In order to incorporate a legal entity, it is necessary to follow the steps described below:
- Draft and execute a deed of incorporation before a Notary Public.
- Publish a notice of the incorporation in the Official Gazette and record the incorporation deed before the Public Registry.
- Once incorporated, the corporation must request the approval of the legal accounting books before the Tax Authorities.
- After the books are authorized, the shareholders registry book must be updated accordingly and the share or shares certificates must be issued and executed.
- Incorporation oscillates around two months.
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