Change Name Change

Use a Trusted Partner to Change the
Name of your Mexican Company

Everything you need to know about Changing Shareholders of a Mexican Company

What is a Corporate Name Change?

Mexican Company names, referred to as a nombre de sociedad or razón social, can be changed freely in Mexico upon approval by the Mexican Secretary of the Economy. It is a multi-step process involving the execution of a notarized corporate assembly resolution, updating the company’s RFC ID registration, and multiple notifications before the authorities. Companies in Mexico very frequently have DBAs, which are distinct and different from the official corporate name.

The number of steps involved and complexity will depend on the number of registrations associated with the Mexican Company, if it has employees, or third-party relationships with banks or other institutions.

Depending on the company, the name change may need to be registered before any or all of the following:

How easy is it to execute a Change in Corporate Ownership Resolution Mexico?

MexInc makes it easy – we collect the required documentation for drafting of the assembly resolution, which may include the complete set of local corporate documents and copies of IDs.
Then a request is filed electronically with the Secretary of the economy to obtain authorization for use of the corporate name.
The new name needs to be completely different from any other legal entity in Mexico on the basis of whether it is likely to cause confusion.
Finally, the new name must be updated one-by-one in government registries and the company’s bank account.
If a company has any special registration like a social security registration (IMSS), a state payroll tax registration (ISN), a subcontracting registration (RPSE) or product regulatory certifications, certain complexities arise because each of the above will need to be updated individually one-by-one.

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If your Mexican Company has only basic registrations and no employees, the process involves...

If your Mexican Company has employees or additional registrations, the process involves...

What Does a Corporate Name Change Involve?

A change in local corporate name involves the preparation of a local shareholders or members assembly resolution and the execution of the same before a Mexican notary public. It is common for the resolution to be drafted by an attorney first and then passed to a notary for execution and filing. The new corporate name must be requested from the Mexican Secretary of the Economy and is subject to nationwide availability

Why use MexInc to assist with Changing the Ownership of your Mexican Entity?

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