The Draft of the Articles of Incorporation are the company’s incorporation contract. They must contain detailed information about the company to be established (Identification of Founding Partners, Corporate Purpose, Bylaws, description of executive roles). The Draft of the Articles of Incorporation must be signed by a lawyer.

If contributions for incorporation are made in cash, a bank account must be opened at a financial institution. To open this account, the presence of the company’s representative, who is in the process of incorporation, and a copy of the Draft of the Articles of Incorporation stamped with the notary’s receipt of the filing are required. This account will be used to deposit the contributions that will form part of the company’s capital stock.