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54C H A P T E R I I Ic) Registration of the company before the Ministry of Finance and Public Credit (Secretaríade Hacienda y Crédito Público, SHCP) to obtain its Federal Taxpayers Registry(Registro Federal de Contribuyentes, RFC) number;d) Registration of the company before the Importers and Exporters Registry (Padrónde Importadores y Exportadores), if the company intends to engage in imports andexports;e) Registration of the company in the Mexican Business Information System (Sistemade Información Empresarial Mexicano, SIEM);f) Registration of the company before the Registry of Companies and Establishmentsof the General Office of Statistics and Geography (Registro de Empresas y Establecimientosde la Dirección General de Estadística y Geografía) of the SHCP;g) As soon as the company hires any employee, it must register as an employer andregister its employees before the Mexican Social Security Institute (Instituto Mexicanodel Seguro Social, IMSS), the National Fund For Workers Housing Institute(Instituto del Fondo Nacional de la Vivienda para los Trabajadores, INFONAVIT) and theRetirement Savings System (Sistema de Ahorro para el Retiro, SAR), as well as registeras a tax withholder before the SHCP;h) It is also important to protect in Mexico the industrial and intellectual propertyrights of the company and/or the shareholders, such as trademarks, patents, industrialdesigns, utility models, and copyright.4. The Limited Liability Company(Sociedad de Responsabilidad Limitada)The limited liability company is a company formed among partners who are only obligatedto pay their contributions, and the ownership interests they obtain will not be representedby negotiable instruments, payable to order or to bearer.This type of company, as indicated previously, can exist under either a corporate nameor a business name, and such name must be followed by the words Sociedad de ResponsabilidadLimitada or its abbreviation, S. de R.L.The failure to indicate that a company is a limited liability company can result in allthe partners being held liable without limitation, jointly and secondarily, for the obligationsof the company.4.1. Requirements for Forming a Limited Liability CompanyThe minimum capital with which a limited liability company may be formed is $3,000.00(3 thousand pesos 00/100, Mexican currency). The minimum number of partners thecompany may have is 2 and the maximum 50.

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