Doing business in Mexico
Produced in partnership with Eduardo Terrazas Ortiz-Rubio of Olivares , Gustavo Alcocer of Olivares and Carla Huitron of Olivares
Practice notesDoing business in Mexico
Produced in partnership with Eduardo Terrazas Ortiz-Rubio of Olivares , Gustavo Alcocer of Olivares and Carla Huitron of Olivares
Practice notes
Updated in August 2024
Introduction
The growth Mexico offers from a business, cultural and social perspective is in constant 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 be a desired jurisdiction to do business. 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 and medium-sized enterprises (SMEs).
The Business environment
Nowadays Mexico has a broad free trade agreement network that includes North America, Europe, Japan, the Transpacific Partnership and throughout Latin America, allowing for an attractive international trade platform between countries with substantially reduced tariff and non-tariff requirements. There have been strong government efforts to reduce inflation in order to place Mexico on a level
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