What are the types of companies in Mexico?
There are various types of companies in Mexico. The most common among these are:
1. Sociedad Anónima (S.A.): This means joint stock company and is the most common type of company in Mexico. S.A. represents a company structure in which shares can be publicly traded and owners have limited liability.
2. Sociedad de Responsabilidad Limitada (S. de R.L.): This stands for limited liability company and is often preferred by small and medium-sized businesses. S. de R.L. represents a corporate structure in which owners have limited liability and participate in the management of the company.
3. Sociedad en Nombre Colectivo (S. en N.C.): This means partnership and is often preferred by family businesses or small-scale businesses. S. en N.C. represents a company structure in which all partners have unlimited liability and participate in the management of the company.
4. Sociedad Cooperativa (S.C.): This stands for cooperative and is often preferred by businesses operating in certain sectors such as agriculture, fishing or consumer goods. S.C. represents a company structure in which partners democratically participate in management and share profits. Besides these types of companies, other types can also be found in Mexico, for example, branch businesses, foreign-owned businesses and more. However, those listed above are the most common.
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