As we make further strides into 2024, the fashion, apparel & beauty landscape continues its dynamic evolution, marked by opportunities and challenges. Consumer preferences, technological breakthroughs, geopolitical shifts,...more
5/17/2024
/ Copyright ,
Cosmetics ,
Deep Fake ,
Fashion Industry ,
Food and Drug Administration (FDA) ,
FTC Act ,
Greenwashing ,
Licensing Rules ,
Luxury Goods ,
Recycling ,
Right of Publicity ,
Royalties ,
Trademarks
On April 22, 2024, Mexico’s president increased import duties in the range of 5% to 50% on 544 Harmonized System (HS) codes, affecting a significant number of product categories such as steel, aluminum, textiles, plastics,...more
On April 26, 2024, the Mexican Government initiated an antidumping investigation on Chinese footwear imports. The products covered in the antidumping investigation include several types of boots, sandals, tennis shoes, and...more
As an additional measure to those taken last year, the Federal Government again modified the Law of General Import and Export Taxes (Ley de los Impuestos Generales de Importación y Exportación) in order to provide fair...more
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
Taking advantage of the nearshoring effect, the Mexican Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público) issued a Decree that will provide tax benefits to key sectors of the export industry...more
Multinational companies operating in Mexico are subject to Mexican regulations regarding the use of foreign goods. Mexican customs law provides that, with the exception of goods for personal use, any person who possesses,...more
The August 15, 2023 Mexican Federal Official Gazette contains a Presidential Decree (the Decree) that for the following two years -August 16, 2023 through July 31, 2025-, increases import duties in the range of 5% to 25% to...more
The fashion industry has experienced another year of continued change driven by consumer trends, innovation in technology, geopolitical and public health issues, and legal developments, and we don’t anticipate that stopping...more
4/18/2023
/ Blockchain ,
Class Action ,
Copyright Infringement ,
Fashion Industry ,
Jack Daniels Properties Inc v VIP Products LLC ,
Lanham Act ,
Louis Vuitton ,
Mexico ,
Non-Fungible Tokens (NFTs) ,
Petition for Writ of Certiorari ,
PFAS ,
SCOTUS ,
Supply Chain ,
Trademarks
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
On May 20, 2022 the Secretary of Economy of Mexico, Tatiana Clouthier, and the Secretary of State for the Department for International Trade of the United Kingdom, Anne-Marie Trevelyan formally initiated negotiations towards...more
Under the Federal Economic Competition Law (LFCE), parties to certain concentrations with effects in Mexico, such as joint-ventures, mergers, or acquisitions of shares or assets (directly or indirectly) in Mexico, are...more
The Mexican Federal Commission for the Protection Against Sanitary Risks (Cofepris) and the Federal Consumer Prosecutor's Office (Profeco) removed more than 10,000 units of domestic and imported foodstuff products that were...more
We hereby remind you of the following reporting obligations that must be complied by Mexican IMMEX companies during April and May....more
The number of electric and hybrid vehicles sold in Mexico has grown since 2016. In 2021, 39,100 units were sold, of which 768 units were electric, 2,500 were plug-in hybrids, and the remaining were hybrid vehicles. Now that...more
Original Equipment Manufacturers (OEMs) operate in Mexico under a specific customs regime identified as fiscal deposit, which enables them to introduce into their authorized premises on an in-bond basis, machinery, equipment,...more
The Mexican government, through the Ministry of Economy, is the holder of the “Hecho en México” (Made in Mexico) trademark, which is an official distinctive sign that may be used to identify products that are made in Mexico,...more
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 President Andrés Manuel López Obrador recently signed a decree to regularize used cars that were imported into Mexico illegally, also known as “chocolate” cars.
The reprieve that allows owners of “chocolate” cars...more
On October 29, the Mexican Government published in the Official Federal Gazette, an Executive Order to regulate the operation of diagnostic and prototype vehicles by automotive manufacturers, assembly companies or importers. ...more
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
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
On June 12, the seventh resolution of amendments to Mexico’s General Foreign Trade Rules for 2020 entered into force. In that resolution, several rules were modified, among them Rule 2.4.1., which regulates the "Authorization...more
Fixed assets represent a significant capital investment for manufacturing companies, though, once made, they are just there to produce as expected and that is it, right? Not quite. We have recently seen a surge in Mexican...more
As previously mentioned in our February 15, 2021 insight, IMMEX companies in Mexico are required to electronically submit before the Mexican Ministry of Economy, an Annual Operations Report informing of their total amount of...more