Update of Data of Partners or Shareholders

On June 15, 2020, the Tax Administration Service (SAT), in press release 021/2020, reported on the deadline for the update of Partners or Shareholders that you might have had in your company.

Like art tells us. 27 of the Federal Fiscal Code, fractions ll and lll, when a company is constituted the Partners or Shareholders are obliged to request the registration in the Federal Registry of Taxpayers in which it is necessary to provide the complete information of its Partners or Shareholders, such data are, domicile, fiscal situation and means of contact that can be e-mail, telephone number, among others.

Also in regulation 2.4.19 of the Miscellaneous Tax Resolution 2020, mentions that when any modification is made to the Partners or Shareholders a notice of modifications in the RFC must be submitted within 30 working days after the modification is made, this procedure can be carried out according to sheet 295/CFF “Notice of update of Partners or Shareholders“, contained in Annex 1-A.

However, if in your company there were modifications or additions with the Partners or Shareholders and you did not submit the notice of modifications you should know that in the article Forty-sixth Transitional of the RMISC 2020, mentions that, if you do not have your information updated with the RFC, You may submit this notice no later than 30 June 2020.This is in order for the authority to have an up-to-date database in which to have accurate data and to identify the Partners or Shareholders of each legal entity registered with the RFC.

So, if you had modifications to your Partners or Shareholders and didn’t file the notice, you have this deadline to be able to present it and fulfill your fiscal obligations so we invite you to come to Bandala | Díaz | García to be able to advise you on the process that you must carry out to send this notice.