1. Due to ceasing to exercise the activity that constitutes its corporate purpose, understanding that the cessation comes into effect if the company is inactive for more than one year.
2. Due to the conclusion of the company and its declared purpose.
3. Due to the clear impossibility of achieving its corporate objective.
4. Due to discontinuation of the corporate bodies, making further operation impossible.
5. Due to losses that reduce the net worth to an amount lower than one half of the capital stock, unless this amount increases or decreases to a sufficient extent, and provided that it doesn't result in a declaration of insolvency.
6. Due to a reduction of capital stock under the legal minimum.
7. As a result of the nominal value of the company shares or stock without voting rights exceeding one half of the disbursed capital stock, with the correct proportion not being re-established within two years.
8. For any other reason established in the statutes.
Additionally, a company will be rightfully dissolved following expiry of the time period set in the corporate charters; or if, after a year from the agreement to reduce capital stock to an amount under the legal minimum required by Law, the company has not registered its transformation or dissolution with the Commercial Registry; or the capital increases to the legal minimum.