Company formation in Mexico is the first step for a foreigner to start a business in the country. There are many business opportunities across key industries, and Mexico has a very open foreign investment policy. And, although Mexico is indeed a bureaucratic country, don’t worry; we are here to help. If you
The IMMEX program requirements are plenty. IMMEX represents the pinnacle of Mexico’s export promotion strategy, offering a powerful suite of fiscal benefits that have positioned the nation as a global manufacturing leader. For a Mexican company, securing an IMMEX registration is a transformative step, unlocking the ability to compete on
Starting a manufacturing operation in Mexico is a powerful strategic move for global businesses. At the heart of this strategy lies the IMMEX program, a sophisticated framework designed to position Mexico as a premier hub for export manufacturing. However, to leverage the program’s full potential, one must understand that it
For foreign enterprises planning to establish manufacturing operations in Mexico, the choice of market entry strategy is a critical decision with long-term financial and operational implications. The landscape of available options is complex, but among them, the IMMEX Shelter Program stands out as a uniquely powerful framework. It is expertly
Prosec Mexico can benefit your operation. For international manufacturers, Mexico’s IMMEX program is the cornerstone of a competitive North American production strategy. It provides the invaluable ability to temporarily import raw materials and components duty-free, creating a powerful engine for export-oriented manufacturing. However, the benefits of IMMEX are primarily designed
For companies in Mexico’s IMMEX program, effective cash flow management is a critical success factor. While the program eliminates duties on temporary imports, navigating the Value-Added Tax (VAT, or IVA) and the Special Tax on Production and Services (IEPS) presents a major fiscal hurdle. The government’s solution is the VAT
For companies operating under Mexico’s IMMEX program, managing the deferral of import duties is a primary benefit. However, a crucial aspect of fiscal compliance involves the Value-Added Tax (VAT, or IVA) and the Special Tax on Production and Services (IEPS). This requires adherence to the Annex 31 IMMEX framework for
The IMMEX program provides a framework for companies to import goods into Mexico for manufacturing and assembly, provided that the final products are exported. A specialized component of this framework is the IMMEX virtual operation, a customs mechanism that addresses transactions occurring between two separate IMMEX-certified companies within Mexico. This
IMMEX Annex 24 can be a pebble in your shoe if you don’t learn it correctly. You’ve heard the pitch for the IMMEX program. Duty-free temporary imports, a significant VAT exemption, and a strategic position for nearshoring—the benefits for manufacturing in Mexico as of 2025 are compelling and clear. They
Telework in Mexico, like everywhere else, became very popular during the COVID-19 pandemic. However, Mexico’s employment laws have regulated it since before that. Firstly, let us remember that lawmakers created the Mexican Federal Labor Law (LFT) in 1970. Back then, there was no internet and no remote work. However, there have
REPSE is a special registry for Mexican companies that outsource personnel. Outsourcing law in Mexico changed radically in 2021, implying a profound change in many of Mexico’s employment laws. It is essential to distinguish what outsourcing means in this context. Our law perfectly allows companies to utilize outsourcing, a business practice
Mexico’s child labor laws regulate employees younger than 18 years old. Mexico is committed to eradicating child labor, so lawmakers draft our laws according to the International Labor Organization’s framework. Minors can work from age 15 onwards and have special employee benefits and regulations. Mexico’s Federal Labor Law has a Title
Labor agreements in Mexico are very important, and the trial period in Mexico, too. As we have discussed in other articles, Mexico does not have “at-will employment,” which is the ability of an employer to terminate a labor relationship for any reason and without any consequences. Lawmakers created Mexican employment
The work week in Mexico is usually 48 hours, but that varies according to the employee’s shift. Mexico’s overtime laws kick in if an employee exceeds the legal maximum. Lately, there’s been a lot of pressure on lawmakers to create Mexico’s 40-hour work week. We will discuss everything in this
Severance pay in Mexico may seem complicated, but it boils down to two things: paying the accrued benefits up to that moment, known as finiquito, and paying the severance. This is important to know if you want to start a business in Mexico. But let us start from the beginning.
Starting operations in Mexico?
