OCTIS vs SAS vs SA de CV vs S de RL de CV in Mexico
A free online company with a revenue cap, against two notary-made companies with no cap.
Last checked · 6 sources
Otty's short answer
The SAS is free and online at tuempresa.gob.mx, but it is limited to individuals and to MX$7,678,849.94 of revenue in 2026. A SA de CV or S de RL de CV costs a notary fee but has no cap and can have company shareholders. Pick the SAS for a small local business. Pick one of the other two for investors, growth or foreign owners.
Side by side
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| What matters | OCTISHong Kong company + OCTIS global plan | SAS | SA de CV | S de RL de CV |
|---|---|---|---|---|
| Setup cost | At least 10% below any qualifying quote (Lowest Price Guarantee); government fees and first-year company secretary included | Free, online | Notary + fees, quote-based | Notary + fees, quote-based |
| Notary fee (law-firm guide) | Not needed for the Hong Kong company; local rules apply if you trade there | MX$0 | MX$12,000 to 25,000 | MX$10,000 to 20,000 |
| Minimum partners | At least 1 director (an individual) and 1 shareholder | 1 | 2 | 2 |
| Who can own shares | 100% foreign ownership allowed | Individuals only | Individuals or companies | Individuals or companies |
| Annual revenue cap, 2026 | Not needed for the Hong Kong company; local rules apply if you trade there | MX$7,678,849.94 | None | None |
| Minimum capital | No minimum capital | None stated | Guide says MX$50,000. Unconfirmed | Guide says MX$3,000. Unconfirmed |
| Company name permit | Not needed for the Hong Kong company; local rules apply if you trade there | Online, no cost | MX$1,855 (guide) | MX$1,855 (guide) |
| Statutes | Not needed for the Hong Kong company; local rules apply if you trade there | Standard template | Fully custom | Fully custom |
| Supervisory body | Needs a Hong Kong company secretary (OCTIS's TCSP-licensed partner) | Not required | Comisario required | Only above 25 partners (guide) |
| Foreign owner | Yes, 100% foreign ownership allowed | Not stated by official page | Yes, foreign investment | Yes, foreign investment |
| Share form | Not needed for the Hong Kong company; local rules apply if you trade there | Shares | Shares | Partnership interests |
If you have staff, premises or local sales in this country, its own registration and tax rules still apply. OCTIS can help you arrange them.
Data sources & disclaimer: Comparison data was compiled from publicly available sources — including the competitors' own published pricing and feature pages — captured on 9 November 2026. Figures reflect the typical or advertised pricing at that time and may have changed since; plans, inclusions and prices vary by provider, region and promotion. OCTIS is independent and not affiliated with the named companies; all trademarks belong to their respective owners. This comparison is provided in good faith for general information only and is not professional, legal or financial advice — please verify current details with each provider before deciding.
Which one fits you
OCTIS · Hong Kong company + OCTIS global plan
Choose OCTIS if your team is spread out and you want a Hong Kong company, accounts, banking and CRM in one place.
SAS
Choose a SAS if you are one or a few Mexican individuals, revenue stays under the cap, and you want a free company in a day.
SA de CV
Choose a SA de CV if you will take investors, issue shares freely, have a company as shareholder, or expect to pass the SAS cap.
S de RL de CV
Choose a S de RL de CV if you want fewer formalities than a SA, with up to 50 partners and no revenue cap.
What the table does not show
The SAS: free, fast, and capped
The Secretaría de Economía lets one or more individuals form a SAS online at no cost. Every shareholder needs an e.firma, and no shareholder can hold a decision-making role in another commercial company. The cap on yearly income is updated each year. For 2026 it is MX$7,678,849.94, set in the DOF on 26 December 2025. Past the cap, the company must change type. A Senate proposal to lift the cap was still in committee in May 2026.
SA de CV and S de RL de CV: notary, but no cap
Both go through a notary and the Public Registry of Commerce. One Mexican law-firm guide puts notary fees at MX$12,000 to 25,000 for a SA de CV and MX$10,000 to 20,000 for a S de RL de CV, plus a MX$1,855 name permit. The SA needs a comisario and yearly shareholder meetings. The S de RL limits partners to 50 and is lighter. These are one firm's published ranges, so ask a notary for a current quote.
Foreign founders
The official SAS page says the company is formed by individuals and that every shareholder needs an e.firma, and it does not address foreigners. One 2026 tax-firm note says RFC registration for a SAS now needs an in-person SAT appointment. The same law-firm guide says foreign investment is allowed in a SA de CV or S de RL de CV outside restricted sectors. A foreign founder should plan on one of those two and confirm with a Mexican lawyer.
Where OCTIS fits
OCTIS does not set up Mexican companies. If you run a Malaysian or Hong Kong company and open a Mexican subsidiary, the two sets of books need to agree. OCTIS keeps the home company: company secretary, bookkeeping and tax, and can work from the subsidiary's statements. Ask about 10–30% off your current bill if you pay someone else for that today.
Frequently asked questions
What is the SAS revenue limit in 2026?
MX$7,678,849.94 of total annual income, which is the 2025 cap of MX$7,398,448.74 times a factor of 1.0379, published in the DOF on 26 December 2025. The Secretaría de Economía resets it each year, so check the figure again each January.
Can a foreigner form a SAS in Mexico?
The official page says only that shareholders are individuals with an e.firma and does not mention nationality. One law-firm guide says foreigners cannot, and it is inconsistent on the reason. Treat it as unconfirmed and ask a Mexican lawyer before you rely on it.
Does a SAS need a notary?
No. The SAS is formed online through tuempresa.gob.mx with each shareholder signing with an e.firma, and the process is free of charge. A SA de CV or S de RL de CV needs a notary or public broker.
What happens if my SAS earns more than the cap?
The company has to change into another type, such as a SA de CV. A tax-firm note says it can lose limited liability if it does not. Plan the change before you reach the cap, because it takes a notary and a new deed.
Will the SAS cap be removed?
A Senate initiative would exempt a SAS owned by one individual after its first year, with some conditions. As of 20 May 2026 it was still in committee and the current rules applied. Check the Senate record before you count on it.
Sources
Checked on the date above. Links open the provider's or regulator's own page.