On January 13th, 2025, President Sheinbaum presented the Mexico Plan (MP), which details tax incentives, provides for greater efficiency in administrative processes, and outlines investment goals for infrastructure related to...more
2/10/2025
/ Digital Assets ,
Energy Sector ,
Foreign Investment ,
IMMEX ,
Infrastructure ,
Investment ,
Investment Tax Credits ,
Mexico ,
Renewable Energy ,
Tax Credits ,
Utilities Sector
Mexico is a key player in both the United States-Mexico-Canada Agreement (USMCA) and Latin American regions. Nearshoring, the practice of relocating an operating business or supply chain closer to home markets, is a rapidly...more
12/5/2024
/ Compliance ,
CPTPP ,
Fair Trade Agreements (FTA) ,
Foreign Corrupt Practices Act (FCPA) ,
Imports ,
Inventory ,
Latin America ,
Manufacturing Facilities ,
Mexico ,
Multinationals ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Standards ,
Supply Chain ,
Tariffs ,
Trade Wars ,
United States-Mexico-Canada Agreement (USMCA)
In September 2016, there was a major shift in the Mexican Supreme Court’s approach to damages, where the highest court in the country ruled on the legality of punitive damages. In April 2020, federal courts made pivotal...more
On April 23, 2021, the Mexican government amended several legal statutes including the Federal Labor Law, Social Security Law, National Workers’ Housing Fund Institute Law, Federal Tax Code, Income Tax Law and Value Added Tax...more
The unprecedented challenges created by the COVID-19 pandemic and resulting government lockdowns could strain even the most robust compliance programs. Companies have been appropriately focused on business preservation during...more
In this ever-changing environment, the Mexican government issued an additional executive order (the “Executive Order”) on Friday, May 29, 2020, setting forth the country’s strategy and specific technical guidelines to resume...more
The Government of the State of Puebla, home to Volkswagen, Audi and a number Tier 1 and Tier 2 automotive suppliers, has issued a “Decree establishing that there are no conditions in the State of Puebla to restart activities...more
As we reported recently, the Mexican automotive industry and other sectors in Mexico have now been classified as “essential,” with opening permitted by June 1st subject to satisfying certain “health and safety protocols” that...more
The transportation manufacturing industry (which includes automotive and aerospace), along with the mining and constructions industries, will be able to restart operations on June 1, provided that they comply with health and...more
As expected, the transportation manufacturing industry (which includes automotive and aerospace), along with the mining and constructions industries, have been characterized as essential and will be allowed to restart...more
Today, the Mexican government confirmed that manufacturing of transportation equipment includes the automotive industry and is an essential activity permitted to operate. There are some inconsistencies reported between the...more
Due to the increased COVID-19 infection rate in Mexico, Mexican Health Authorities have declared contingency phase 3 this past week. As a result, the Federal Government issued a new Executive Order which extends the...more
The Mexican Minister of Communications and Transportation published today a comprehensive list of activities that are deemed “essential activities” under the Agreement establishing extraordinary actions to attend to the...more
4/9/2020
/ Business Closures ,
Business Interruption ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Essential Functions ,
Executive Orders ,
Healthcare ,
Interstate Telecommunications Service Providers (ITSP) ,
Manufacturers ,
Mexico ,
Operators of Essential Services ,
Retailers ,
Teleco ,
Telecommunications
On Monday, April 6, 2020, at 19:00 hours CST, the Mexican Minister of Health published a set of guidelines on how to interpret the agreement that provides the technical guidelines related to the activities described in...more
4/8/2020
/ Best Practices ,
Business Continuity Plans ,
Coronavirus/COVID-19 ,
Crisis Management ,
Critical Infrastructure Sectors ,
Emergency Management Plans ,
Employer Liability Issues ,
Energy Sector ,
Essential Functions ,
Health and Safety ,
Infectious Diseases ,
Mexico ,
Personal Protective Equipment ,
Policies and Procedures ,
Public Health ,
Risk Management ,
Travel Restrictions ,
Traveling Employee ,
Wage and Hour ,
Workplace Safety
The business community, lawmakers and even workers across North America breathed a collective sigh of relief on October 1, 2018, after the renegotiated NAFTA agreement was unveiled. Following negotiations that had become...more
11/30/2018
/ Agricultural Sector ,
Automotive Industry ,
Canada ,
Cross-Border Transactions ,
Exports ,
Forced Labor ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Intellectual Property Protection ,
Investor State Dispute Settlement (ISDS) ,
Mexico ,
NAFTA ,
Section 232 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
In an unprecedented election process with the participation of more than 63 percent of the eligible voters, Andres Manuel Lopez-Obrador, better known by his initials, AMLO, won the Mexican presidency with an astonishing 53...more