The savings corporations are systems of voluntary savings between the workers and some company.
Consists of the voluntary contribution of the employee, without the company to have the commitment of some contribution..
Needs to have a committee.
There need to be rules and regulations.
The advantage of a savings corporation is that it is a more economical means of financing when compared to more traditional products (such as bank loans etc)..
Interest is fixed in accordance with the participants of the savings corporation.
There is no cost to the client.
Frees the company of excessive administrative work.
It allows the operation of the savings to be administered by a third party.
It allows access to the best investment products, tax exempt.
The participant clearly understands how is saving is shaping up.
The employee is able to consult the statement of his account by means of Actinver's website.
Copy of the Memorandum and Articles of Associationalso (known in Mexico as Acta Constitutiva ).
Copy of the Company taxpayer number.
Copy of confirmation of the address of the company.
Rules or statutes (form in which the fund or the savings corporation will be managed).
Copy of the identification of the people that will form part of the committee.
Copy of the official identification of the legal representative.
Note: After the savings fund has been duly constituted, the documents of the company need to be substituted for those of the fund.