When developing a self-employed economic activity, a multitude of commercial agreements are made that give rise to the signing of contracts with clients and suppliers. Private agreements cover all types of operations, from the provision of services to transactions of goods.
The convenience of registration
A private agreement is a valid document that has legal force and is binding on the parties listed in it . If I sign a loan contract privately, I can claim the other party in court in the event of non-payment, since it is not a mandatory requirement that it be recorded in a public deed (signed before a notary) to assert this right.
But the big difference with the public deed is that the latter is binding on third parties. If I want to provide a private agreement with probative value, I may have problems if the other party refuses to recognize it. The acts contained in the public document have probative force, since the notary certifies everything done and declared in his presence. In this way, the public deed acquires legal character and is presumed authentic until proven otherwise.
The private document is canada whatsapp shopping data considered authentic if a judge recognizes it as such; if the party against whom it is opposed in a process recognizes it as such or if it is registered in a public registry. Hence the importance of registering private agreements . At the time of registration, a literal copy is deposited in the receiving agency and our copy is stamped as a receipt, stating the date on which the act is carried out.
This statement takes on special importance if we adhere to the criteria of the Tax Agency . If we take as an example private loan contracts, especially those entered into between related parties such as the company and the partner, we can see that the documentary value of this type of operation is lower if the act is not registered in the appropriate registry .
Loan contracts between individuals or sales are some of the acts that must be registered with greater urgency. The Tax Agency has reservations when it comes to admitting a document in which there is no stamp or label from an official registry. Otherwise, it is impossible to verify the date of formalization of the agreement , and it may be thought that it was improvised at the time of its presentation to the Treasury.