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ARTICLE · 14 APRIL 2016

墨西哥引进首家一人公司:简化股份公司(英文版)

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On March 14, 2016, the decree creating the Simplified Stock Corporation, the first single-member corporation in Mexico, was published in the Federal Official Gazette.

MexicoCorporate/Commercial Law

On March 14, 2016, the decree creating the Simplified Stock Corporation (Sociedad por Acciones Simplificada, or "SAS"), the first single-member corporation in Mexico, was published in the Federal Official Gazette. 

The main features of the SAS are the following:

  • The corporation may be electronically incorporated by one or more individuals, with no further requirements.
  • The total income of a SAS cannot exceed $5'000,000 (five million Mexican pesos).
  • Registration before the Public Registry of Commerce, as well as the submission of the annual financial report, will be made available in electronic format.
  • The corporation's existence will be evidenced by a document electronically generated by the Ministry of Economy's website during the corporation's formation.

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