News, Insights and Best Practices for Manufacturing in Mexico

Insights

   

Border Adjustment Tax Explained

In late July, U.S. congress decided to remove plans for a Border Adjustment Tax (BAT) from the discussed trade reform and NAFTA negotiations. The BAT would have taxed imports to the U.S. from...

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Foreign Companies Continue Investing in Mexico Manufacturing

Mexico manufacturing provides companies with a variety of benefits. Companies expanding to the country become part of dynamically growing industries with access to a global market and highly...

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How to Navigate Mexican Business Culture

Mexico is an attractive low-cost manufacturing location due to fiscal stability, steady rates of growth, political stability and proximity to the United States. It is the second-largest country in...

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Understanding the NAFTA Certificate of Origin

To fully benefit from NAFTA, Canadian and U.S. companies that manufacture in Mexico must not only produce a viable product at a competitive prices, but they also need to operate under the...

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Mexico’s Top Free Trade Agreements and Their Impact

Mexico's Free Trade Agreements have pushed the country to become the 13th largest export economy in the world with USD$393 Billion in exports in total, in 2016. The impact of access to a free...

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Industrial Electricity and Utility Rates in Mexico

Manufacturing utilities in Mexico, specifically electricity and water rates, are calculated to comply with market fluctuation and environmental agreements. The recent implementation of an energy...

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Canadian Investment in Mexico’s Manufacturing Industry

In 2016, Canada was Mexico’s second largest trading partner after the U.S., and one of Mexico’s main sources for foreign direct investment. Trade and investment enables both countries to become...

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Understanding Anexo 24 / Annex 24

 Anexo 24, or Annex 24, is a statute mandated by the Mexican Customs and Tax Authority that requires industry taxpayers to use an automatized inventory control system that monitors all temporary...

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Mexican Manufacturers Prepare for Solar Power Growth

Obstacles of attaining solar power may fall away as conscious consumers and concerns over climate change force businesses and regulators to explore new energy production solutions. Mexico is one...

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Taking insecurity out of the supply chain with shelter services

Many companies turn to nearshoring when they fear losing control of their business to distance but want to take advantage of the labor, resources and trade conditions foreign partners can provide....

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