Amendments to a Corporate Charter in Mexico
In Mexico, amendments to a company’s by-laws or articles of incorporation (corporate charter) require the use of a notary. Amendments may include adjustments to capital value, changes to powers of attorneys, ownership structure, powers of the board of directors or general assembly…etc. It is important to make sure your business is structured in a way that works best for the nature of your business, the diffusion of power between officers, shareholders and company directors.
Unfortunately, sometimes these changes do not become obvious until after business has started.
- Withdrawal of shareholders or members.
- Changes to management structure.
- Expanding or increase decision making authority of General Shareholders Meetings or Board of Directors.
- Changes to corporate purpose.
- Increases or decreases in capital stock.
MexicanIncorporation.com can advise customers and carryout any necessary changes to your company’s foundation documents such as its bylaws, constitution or powers of attorney. Particularly if you do not reside in Mexico but do business here, we can take care of just about anything without the customer having to incur the expense of travel to Mexico.