The establishment of commerce: materialize your company

Registering your commercial establishment is a crucial step to grant legal recognition, protect your rights over your commercial name, clientele and other intangible assets, and not only offers you legal protection and support, but also boosts the credibility and formalization of your company, strengthening its position in the market.

Note: It should be emphasized that the commercial establishment does not have legal personality, since the responsibilities fall exclusively on natural or legal persons.

This figure is comprised of items such as inventories, furniture, intellectual property rights, trademarks and any property used for the development of the commercial activity, in accordance with Article 515 of the Commercial Code.

It may be subject to multiple transactions, such as sale and purchase, lease, temporary use, use of the property to pay a debt, and in general, any transaction that transfers, limits or modifies its ownership or the right to manage it. It is important that all these transactions are registered in the commercial registry so that they are legally valid and recognized by third parties.

Commercial companies may develop their corporate purpose through different types of commercial establishments, such as:

• The agency of a company

• The branch of a company

• Retail establishments as such