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Mexican Government Restricts Importation of Certain Fuels and Petrochemicals into Mexico

On October 23, 2023, the Mexican President published in the Official Gazette of the Federation a Decree under which the Mexican Government implements measures to combat the illicit trading of fuels, related to the importation...more

Maquiladora Industry: Recommendations for "IMMEX" Companies for Fiscal Year 2023

Como consecuencia directa de los procesos de manufactura globalizados, las maquiladoras (ahora empresas “IMMEX” referidas de manera indistinta en este documento) han logrado posicionarse en México como uno (sino es que el...more

Imminent outsourcing reporting obligation for VAT-IEPS Certified companies and others to Mexican Tax Authority (SAT)

The General Foreign Trade Rules for 2022 (Rules) were published on December 24, 2021, and became effective January 1, 2022. The Rules provide that companies registered in the Companies Certification Scheme under the VAT...more

Mexican Bill of Lading Complement: New Enforcement Deadline and Factors Affecting Invoicing Obligations

As previously reported in our automotive industry blog “Dashboard Insights” on August 12, 2021, the Mexican Tax Administration Service (SAT, as per its acronym in Spanish) has created the bill of lading complement, a new...more

10/28/2021  /  Enforcement , Invoices , Mexico , Tariffs

Creation of the National Customs Agency of Mexico

On July 14, 2021, the Mexican Federal Register´s evening version contained the Executive Order creating the National Customs Agency of Mexico (ANAM for its Spanish acronym). This step will elevate customs authorities’ rank...more

7/20/2021  /  Customs , Executive Orders , Mexico

BREXIT: Update of the UK-Mexico Trade Continuity Agreement

In relation to our recent insights Brexit: Mexico and the United Kingdom sign Trade Continuity Agreement and Brexit: A First Look at UK-Mexico Trade Continuity Agreement's Relevant Issues, the Governments of Mexico and the...more

Brexit: A First Look at UK-Mexico Trade Continuity Agreement's Relevant Issues

As previously reported on December 15, 2020, the Mexican Secretary of Economy and the Secretary of State for International Trade of the United Kingdom issued a joint statement to communicate the signing of the UK-Mexico Trade...more

Brexit: Mexico and the United Kingdom sign Trade Continuity Agreement

On December 15, 2020, the Mexican Secretary of Economy and the Secretary of State for International Trade of the United Kingdom, issued a joint statement through which they communicated the signing of the UK-Mexico Trade...more

12/17/2020  /  EU , Mexico , Trade Agreements , UK , UK Brexit , WTO

Mexican Mandatory Technical Standards (Noms) Compliance on Imports, and Limitation on Steel Exports

Over the last several months, Mexico has made a number of important changes to the rules governing the importation and exportation of certain materials. This article focuses on changes to the rules governing compliance with...more

As COVID-19 Economic Downturn Hits hard, the Mexican Government Tightens its Grip on all Revenue, and Looks to Target Maquiladoras...

While there is a growing understanding of the sanitary measures needed to restart manufacturing operations in a safe and efficient manner (i.e. social distancing, testing, masks & facemasks, others), the economic consequences...more

Alternative Staging Regime for Passenger Vehicles and Light Trucks Under the USMCA

We know that, as the internal ratification procedures for the United States of America–Mexico–Canada Agreement (“USCMA”) have concluded, the trade agreement will enter into force on July 1, 2020. It is clear that the...more

Mexican Ministry of Economy: Procedures and Measures Update

On March 26, 2020, the Agreement by which terms are suspended in the Ministry of Economy and administrative measures are established to contain the spread of coronavirus COVID-19 was published in the Mexican Federal Official...more

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