize the opening of the bank account in Mexico.

Braccini & Partners can assist and guide you through this process.