Accounting and Tax Strategies
There are numerous and complex tax structures in Mexico that can quickly become overwhelming and confusing. First knowing what to expect, then how to navigate possible issues, is well worth the knowledge of hiring a certified professional.
If your business is to include employee's, it's important to remember that In Mexico all labor laws are on the side of the employee. Employee or service contracts are an absolute must before employing anyone for anything!
Depending on how simple or elaborate your objectives, there are numerous issues which should be considered before incorporating and how or if you may want multiple companies to interrelate, such as:
The options and scenarios are numerous and should be well thought out in advance. Once we understand your current and future investment objectives, we can design a structure or structures to meet your needs today, while keeping tomorrow in mind, and providing you with a solid foundation for success
This is an abbreviated list of some tax issues you'll encounter while doing business in Mexico.
IVA ( Impuesto al Valor Agregado )
Value Added Tax
-10% Sales Tax - paid montly
Hiring Employee's in Mexico
1% Property Tax (known as a predial) of the assessed value determined at the time of sale.
We strongly recommend a comprehensive investigation of every transaction and all parties related to each transaction, to advert unexpected conclusions.