Definition of Articles of Incorporation

When forming a company, one of the steps to take is to formalize the type of company to be established before a notary public. East legal act is he minutes constitutive of a company.

Among other issues, it will specify its bases, purposes, members, the specific functions that will touch them. perform each of these, the authenticated signatures of them that will serve to account when the time comes of having to try the identity of any and all information of importance and fundamental of the society that is constituted.

Just as a person at birth is registered through a birth certificate, when a company is founded it is also necessary to translate into a document its legal nature according to the laws of each country.

The articles of incorporation is a mandatory legal requirement that any type of entity must comply with when formalizing its registration.

The content of the articles of incorporation must include the fundamental information about the company or type of company

The first thing to consider is the name of the company. The exact amount of the social capital of the entity, that is, the economic contribution made by each of the partners. The object of the company has to specify in detail everything that said company intends to do (A company will not be able to carry out an activity if it has not previously been defined among the initial functions).

As is logical, in the document of the minutes it is necessary to specify the registered office of the entity and the different positions of representation of its members with their corresponding signatures.

Types of companies

In the content of the articles of incorporation it is also necessary to establish what type of company or company is going to be formalized.

A commercial company is a legal person that undertakes to make some type of contribution, whether in capital, labor or knowledge. Companies can be classified into the following sub-sections: partnerships, capital companies or mixed companies. The first are those in which all the partners that form it are known and the main component of them are the partners of the entity (the general partnership and the simple limited partnership are examples of this modality).

In capital firms, what is relevant is the amount of the contributions of each partner (examples of which would be the anonymous society, the limited partnership by shares or the simplified joint stock company).

In those of a mixed nature, the objective is to create an entity that can complement a capacity of I work with the values ​​and talents of other people who in turn provide the necessary capital (the society of responsibility limited is the most significant within this modality).