Opening A Company VS Choosing An Outsourcing Partner
- Payroll
- Recruiting and human resources
- Itemized invoicing
- Mexican accounting and taxes
- Facilities and infrastructure management
- Purchasing and vendor sourcing.
Intugo is also a strong option for companies expanding BPO customer service in Mexico. Our model supports businesses that want to retain control while accessing top bilingual talent and nearshore infrastructure. Unlike traditional BPO call center companies, Intugo enables you to build your own team, ensuring transparency and flexibility.
However, parties that open a company in Mexico without entering into a partnership with a nearshore service provider such as Intugo must follow the steps outlined below.
Request name authorization at the Ministry of Economy to open a company in Mexico
Notify use of denomination
Make sure that the notary who signed your articles of incorporation also informs the Ministry of Economy about everything related to the new company, including its partners, its name, and the formal presentation of the company. This step is crucial to ensure compliance with legal requirements.
Register the minutes with the RPPC
To open a business in Mexico, you must first register your certificate before the Public Registry of Property and Commerce (RPPC). Afterward, this governmental body takes charge of protecting and monitoring companies. Additionally, the registration fee is determined based on the state where you register the company.
Register the company in the SAT
You must have your Federal Taxpayer Registry to obtain the RFC of your company. Then, with the RFC number, you can issue or receive invoices and have your finances in order with Mexico’s tax authority, the SAT.
Register the company with the IMSS
It does not matter if there are only two people in the company; nevertheless, you need to register with Mexican Social Security (IMSS) in order to hire personnel or future partners. This way, you can offer them this legal benefit while also avoiding potential fines from the institution.
Register with the required organizations
Nevertheless, depending on the type of business activity, you may have to comply with additional registrations. For example, this could be with the Ministry of the Environment or the Mexican Institute of Intellectual Property.
If you’re planning to launch customer service BPO, you’ll want to ensure your company is properly registered for data compliance and labor laws that apply to call center BPO companies.
Moreover, you need to have your papers in order, define your goals, and start the paperwork to open a business in Mexico! According to a World Bank report, Mexico is the best country in Latin America to do business.
How much money is needed to open a company in Mexico?
According to BANCOMEXT data, 89% of entrepreneurs started their business with their own money, and only 3% received some investment. We know that finances are often a delicate subject, but if you are ready to open a company in Mexico, you must know how much money you need.
It all depends on the type of business you want to open in Mexico. The prices of procedures required to do this commonly range between USD 1,000 and USD 2,000, taking into account:
- Cost of preparation of the constitutive act: between USD 900 and USD 1,200.
- Registration to the RPPC: This expense is approximately USD 120.
- Other records (depending on the sector) cost between USD 200 and USD 300.
If you’re entering the market to build a call center BPO team, costs can vary depending on your compliance needs and setup scale. That’s where a partner like Intugo can reduce upfront delays.
Now that you know how much it costs to open a company in Mexico, you may be wondering, for instance, how long it takes to complete the process. In general, the duration will depend on the type of business; however, the approximate time is between 30 to 45 days.
Types of companies you can create in Mexico
- Industrial companies: They are dedicated to manufacturing goods from raw materials.
- Manufacturing companies are in charge of transforming raw materials into production goods.
- Commercial companies sell the final product and are related to the producer and consumer.
We can also classify them depending on the level of shareholders and capital. They can be microenterprises, small or medium-sized companies ( SMEs ), or social and private companies. The established company type depends on the product or service you offer.
If you’re aiming to create or expand customer service BPO processes, company structure and registration type will be key for compliance and operational control.
Establish a business in Mexico individually or in partnership: What is the difference when open a company?
Natural person
You remain the absolute owner of the company, taking complete charge of the business obligations before the law.
Moral person
The company is constituted of partners and shareholders. Here, it is crucial to verify the different types of companies in Mexico. Specifically, the Mexican General Law of Commercial Companies recognizes the following in its first article:
- Public Limited Company (SA): The amount of contributions determines the partners. Business decisions are made by vote based on the percentage of capital owned.
- Limited Liability Company (S. de RL): This type of business comprises a maximum of 50 members. Moreover, actions that limit or expand the distribution of profits between partners are allowed within this structure.
- Sociedad por Acciones Simplificadas (SAS): This form of business can be established by a natural person, electronically, and without the need for a notary. Therefore, it is ideal for small businesses, especially since the annual income can be, at most, approximately USD 300,000.
- Cooperative Society (SC): This type of business requires at least five partners to be incorporated. Furthermore, all partners will have the same rights and obligations, regardless of their contribution amount.
Conclusion For Open A Company In Mexico
Unquestionably, the seven steps mentioned before are crucial for starting a company in Mexico as a stand-alone entity. Nonetheless, by partnering with Intugo, you can simplify the process and run your business more efficiently. This approach allows you to focus on your core competencies while avoiding the intricacies of doing business in Mexico.
This approach is particularly helpful for companies building or expanding BPO customer support operations or exploring call center BPO options in Mexico. You gain access to top bilingual talent, secure infrastructure, and expert HR support—without the need to build everything from scratch. With Intugo, you stay in control. We help you expand.
Contact Intugo to build your team today.
