Requirements for Constitutive Act: Everything you need to know

What is a Articles of Incorporation?

It is a mandatory and necessary document for a company that wants to be officially formed before the corresponding entities, thus already this society that formed legally.

This minutes It has to be drafted in such a way that it shows the ideals that the society has, the members that make it up, the business name that this society will have and the people who make up the society can sign the document.

The companies that must have this type of document are the following:

With this type of document, everything that has to be done in society has to be considered. In addition, you must indicate the commercial and commercial activities that the company will have, if you have them.

What is the importance of a Articles of Incorporation?

Now that you know what a constitutive Act, you already have an idea of ​​how important this type of document is. This is due to what it contains, not to mention that it is necessary to legalize a society that is going to dedicate itself to an economic or educational one.

In itself the importance of constitutive Act It is due to what said company is going to carry out, since there are several activities that, in order to be formally legal, must be registered with the corresponding entities.

With all that has just been mentioned, it can be concluded that the constitutive Act, It is an essential requirement for a society that has the purpose of carrying out an economic or educational activity, is recognized by the corresponding entities and all the results obtained are recognized at the national level.

Requirements for Articles of Incorporation

Once the idea of ​​forming a company arises, it has to have some requirements to do the constitutive ActThus, there will be no inconveniences to be able to carry out the procedure for its corresponding registration.

To get to the point, these are the requirements that every society must have to carry out the constitutive Act:

1. Data of the people who make up the company, such as their name, your residential address and your nationality.
2. The name of the company and why it is formed, that is, the company name and objectives that you are going to have this type of unit.
3. How much is estimated time that this society will last.
4. What will be the people who will manage this company and who will have a tax firm.
5. To have contributions to capital stock.
6. How the society will be managed and what will be the function of each member of the society.
7. Have a I anticipate that it is close to 1000 pesos.
8. If for any reason the company can be dissolved, you have to consider the terms by which the company has to be dissolved.

Registration of the articles of incorporation and modifications to the social contract of civil or commercial companies

So far it is known what the constitutive Act, how important it is and the requirements that is needed to create this document. Now it is necessary to explain what has to be done to register it, in addition to indicating what has to be done when a modification has to be made.

First of all, it must be remembered that companies are formed for any reason and have their own conditions of formation, or what implies that said minutes It has to be registered with the entity that corresponds to the objectives of the company.

In the event that the company has its own properties, it must be registered in the Public Registry of Properties, if the company is going to engage in commerce, it must be registered Public Registry of Commerce and so on for the act to be a legal document.

It is worth noting that the minutes It has to be written by a lawyer, so it is accepted without inconvenience in the institution where it is going to be registered. In addition, the same document must be registered in several registries, before being registered in the entity that corresponds to the functions that the company will perform. In some cases, it only has to be processed at a notary

Necessary documents

Even though that him constitutive Act It has to be registered in the corresponding entity according to the function that the company is going to perform, it must be taken into account that each registration to require its own documents to carry out the registration.

What is certain is that the members of the society will be required to have documents that validate what it owns, that is, if they have properties, they have to show property title and that type of important documents.

These are the documents to validate certain things of the company, the following will always be requested

Ways to do the procedure

For now this type of procedure is carried out in person, although some registries may have their own registration form. constitutive Act. In this part, the steps to be taken to register or modify will be indicated.

1. First you have to write the document, setting out the requirements to create it.
2. Gather the documents required by the notary or the registry to register the minutes.
3. Go to the office of the notary or the registry that is closest to your home.
4. Indicate that you are going to register a constitutive Act.
5. Deliver the documents to the personnel who are performing the care.
6. Do everything that the staff asks to do the procedure and pay the corresponding fees.
7. Wait when the registration is ready, which consists of returning the document with the corresponding stamps and the validation of the registration.

The same must be done to be able to make a modification to the articles of incorporation.

Types of commercial companies

As already mentioned that articles of incorporation and what has to be done to create and register them, although it has already been mentioned that this type of documents is for different commercial companies which will be defined below:

Limited Liability of Variable Capital: This type of company recognizes the acronyms SA, are known for being closed businesses and their share capital is not divided into shareholders but is applied in social shares.

Anonymous Investment Promoter: This SAPI It is created in order to overcome the corporation, applying flexibility with the government of the same. On the other hand, it allows the incorporation of new investors, in addition to having legal tools that protect all parts of society.

Civil society: They are groups of professionals whose objective is not to carry out a commercial activity, but rather to carry out another economic activity. Lawyers, accountants, architects are trained all for the tax benefits it has.

Anonymous with Variable Capital: It is the most common company in México, the social participation is for a title or share, in addition, the shareholders are not responsible for their assets but for the capital they contribute.

If you have a company and you want to formalize it, you already know what to do. Although everything will depend on whether society is going to carry them out, it is always good that you are up to date with legal issues.