Annual General Meeting of Partners or Shareholders
Annual General Meeting of Partners or Shareholders
Every year, within the four months following the closing of the previous fiscal year, according to the Law, The Entities must meet at the assigned corporate domicile to hold the annual ordinary general meeting.
The importance of holding the Annual Meetings consists by complying with the general provisions in accordance with the Mexican Corporations Act and keeping the company up to date in matters of Corporate Compliance.
The main purpose of the annual meetings is to Discuss, approve, modify, or disapprove the balance sheet corresponding to the previous year's fiscal year and to take the measures they deem appropriate.
Likewise, among other matters to be discussed at the meeting are the following:
Discussion, approval or modification of the report of the Directors or Managers and Statutory Auditors accordingly.
The appointment or ratification of the Directors or Board of Directors and Manager or Board of Managers, as well as the Statutory Auditors, as applicable.
As well, it may also include the determination of the corresponding remuneration to the Administrators, Managers and Statutory Auditors, as applicable, when they have not been established in the bylaws.
At BDO we have a specialized team that will be able to provide you with the advice and execute the necessary procedures to keep your company up to date and comply with this obligation.
The importance of holding the Annual Meetings consists by complying with the general provisions in accordance with the Mexican Corporations Act and keeping the company up to date in matters of Corporate Compliance.
The main purpose of the annual meetings is to Discuss, approve, modify, or disapprove the balance sheet corresponding to the previous year's fiscal year and to take the measures they deem appropriate.
Likewise, among other matters to be discussed at the meeting are the following:
Discussion, approval or modification of the report of the Directors or Managers and Statutory Auditors accordingly.
The appointment or ratification of the Directors or Board of Directors and Manager or Board of Managers, as well as the Statutory Auditors, as applicable.
As well, it may also include the determination of the corresponding remuneration to the Administrators, Managers and Statutory Auditors, as applicable, when they have not been established in the bylaws.
At BDO we have a specialized team that will be able to provide you with the advice and execute the necessary procedures to keep your company up to date and comply with this obligation.