The corporate purpose is not to limit but not to overflow

Speaking of business, when we come up with the idea of ​​setting up a business selling products or services. What comes to mind first is what we are going to offer specifically. And then what has to do with the logo and the corporate image in general, at least in a very rustic way. Since the product and the identity are elements that push us to carry out a business plan.

Very rarely (if not almost never) does the mind of the entrepreneur or businessman. Even focus on the legal aspects that they have to carry out including the important step of legally. Etablishing the company. Even in this scenario, they think more about registering the name, contractual elements and, as it is in their mind. Possibly the importance of registering the trademark.

Own constitution

And this time we are going to focus on what a constitutive act entails, on something so simple that it requires all our attention beyond. The recommen shopify payment gateway integration dations that our public notary can give us. Since although he has all the experience to tell us what to do and how to do it. Only we will know what our business is going to be dedicate to and what it is going to cover.

constitution and corporate purpose

The object that does not object to it
The corporate purpose is nothing other than what the company we are creating is going to be ddicatd to. Which serves, internally, to know what we should invest in and where we should focus the company’s efforts; however, with respect to the partners. It is useful to delimit the tasks and how they are going to be carrie out without being able to perform other functions that are outside the reason for being of the legal entity.

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Thinking about the corporate purpose also means thinking about third parties, that is, that other people and, particularly, the authorities, know what our line of business is and act accordingly, protecting us and allowing us to perform functions that are closely relate to it.

Legally, what is eaten?

Now, up to this point you may be wondering why it seems that I am talking more about administrative or organizational issues than about legal aspects. Since that is what I am paid to do. The reality is that it is linke and has the intention of not overlooking the importance of having a solid and unambiguous corporate purpose.

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Normally, a shareholders’ meeting is held in which the purpose the statutes and. The way of governing are outlined; the reality is that the notary. Or broker sends us a questionnaire with the generalities of the company and they write it down based on their experience or pre-establishd formats. Leaving us a s atb directory mall margin for writing. However this is done for ease of procedure. Since, of course, the writing can be done by us so that the notary can properly notarize it. The above causes the purpose of the company to remain in a simple paragraph. And not to point out all the veins that our business will have, in such a way that the notary complements. It with some other specific objectives, that is, as if it were a matter of putting in a box everything that occurs for a legal entity.

The reason for specifying the corporate purpose and defining it correctly basd on our business plan has its legal element when it comes to two issues: the labor aspect and the tax aspect.

Limite outsourcing

On the one hand, the labor issue has to do with subcontracting, better known in the “invoicing” neighborhoods as outsourcing. With the recent labor reform, subcontracting has not been prohibite however. The most solid requirement to carry it out is that services are subcontracted. That are not within our commercial activity, in effect, that are not within our corporate purpose.

The above is to avoid simulations and affect our workers. So, if we have a corp it is a moving structure. orate purpose that is quite extensive and ambiguous. It may mean that we cannot subcontract services because. Strictly speaking, we carry them out, such as leasing, accounting, company administration, among other things.

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