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Mexico Immigration Law
Immigration ProceedingsOn May 25, 2011, a revised Mexico Immigration Law (Ley de Migracion, or LM in Spanish) was published in the Official Gazette of the Federation (Diario Oficial de la Federaci&oac...
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Naming of Legal Entities In The Hands Of the Secretariat Of Economy
Legal ServicesPlease be advised that as of this past June 16, the power to authorize the use or change of the registered name or corporate name of legal entities was transferred from the Mini...
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Invoicing in 2012
TaxChanges to the 2012 Federal Fiscal Code (Codigo Fiscal de la Federacion or CFF per its acronym in Spanish) brought a series of adjustments as far as digital tax receipts are con...
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Primary Annual Obligations of Commercial Corporations
Legal ServicesMany foreigners decide to establish a commercial corporation in order to acquire property within or outside the restricted zone in Mexico, establishing such corporations for spe...
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Rating for Home Insurance
Living in YucatanTo effect an insurance policy, whatever it may be, is not an easy task. These are complex financial products, with conditions, exclusions, and policies that must be known before...
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Employee Participation in Company Profits, or more simply Employee Profit-Sharing (Participacion de los Trabajadores en las Utilidades de la Empresa, abbreviated PTU in Spanish)
TaxEmployees in Mexico, be they citizens of Mexico or foreigners, have the right to share in the net income (profits) of the company, in addition to employee compensation and other...
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How To Get the Lowest-Cost Mortgage Loan
Buying a propertyWe all want to pay less for whatever we acquire, and a mortgage loan is no exception, particularly if we consider that buying a home is probably the single largest, most signifi...
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10 Tips for Investing in Real Estate
Buying a propertyThe GE Real Estate company, which has over $4 billion dollars of real estate investments in Mexico, some time ago composed a list of items it recommends taking into account when...
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20 mistakes the SAT** will not condone - Part II
TaxWhen Deducting Expenses Mistake #10. Expenses such as grocery purchases, and the home phone, among other expenses, are deducted. How to avoid making this mistak...
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20 mistakes the SAT** will not condone - Part I
TaxWorking in a freelance capacity earning professional fees or running your own business involves two basic, key facts: you will usually have more leeway in managing your work sch...
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Complaining to Profeco... It Does Work!
Living in YucatanIf you live in Mexico, you have surely wanted to complain more than once regarding a purchase of a bad product or a service poorly provided. The Office of the Federal ...
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6 Financial Tips for Senior Citizens
Living in YucatanHow to Convert Assets into Income Poor stock returns are threatening to destroy the golden rule for maximizing the longevity of your money, namely, withdraw 4% of your asset...
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Regime for Small Taxpayers (REPECO), an Excellent Alternative for Paying Taxes in Mexico
TaxIf you are looking to invest in Mexico and would like to start a business as an individual, then this article will be of interest to you. Individuals engaged in busines...
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Registering in the Mexican Business Information System (SIEM by its Spanish acronym)
BusinessRecently, we were consulted by one of our foreign clients who was paid a visit by an individual identifying himself as an employee of the Secretariat of Economy (Secretarí...
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Purchase Or Sales Offer For Real Property
Buying a propertyIt is a very common practice that a person who finds real property that meets their expectations will want to purchase it. To get started, they usually request that the re...
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