When I decided to start my own company, the first thing I asked myself was: how much will it actually cost me to open a business in Mexico? And I discovered that the answer isn’t that straightforward, because it depends on the location, the type of company, and the services you hire.
What is clear is that formally establishing your business is a crucial step: the articles of incorporation (that paper that’s like your company’s birth certificate) are what gives you legal status as a legal entity. Without them, your project is like a car without license plates: it can run, but sooner or later you’ll have problems.
1. Expenses for establishing a company in Mexico
a) Notary or public broker fees
This is where the big expense begins. The notary is the one who formalizes your articles of incorporation and, if you’re a foreigner, can grant you legal power of attorney to have someone represent you.
👉 On average, fees range between $17,000 and $20,000 MXN . Yes, it hurts a little, but it’s what provides legal certainty.
b) Registration in the Public Registry of Property and Commerce (RPC)
This procedure is mandatory for your company to be officially registered. Depending on the state, it can cost between $1,500 and $5,000 MXN . This includes taxes and fees.
c) Legal and accounting advice
Or I can tell you from experience: it’s better to pay for advice from the start than to have to correct mistakes later. Firms typically charge between $5,000 and $20,000 MXN , depending on the complexity of your business.
💡 Pro tip : With Quickcorp , instead of paying separate fees for notary fees, consulting fees, and registration fees, you make a single payment and that’s it. This includes everything from drafting the articles of incorporation to getting your company up and running, all for $14,500 pesos.
Other expenses after setting up your company
a) Opening a business bank account
Opening a business account isn’t mandatory in all cases, but it is recommended. Banks in Mexico typically require initial deposits of between $5,000 and $15,000 MXN .
👉 Quickcorp doesn’t open accounts for you, but we do provide you with the documentation ready so you don’t get into trouble at the bank.
b) Licenses and permits
If your business is food, healthcare, construction, etc., you’ll need additional permits. Costs range from $500 to several thousand.
c) Recurring expenses
Don’t forget: after opening your business, you’ll need to comply with taxes, Social Security, periodic accounting, etc. This depends on the size of your operation.
Advantages of incorporating with Quickcorp
I experienced it and I’ll tell it like it is: with Quickcorp, the process becomes fast, practical and without unnecessary turns .
What you get with that one-time payment :
- Personalized guidance to help you choose the type of company that suits you (SA, S. de RL, SAS, etc.).
- Support in choosing and registering your company’s legal name with the Ministry of Economy.
- You avoid having to go from appointment to appointment at the notary’s office: you only go once to sign.
- Or if you prefer, the entire process can be 100% digital with an electronic signature .
- Drafting the articles of incorporation without having to rack your brains.
👉 The fixed cost with Quickcorp is $14,500 MXN . There’s no fine print or hidden fees.
Frequently Asked Questions
💰 How much does it cost to start a business in Mexico?
On average, the process costs between $15,000 and $20,000 MXN if you do it the traditional way. With Quickcorp , you can set up your company for $14,500 MXN , all inclusive.
🏢 How to start a business in Mexico, step by step?
- Choose your company’s legal name.
- Defines the type of company (SA, SAS, etc.).
- Draft and sign the articles of incorporation.
- Register in the Public Registry of Commerce .
- Obtain your RFC and e-signature before the SAT .
- Start operations with legal certainty.
⚖️ What types of corporations exist in Mexico?
The most common are: SA, S. de RL, SAS, SAPI and SC .
- The SAS is a favorite among entrepreneurs because it is incorporated digitally and with a single partner.
- SAPI is for those looking to raise investment or grow quickly.
📜 What is a company’s corporate name?
This is the legal name under which your company is registered with the State. It appears on contracts, invoices, and official documents. Note: This may be different from your trademark.
🧾 What is the RFC and why do I need it?
The RFC (Federal Taxpayer Registry) is the key that the SAT gives you so you can invoice, pay taxes, and comply with your fiscal obligations. Without an RFC, your company simply cannot operate legally.