SMES are opting for the suspension of activities

Faced with the health declaration announced in recent months by force majeure, derived from the coronavirus epidemic (COVID-19), the economic crisis has affected both individuals and legal entities, because they do not have sufficient income to maintain their business due to lack of liquidity, this is why several of them (Smes) are opting for the suspension of activities.

It should be mentioned that the procedure for suspension of activities for natural persons and for legal entities is different, in accordance with article 29 of the Regulations of the Federal Fiscal Code, which provides that natural and legal persons may submit the notice of suspension of activities to the Federal Taxpayers Registry. However, for legal persons (Smes), in accordance with regulation 2.5.12 of the Miscellaneous Resolution 2020, indicates that it must meet certain requirements, such as:

• That the tax domicile of the taxpayer is located.
• That your compliance opinion is positive.
• That are not listed in 69B.
• That the CSD has not been temporarily revoked or restricted.

We know that many natural and moral people are having problems with their economy, which is why we invite you to contact us. Bandala | Díaz | García we advise you on the strategies you can apply so that you do not suspend your activities, likewise we invite you to know our social networks where you can keep informed with relevant news that can be of help.