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Corporate Roll Off

Date post: 03-Mar-2016
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Proceso para desincorporación corporativa

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CORPORATE ROLL-OFF PROCESSAntonio Perez AvilaWhat it isA corporate operations transfer commonly known as Corporate Roll-Off is a series of tasks that need to be undertaken when a company decides to terminate the services of his shelter provider and establish its own directed production process.

2SheltersShelters are corporations that provide other companies with the overall services needed for production, some of those are:AccountingLabor Import/Export LegalHuman ResourcesTransportationAmong othersThe reason shelters exist in Mexico is primarily because production in the US can be very expensive for corporations. Mexican workforce and overall producing in Mexico is less costly.Mexican Import/Export Program IMMEX allows foreign companies to temporarily send raw materials to Mexican Corporations for them to transform them into final products and then send them back to its place of origin.

Case StudyI am currently overseeing and directing a Corporate Roll Off for a company that produces art, paintings and dcor.The parent company is located in the USThey have a shelter provider here in MXThey want to leave the shelter and establish their own production processThe parent company wants to send raw materials to Mexico so that its subsidiary transforms them into final products and then it exports them back to the USThe tasks I must undertake are:Incorporate a Mexican corporation who will be in charge of producing and exporting the final productsPrepare the incorporation charter and by-laws of the new companyFile for the obtainment of Import/Export program IMMEXPrepare powers of attorney for legal representatives and Board of Directors

Terminate Production Services Agreement with ShelterElaborate new Product Services Agreement with recently incorporated MX corporationRegister the company upon the Foreign Investment DepartmentObtain Migratory PermitsObtain Environmental PermitsOversee and supervise Tax, Labor, Import/Export, Human Resources transfer. USA

MEXICOUSA INCORPORATED, INCUSA INCORPORATED DE MX, S.A. DE C.V.Sends back finished products to the US to the Parent CompanySends raw materials to MX to its subsidiaryUndertakes the production process.Transforms into final productParent CompanySubsidiary


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