FAQ's
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Buy - Sell
Yes.
Yes, you can.
Yes.
Yes, there are different ways to secure payments.
No, it is even possible to include assets that are not yet owned.
You must present a voter's ID, telephone bills, electricity or bank accounts with the correct address and in the name of the seller, your wife (or), your ancestors or descendants. Depending on the amount of the operation, other documents may be required.
If you have all the requirements, it takes 4 to 5 weeks. If it is necessary to set up a trust, it will take an additional 4 weeks.
There are a number of taxes and duties that must be paid that depend on the amount of purchase and sale and the fees are according to the tariff.
Copy of identification, which must be presented in original at the time the will is granted. Present yourself personally to the notary office, being in perfect mental state.
The person to whom a specific asset is left.
The exemption will apply if, in the three years prior to the date of the alienation, the alienator has not alienated another residential house for which he has obtained an exemption and so states.
When there are minors or adults who are incapacitated.
The State Civil Code says that they are the responsibility of the buyer, the ISR if caused, must be paid by the seller.
Mortgage Cancellation
- A letter of instruction addressed to the Notary Office.
- The credit opening act with registration data, and if any restructuring has been carried out, the respective writing.
Societies
Signed by the notary, the document must be registered in the Public Registry of Commerce, until then the support is provided by a notary, and then the client must carry out his steps to register the legal person in the Tax Administration Service and then open the bank accounts.
The Single Authorization Form of the Secretary of Economy issues a resolution of 3 to 5 business days.
- Provide 3 to 5 possible names.
- Identification of the parties.
- Curp
- Proof of Tax Status no more than 3 months after its issuance.
- Occupation
- Marital Status (if you are married you must provide a marriage certificate and identification of the spouse).
- Define statutory clauses (corporate purpose, capital, administration, among others).
The social system will depend on the business and activities that the company will have, as well as the level of responsibility that each of the partners/shareholders will acquire.
Powers
- General data of the person (s) who will grant the power of attorney.
- If you are a legal person, you must bring your constitutive act and the reforms you have made to it, if you are a proxy, the writing containing the powers to grant power.
- Powers to be granted (lawsuits and collections, acts of administration, acts of domination, subscription of credit instruments, special).
- Duration of the power of attorney, if the indication is not made, will be valid for 3 years from the signing of the power of attorney.
In the public commercial register or in the national registry of notices of powers of attorney, as the case may be.
Certified Copies
No.
Take the original to the notary office for comparison.
Brand Registration
This registration covers the first 10 years subject to renewal for periods of the same duration for the protection of the most important intangible asset of any business, that is, its corporate identity. Registering your brand will allow you to protect it and prevent third parties from marketing products
All trademarks granted after August 10, 2018 must declare their effective and actual use starting 3 months after the expiration of the first 3 years of registration with the Institute. If the owner of the trademark does not declare its use, it will expire immediately and the 10-year protection granted by the IMPI will be lost. An omission could cost the loss of the brand.
Trademark registration allows you to obtain the exclusive right of use, which must be done before the service or product is released to the market to distinguish and protect it from third parties. This registration is made before the Mexican Institute of Industrial Property (IMPI) and the procedure can last between 4 and 6 months.
Assemblies
The most common are: Change of object, change of management of the company, capital increases, change of shareholders/partners, among others.
Meetings of companies, both ordinary and extraordinary, as well as meetings of condominium ownership regimes.
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