Facts About Mexico

OFFICIAL NAME: United Mexican States CAPITAL AND LARGEST CITY: Mexico City AREA: 1,978,000 sq Km ( 760,000 sq mi) MAJOR CITIES: Mexico City (25 mil), Guadalajara (8.5 mil) and Monterrey (5 mil) POPULATION (1995): Estimated 95 million POPULATION DENSITY: 75.2 persons per sq km DISTRIBUTION: 69% Urban, 31% rural ANNUAL GROWTH (1995): 3% ETHNICITY: 60% […]

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Taxes in Mexico

Note: The Mexican tax system has been updated numerous times since this article was first published; always check with a reputable accountant for up-to-date information. The Mexican tax system has been subjected to comprehensive tax reform legislation, enacted principally in 1986 and 1988. The dramatic changes are an attempt to make it compatible with the […]

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Documents needed to ship your product to Mexico

Importers will use a customs broker (a private-sector provider of services) of choice to obtain release of the merchandise. The customs agent will provide to importers all necessary information relating to applicable duties and non-tariff regulations. The customs entry will be accompanied by: the commercial invoice, when the customs value of the merchandise is determined […]

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Doing business in Mexico: general legal, business & entry issues

NOTE: This article is dated but much of the general information still applies. Details should be confirmed with your nearest Mexican consulate or trade mission. Legal Framework Mexico has embarked on thee modernisation of its legal and judicial systems, and has introduced a substantial deregulation and improvement in the enforcement of its laws. Mexico’s legal […]

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Business entry into Mexico

A business visitor is a person who is involved in any of the following: research and design – market research business transactions for manufacturing and production (management & personnel) sales and purchasing for an enterprise located in the U.S. or Canada (other than direct sales) distribution and after sales services (general services) A professional is a person […]

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What is a maquiladora? Manufacturing in Mexico: The Mexican in-bond (Maquila) program

  After slicing through all of the numerous definitions that cloud this question, the answer is, simply, that a maquiladora is a Mexican Corporation which operates under a maquila program approved for it by the Mexican Secretariat of Commerce and Industrial Development (SECOFI). A maquila program entitles the company, first, to foreign investment participation in […]

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Business in Mexico: suggested readings

For families being relocated to Mexico, also see Moving to/Living A New Time For Mexico , 1996-2006 , by Carlos Fuentes (Marina Castaneda, translator). Published by Farrar Straus & Giroux. Available through: Amazon Books. This collection of essays by Carlos Fuentes, Mexican intellectual, man of letters and erstwhile diplomat, seeks to place his country’s current […]

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