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Mexico’s Unit of Measure and Update (UMA): New Values to Increase on February 1, 2020

On January 9, 2020, Mexico’s National Institute of Statistics and Geography published in the Official Gazette of the Federation the daily, monthly, and annual values of the Unit of Measure and Update (UMA). These are...more

Mexico’s Unit of Measure and Update to Increase on February 1, 2019

On January 9, 2019, Mexico’s National Institute of Statistics and Geography issued an official press release regarding the daily, monthly, and annual value of the Unit of Measure and Update (UMA) that will become effective on...more

Mexico’s Unit of Measure and Update (“UMA”), new values to Increase on February 1, 2018

On January 10, 2018, Mexico’s National Institute of Statistics and Geography issued in the Official Gazette of the Federation the daily, monthly, and annual value of the Unit of Measure and Update (UMA) that will become...more

Payment Obligations for Mexico Employers: The 2017 Daily Minimum Wage and UMA

On December 19, 2016, it was issued in the Official Gazette of the Federation that the daily minimum wage for 2017 in Mexico will be Mex$80.04. Moreover, on December 31, 2016, the Law to Determine the Value of the Unit...more

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