Can you legally hold shareholder meetings over Zoom in Mexico?

Mexico just went digital — even in corporate law.
Recent changes to the General Law of Commercial Companies (LGSM) now allow corporate meetings to be held virtually through Zoom or similar platforms. If your company operates in Mexico and hasn’t updated its bylaws, you could be violating the law without even knowing it.

Here’s what changed — and why it matters for your business.

✅ Virtual meetings are now legal (but come with conditions)

The updated LGSM allows companies to legally hold:

• Shareholder meetings via Zoom or equivalent platforms
• Board and management meetings using electronic, optical, or any functional digital technology

But there’s a catch:
For these meetings to be legally valid, your company must:

• Implement mechanisms to verify the identity of participants and their votes
• Generate real-time digital evidence of participation and decision-making

⚠️ Why this matters for U.S. companies operating in Mexico

If your business has operations or subsidiaries in Mexico, this reform directly impacts your corporate governance.

Let’s say your U.S.-based company holds its annual shareholder meeting for the Mexican subsidiary over Zoom — without updating the company’s bylaws in Mexico. A shareholder challenges the meeting’s validity.
Result? The decisions made could be annulled, leading to legal uncertainty and compliance risk.

What your company should do now:

1. Review your current bylaws
2. Update clauses to authorize virtual assemblies
3. Implement secure protocols for digital voting and attendance
4. Ensure compliance with the latest LGSM reforms

Upgrade your corporate governance in Mexico

This reform is a big step toward modern, efficient decision-making — but it requires the right legal structure. At Singular Law, we help companies like yours update their bylaws and adopt compliant governance practices in Mexico.

📩 Request a free bylaws review today and make sure your company is in full legal compliance.