The Importance of Registering your Trademarks: Why you shouldn’t get attached to an unregistered brand?
Doing Business Mexico Blog
by Adolfo
2w ago
Why is it important to register your trademark? Imagine you have spent months, perhaps years, developing a product or service. You have come up with an attractive name and designed a unique logo. You have invested time, effort, and resources into building your brand. However, in the world of intellectual property law, becoming attached to a brand without having secured its registration first (not have a trademark) can be a costly mistake. Registering your trademark is a crucial step in protecting your investment and ensuring that the fruits of your work and effort are not misappropriated or fr ..read more
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How to File Documents in English before Mexican Agencies
Doing Business Mexico Blog
by Emilio
4M ago
A "Translation" Horror Story A Mexican company operating in the pipeline manufacturing sector recently sought a 4.9 million tax refund from the Mexican tax agency. The company had made numerous payments for products and services to foreign entities. Consequently, it submitted to the tax agency several invoices in English as evidence of its expenditures. Carlos Romero Replica Translation Expert Free Appointment Translating English Invoices to Spanish? Regrettably for the company, the tax agency rejected the refund application citing the absence of translations of the invoi ..read more
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Nearshoring
Doing Business Mexico Blog
by Gilberto Mejía
1y ago
The positive impact of the relocation of factories or the nearshoring of companies from all over the world to Mexico is already noticeable. The news of investment, growth in international trade, and border crossings continue to add up. Even the most important media in the United States, such as the New York Times and the Wall Street Journal, are talking about this trend to the world. Why is nearshoring to Mexico relevant? At this time, a combination of factors has created the “perfect storm” that has driven companies to produce closer to their target market. Companies are interested in ..read more
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VAT in Mexico
Doing Business Mexico Blog
by Emilio
1y ago
What is the VAT in Mexico? The Value Added Tax (VAT) is confusing to foreigners, and Mr. Rodrigo Islas, a Public Accountant based in Monterrey, aims to answer those frequently asked questions regarding the VAT in Mexico. For more information about taxes, do not hesitate to visit our tax guide. Mexico TaxesIncome and VAT In overall there are two main taxes in Mexico: the Income or Revenue Tax (Impuesto sobre la Renta or ISR in Spanish) which affects a company’s revenue and, therefore, it is considered a direct tax.  On the other hand, Mexico has an indirect tax which is the Value Add ..read more
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Expats in Mexico
Doing Business Mexico Blog
by Emilio
2y ago
The website “Expats in Mexico” published the article “How to Become an Expat Entrepreneur in Mexico.” In this article, Emilio Arteaga, DMB director, was quoted about the main challenges that entrepreneurs and businesses face in Mexico. Expats in Mexico: Main Challenges During the interview, Mr. Arteaga commented about the importance of legal advice and tax matters. These issues are not only present for Expats that seek to be entrepreneurs, but also for global companies as foreign investors in Mexico.   Legal Advice for Expats in Mexico Expats, as individuals, who seek to beco ..read more
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Types of Companies in Mexico
Doing Business Mexico Blog
by Emilio
2y ago
There are several types of companies in Mexico. In fact, Mexico’s Company Law establishes seven corporate legal structures or company types. Despite the number of options, investors or entrepreneurs normally choose either a Mexican Stock Company (Sociedad Anónima or S.A.) or a Limited Liability Company (LLC) because: they limit the investors’ responsibility before third parties; corporate governance features;  international taxation reasons; and, the variable capital regime. If you wonder what are the steps to create a company, check our Guide on Creating a Company in Mexico. The M ..read more
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Lawyers in Mexico
Doing Business Mexico Blog
by Emilio
2y ago
How To Choose A Mexican Lawyer? Looking for English-speaking Mexican Lawyers? In this post, I will guide you so that you can find the Mexican lawyer that you need. Just remember that you can always ask your trusted lawyer or a colleague for a referral.  Emilio Arteaga Lawyer Mr. Emilio Arteaga is the director of Doing Business Mexico and a trade and business lawyer. Free Appointment About Mexican Lawyers It is not that difficult to practice law in Mexico. Each year, the legal market is flooded by thousands of new lawyers who finished their Law School. Unlike many ot ..read more
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Invest in Mexico a digital platform of the Ministry of Economy
Doing Business Mexico Blog
by Emilio
2y ago
Invest in Mexico: A Digital Platform In late 2021, the Mexican Ministry of Economy announced the creation of Invest in Mexico, a digital platform. During the inauguration, a government official mentioned that good international practices recommend countries to have single windows for investment matters and that Mexico is presenting its “Digital Single Window” with Invest in Mexico. In this post, I explore Invest in Mexico and whether Mexico now has a single window for investment matters. Emilio Arteaga Lawyer Mr. Emilio Arteaga is the director of Doing Business Mexico and a trade and ..read more
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Import Taxes and VAT Implications in International Sales in Mexico?
Doing Business Mexico Blog
by Emilio
2y ago
Import Taxes and VAT in International Sales Some foreign companies are facing difficulties to make international sales with their Mexican clients because of customs and tax matters, such as import taxes and VAT. For instance, a Mexican company may request the foreign company to deliver the good in their premises or warehouse in Mexico. As a result, the foreign company is responsible of importing the goods to Mexico and is left with these and more questions: who will be the importer of record? What are the applicable taxes? Are there any other possible options to avoid these taxes and pape ..read more
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Investing in Real Estate in Guadalajara
Doing Business Mexico Blog
by Emilio
2y ago
Investing in Real Estate in Guadalajara Mexico has shown itself as a great option to invest in real estate. The Metropolitan Area of Guadalajara (“ZMG”, for its acronym in Spanish), in the state of Jalisco, is one of the best areas to that end. It has maintained itself as the second largest city of Mexico over the years, which justifies its real state growth. In this post, Juan Pablo provides a brief analysis of the areas to invest in real estate with great potential in the Metropolitan Area of Guadalajara. The Economic Growth and Real Estate Development in Guadalajara In context, the ..read more
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