In the complex business world, the choice of the type of corporation is crucial for any entrepreneur or businessman. Each type of corporation has its own characteristics and advantages, and the right choice can make all the difference in the success and efficient operation of a business corporation. In Mexico, the most common types of corporations are the Sociedad Anónima (S.A.), the Limited Liability Company, Sociedad de Responsabilidad Limitada in Spanish (S. de R.L.) and the Simplified Joint Stock Company, Sociedad por Acciones Simplificada in Spanish (S.A.S.). The following is a brief description and comparison of these options.
Categoría: Mexican Companies
REMOTE SHAREHOLDERS’ MEETINGS
The holding of shareholders’ meetings is a fundamental requirement for the general operation and decision making within all Mexican companies. However, with the pandemic and the evolution and strengthening of communication technologies that came with it, the meetings and, therefore, the shareholders’ meetings, held remotely and by electronic means. For this reason, the Congress of the Union recently discussed the possibility of Mexican companies holding meetings through these electronic means.