Corporate Center

What is the Corporate Center?

At legalmind.mx (lmmx) we have designed an integral legal service specially focused for startups and scaleups in Mexico City. Our objective is to support these companies in any of their stages, that is, from their birth (incorporation) and / or development in: (i) the update of corporate obligations, (ii) order and protection of corporate records, and d) the elaboration of an ordered data room to expedite the consultation of the corporate records.

 

How does it work?

The lmmx Corporate Center operates through annual memberships. Clients wishing to acquire a membership may do so at any stage of the company, for a minimum period of 1 (one) year. If at the end of such period you do not want to continue with the service, all your documents will be returned immediately.

Birth and development

You can access the benefits of the Corporate Center at any stage in which your Company is situated.

Updating Corporate Obligations

Once you acquire your membership, the lmmx Corporate Center will take care of updating the corporate obligations of your Company.

Order, shelter and Data Room

We know how important it is to maintain order regarding the corporate records. Therefore, you will have the certainty that your corporate documents will always be in the hands of an specialist, knowing that you can consult them at all times in the Data Room (Google Drive) built specially for your Company.

Corporate Summary

You will have access to a Corporate Summary with the most relevant and concurrent data of your Company.

Investment

In order to offer you an adequate membership that specially fits your needs, we need to make an assessment of the current situation of your Company; afterwards and according to the results of such study, we will offer you any of the following memberships:

Startup

From 0 to 2 years of operation, or from 1 to 3 corporate records.

$1000 USD membership

 

  • Incorporation (if not existing)
  • Preparation of corporate books and share certificates (initials)
  • Physical and digital custody (data room based on a due-diligence checklist)
  • Review of the company’s registration status
  • Annual ordinary meeting minutes (includes regularization of past due years)
  • Includes registration to the National Registry of Foreign Investment as well as updating and/or regularization of obligations
  • Advice for Publications on the Ministry of Economy’s website
  • One hour of legal advice with the Corporate Center ( not cumulative)
  • Corporate summary.

Scaleup

Between 2 to 4 years of operation, or 4 to 8 corporate records.

$1500 USD membership

 

  • Preparation of corporate books and share certificates (initials);
  • Physical and digital custody (data room based on a due-diligence checklist);
  • Review of the company’s registration status;
  • Annual ordinary meeting minutes (includes regularization of past due years);
  • Includes registration to the National Registry of Foreign Investment as well as updating and / or regularization of obligations;
  • Advice for Publications on the Ministry of Economy’s website;
  • Two annual hours of legal advice with Corporate Center (non-cumulative);
  • Corporate Summary.

Consolidated company

3 years of operation or more, or more than 9 corporate records.

$2000 USD membership

 

  • Preparation of corporate books and share certificates (initials);
  • Physical and Digital Custody (data room based on a due-diligence checklist);
  • Review of the company’s registration situation (includes regularization);
  • Annual Ordinary Assembly Minutes (includes regularization of past due years);
  • Includes registration to the National Registry of Foreign Investment as well as updating and / or regularization of obligations;
  • Corporate summary;
  • Advice for Publications on the Ministry of Economy’s website;
  • Three hours of legal advice per year by the Corporate Center (not cumulative).
Legal Opinion

In order to obtain a membership in the Corporate Center, all clients must make an initial investment of $400 USD, in order for our team to develop a legal opinion, which will detail all the legal requirements to be met by the Company in the short and medium term; likewise, through such opinion we will determine the type of membership to be offered to the client. The type of membership to offer is directly related to the corporate records of the Company and will generally include the following information:

  • Recommendation regarding the most suitable type of company to be incorporated (if not incorporated).
  • Description of the maintenance obligations of such company.
  • Results of the investigation regarding the registry backgrounds: (i) recommendation of omissions to be corrected, (ii) recommendation of Membership Startup, Scaleup or Consolidated Company.
  • Determination of Foreign Investment obligations.
  • Recommendations on: (i) trademark protection, (ii) ownership of intellectual property.
  • Regulatory issues that the Client must consider, according to their business model, will also be described.
  • The particular needs of the Client will be described, regarding T & Cs and Privacy policies.
  • The different hiring assumptions (civil vs. labor) will be described, so that the client knows the different modalities in order to makes the best decisions.
  • The basic obligations of the Company, in terms of taxation, will be described.
Billing

All matters related to payments and invoices will be managed by Andrea González admin@legalmind.mx, she will generate the corresponding invoice during the first day of each month.

Assumptions

It is assumed: (i) that the client will provide all the information required for the correct execution of the project without delay, (ii) that the rates described do not include VAT (taxes), if applicable, (iii) that any element not contemplated in the present Project will be quoted separately, (iv) that the client will be in charge of any related accounting / fiscal issue, (v) that the client, in order to regulate its relationship with LMMX, accepts the terms and conditions of LegalMindMX, SC, which are available at www.legalmind.mx

Notes

All annuities will be paid in advance and no fee for membership includes: VAT, notary fees, payment of fees, fees or taxes, as well as the payment of fines attributable to omissions of the client.