This is a basic information provided by O’farrill & Associates on how to start a business such as Restaurant/Bar and boutiques , through a Mexican Corporation.
SET UP A MEXICAN CORPORATION:
1.- First, we need to obtain a permit at The Secretary of Foreign Affairs, but we need to provide at least 4 possible names for that corporation.
2.- Once the permit is obtained, we can help you write down the First draft for the incorporation agreement, and we need to know:
A).- Main Address in Mexico
B).- Who will be the members or partners, the members can be LLC’s or individuals and the distribution of shares
C) Who are going to be the members of the Administration Council, (President, Secretary , Treasury or President and Vice President etc)
D).- Grant Power of Attorney to a Mexican CPA or somebody else.
3.- The Final draft must be formalized by a Mexican Notary Public and registered at the Public Property Registry
4.- Once the Corporation is Registered , we can process:
A).- The inscription at The National Registry of Foreign Investments ( RNIE)
B).- Obtain the Tax ID (RFC) from the SHCP ( Mexican IRS)
C).- The FM3 for the foreign members.
OPEN A RESTAURANT BAR :
This is a little bit complicated because the license to sell alcohol is the most difficult one.
1.- Obtain the environmental impact study and /or risk study , before the Ecology and Sustainable Development Commission of Sonora.
2.- Getting a new license to sell and/or consume drinks with alcoholic content issued:
a).- The cost can be around $ 64,000.00 to $ 100,000.00 Pesos.( sometimes more)
b).- Permit before the City Hall ( this is granted by the municipal council)
c).- Blue print of place with measurements to the corners, by specialist in the matter,
d).-Letter of investment sent by specialist in the matter.
e). - Pictures of the interior and exterior of the establishment,
f).- Copy of incorporation agreement certified by public notary and power of the legal representative , and more ,
To obtain this special permit involves different authorities from Sonora (Health Secretary, City Hall, Treasury department, etc)
BOUTIQUE
1.- Obtain the Tax ID
2.- Permit by the state according to the kind of Clothes ( Leather, imported, etc)
This is a basic information provided by O’farrill & Associates on how to start a business such as Restaurant/Bar and boutiques , through a Mexican Corporation.
SET UP A MEXICAN CORPORATION:
1.- First, we need to obtain a permit at The Secretary of Foreign Affairs, but we need to provide at least 4 possible names for that corporation.
2.- Once the permit is obtained, we can help you write down the First draft for the incorporation agreement, and we need to know:
A).- Main Address in Mexico
B).- Who will be the members or partners, the members can be LLC’s or individuals and the distribution of shares
C) Who are going to be the members of the Administration Council, (President, Secretary , Treasury or President and Vice President etc)
D).- Grant Power of Attorney to a Mexican CPA or somebody else.
3.- The Final draft must be formalized by a Mexican Notary Public and registered at the Public Property Registry
4.- Once the Corporation is Registered , we can process:
A).- The inscription at The National Registry of Foreign Investments ( RNIE)
B).- Obtain the Tax ID (RFC) from the SHCP ( Mexican IRS)
C).- The FM3 for the foreign members.
OPEN A RESTAURANT BAR :
This is a little bit complicated because the license to sell alcohol is the most difficult one.
1.- Obtain the environmental impact study and /or risk study , before the Ecology and Sustainable Development Commission of Sonora.
2.- Getting a new license to sell and/or consume drinks with alcoholic content issued:
a).- The cost can be around $ 64,000.00 to $ 100,000.00 Pesos.( sometimes more)
b).- Permit before the City Hall ( this is granted by the municipal council)
c).- Blue print of place with measurements to the corners, by specialist in the matter,
d).-Letter of investment sent by specialist in the matter.
e). - Pictures of the interior and exterior of the establishment,
f).- Copy of incorporation agreement certified by public notary and power of the legal representative , and more ,
To obtain this special permit involves different authorities from Sonora (Health Secretary, City Hall, Treasury department, etc)
BOUTIQUE
1.- Obtain the Tax ID
2.- Permit by the state according to the kind of Clothes ( Leather, imported, etc)