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Paternity leave, effects at the IMSS (Mexican Institute of Social Security)
Legal ServicesIt is not a disability, but a benefit included in the amendments to the LFT (Federal Labor Law) From December 1, 2012 all those male workers who become parents, eithe...
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What to Take Into Account When Purchasing a House with the Intention of Remodeling It
Buying a propertyBefore deciding to purchase a house with the intention of remodeling, follow these tips: 1. Do the Math. A remodeling project should not cost mor...
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Foreign Direct Investment Statistics in Yucatán
BusinessRecently, at the request of one of our clients, we requested from the Secretariat of Economy (Secretaría de Economía in Spanish), the Foreign Direct Inve...
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Formalize Labor-Relation Ties with a Contract
Legal ServicesEntering into an employment contract with a collaborator (employees, co-workers, colleagues, associates… i.e., any member of a team that works collaboratively) is an empl...
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Before you buy a house…
Buying a propertyBuying a home or apartment is a major event and probably the largest purchase you will ever make. It is for such reason that knowing what physical and legal aspects you sh...
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Tips For Renting Commercial Premises
BusinessRenting commercial premises for opening a business involves a number of points to consider in order to prevent both the lease or rental payment as well as the requisite procedur...
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Countries Exempt from Obtaining Authorization to Engage in Commercial Activities in Mexico
Foreign TradeIn accordance with Article 17 of the Foreign Investment Law (Ley de Inversión Extranjera, or LIE), foreign legal entities purporting to regularly perform commercial activ...
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Foreign investment is put on record
Immigration ProceedingsCompanies have registries related to real property and commerce, but there is also a third registry that focuses on accounting for foreign capital, such being the National Regis...
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Have complaints against a bank?
Living in YucatanHaving questions regarding bank accounts, or receiving notice of financial institution requirements, are common problems among users of financial products in Mexico.&...
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Have a complaint? Take it up with Concilianet
ServicesThe Office of the Federal Prosecutor for the Consumer, also referred to as the Federal Consumer Protection Agency (Procuraduría Federal del Consumidor in Spanish, abbrevi...
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“How To” avoid being coerced into purchasing insurance – 9 tips
ServicesIf someone has ever contacted you by phone offering you insurance or you go into a bank branch and there the employee assisting you wants to sell you insurance, you should be aw...
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Exclusion Of The IGI* On The Import Of Used Cars
Foreign TradeBefore importing a used car you should take into account that if you declare a value on the import permit or customs declaration known as a “pedimento” that is less ...
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Invest in CETES
BusinessThe Mexican Federal Treasury Certificates, known by their acronym CETES, which stands for Certificados de la Tesoreria de la Federación, are investment instruments offere...
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Exemption From Income Tax On Income Derived From The Sale, Transfer Or Otherwise Disposal Of (Conveyance of Title to) A Residential Dwelling (i.e. Capital Gains -Tax Exemption)
TaxArticle 109, Section XV, subparagraph a) of the Income Tax Law (Ley del Impuesto Sobre la Renta, abbreviated LISR in Spanish) sets forth that income derived from the sale, trans...
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What is the Credit Bureau?
Living in YucatanThe Credit Bureau is for many a taboo subject - there are those who believe it to be a kind of credit “police”, others believe it to be a kind of government agency, ...
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What you should know
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