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What is a General Assembly of Condominium Owners?

The law establishes the General Assembly of Condominium Owners as the supreme administrative body that will govern the organization and social functioning of the Condominium Property Regime. A General Assembly is necessary for a condominium to carry out its administration responsibilities and to generate a healthy coexistence among the owners through orderly and regulated voting.  The General Assembly must be governed by a public deed that stipulates the organization and administration of the condominium, in addition to designating a person in charge of carrying out these tasks. These are normally carried out in either ordinary or extraordinary assemblies.  Ordinary assemblies must be...

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How to Create a LLC or Corporation as a Shareholder in Mexico

When doing business in Mexico you may need to set up a Mexican corporation, and Mexlaw’s team of expert lawyers can lead you through the necessary steps. Mexlaw will show which documents you will have to provide and how to how to fill in the necessary forms. First, you will be required to complete the form in which you will provide your company’s information (the Foreign Legal entity Shareholder): names, shareholders, type of business, etc. In that form you will be asked to attach certain documents; note that MexLaw uses high security decryption to guarantee that your data is secure. We...

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