Example of Profit Sharing of a Company That Does Not Meet One Year

On many occasions, the employees of some companies feel injured in their rights because the companies do not distribute their profits when they are just in their infancy.

This is because workers see a range of income that does not reach them, so they expect a demand of a labor nature to defend their interests.

Thus, the distribution of profits of a company that is not one year old, are limited by direct legal considerations.

Example of Profit Sharing for a company that is not one year old:

The distribution of profits by a company that is starting and does not complete one year of having started its activities is not It applies precisely because Article 126 of the Federal Labor Law establishes which entities are exempt from the payment of profits.

In its fraction I it says: Fraction I. "The newly created companies, during the first year of operation."

If the Company that has been working since September 2011, as of July 27, 2012 has less than one year in operation, so according to the Federal Labor Law it is not yet obliged to pay utilities.

In addition, section VI establishes that companies that have an income tax less than 300,000 pesos, are also exempt from the payment of profits.

And if in this case a labor lawsuit is filed for not paying the utilities, it is clear that the Litis does not would be in favor of the workers, precisely because the company is within their tolerance range legal.