Brokers for firms
A broker is a commercial assistant that provides small, medium, and large firms with legal advice specialized on commercial and business matters.
Commercial businesses need a broker that catalyzes diverse tax, social security, and municipal procedures, among others.
A broker must be a law graduate enabled by the Federal Executive through the Secretariat of Economy, who thus will be able of intervening in all commercial acts, with the amplitude that this concept has. Moreover, the individual must comply with obligations between merchants.
A broker may act as:
- Public Notary. Constitution and modification of commercial societies.
- Appraiser. Quantifies the value of all goods and services.
- Intermediary. Impartially exchanges proposals between merchants.
- Mediator. Solves conflicts between merchants without resorting to the courts.
Brokers are enabled by the Secretariat of Economy, who is in charge of examining andauthorizing the functions to be assumed so that complementary services can be provided, including giving public faith and acting as appraisers.
For entrepreneurs and businessmen, to have the advice of a public accountant during the development of business provides them with a greater confidence in the procedures being carried out. They are able to clear doubts and act accordingly.
From the time an idea arises to begin a new business, brokers are capable of orienting the entrepreneur or businessman through the process to avoid any potential risks.
Advantages a business obtains from a broker:
- Personal legal advice.
- Agility during mercantile transactions due to their broad knowledge and experience in commercial matters.
- Protection of the clients’ interests given that a guarantee is granted to respond to the proper exercise of its functions.
- Impartiality in all business in which he or she intervenes, and the obligation of maintaining professional trust.
- Guarantee of legal value because the acts and policies granted by the brokers are public instruments.
- Freedom to settle on the amount of the fees given to the clients, which allows to reach an optimum agreement between the parties.
Though brokers may act with the same validity as public notaries, they are not the same. We encourage you to read our entry: Differences between a notary and a broker to learn more.
In QuAdrans Law and Finance we provide you with brokers that can provide you with legal advice to orient you during any fiscal procedures.
