Doing business in Mexico
Produced in partnership with Gustavo Alcocer of Olivares
Doing business in Mexico

The following Commercial guidance note Produced in partnership with Gustavo Alcocer of Olivares provides comprehensive and up to date legal information covering:

  • Doing business in Mexico
  • Introduction
  • The Business environment
  • Forming a company
  • Financing a company
  • Opening a bank account
  • Utilising office space
  • Immigration controls
  • Key employment laws
  • Contracting with third parties
  • more

Updated in September 2019

  1. Introduction

  2. The Business environment

  3. Forming a company

  4. Financing a company

  5. Opening a bank account

  6. Utilising office space

  7. Immigration controls

  8. Key employment laws

  9. Contracting with third parties

  10. Taxation overview

  11. Regulatory compliance

  12. Protecting key assets

  13. Useful links

Introduction

The growth Mexico offers from a business, cultural and social perspective is in evolution as well as the legal framework and opportunities for business consolidation and continued growth. Ingredients such as sustained economic growth, demographic mix, structural reforms in key industries and Mexico’s long standing legal tradition give Mexico the opportunity to belong to the list of most desired jurisdictions to do business in the second decade of the 21st century. Mexico offers many grants and incentives to encourage business development. Foreign owned companies are eligible for the same incentives as Mexican owned companies. Incentives are focused on promoting employment, technological research and development, construction and the growth of small business.

The Business environment

Nowadays Mexico has a broad free trade agreement network with North America, Europe, Japan and throughout Latin America, allowing for an attractive international trade platform between countries with substantially reduced tariff and non-tariff restrictions. There have been strong government efforts to reduce inflation in order to place Mexico on a level that is comparable to the top economies in the world.

Private investment is dominant