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Over the past couple of years, we’ve written more than once (and here) that Mexico is fast-increasing in importance as a manufacturing hub, especially for businesses targeting the U.S. market. To recap, as global companies seek to diversify their supply chains, Mexico offers proximity to U.S. markets, modern infrastructure, access to ports for global distribution
For a variety of reasons, many companies are rearranging their supply chains, and many of those that target U.S. consumer markets are moving manufacturing to Mexico. We’ve written about “Omicron and Supply Chains: Buckle Up” here, and we wrote about manufacturing opportunity here in “President López Obrador Tells It Like It Is at North American
In a previous post, I outlined the options for entity formation for companies establishing a presence in Mexico, noting that Mexico Representative Offices “cannot enter into legal transactions in Mexico but can promote the products or services of the foreign company, or conduct activities such as market research.” Mexico Representative Offices can sign contracts on
Family business succession planning is critically important but far too often ignored or kicked down the road. Are you watching “Succession”? It’s an HBO drama on a family business that is a barely veiled satire of the succession drama that seems to have been playing out at Rupert Murdoch’s News Corp. for the past three
The US-China trade war has vaulted Mexico far past China as a U.S. trading partner, and as global companies seek to diversify their supply chains, Mexico offers proximity to U.S. markets, modern infrastructure, access to ports for global distribution and a highly skilled, well-educated workforce. Mexico’s USD1.3 trillion economy is the second-largest in Latin America
On August 1, 2021, articles 52 through 54 of Brazil’s General Data Protection Law (Lei Geral de Proteção de Dados or LGPD) will come into force. For businesses that deal with data obtained in Brazil, time is running out to prepare for the LGPD, which is Brazil’s version of the GDPR, the European Union’s General
Contents of this Article: Options when forming a Mexico company Choose the right Mexican entity for your business Steps to forming a Mexican company Mexican tax ID, fiscal address, tax declarations and social security Register with Mexico’s Ministry of Foreign Investment Additional issues on forming a Mexican entity An investor looking to do business in
