Invest in Puebla, Mexico
February 24, 2023
Consulta Internacionalización
April 3, 2023
8 steps to incorporate, operate and scale in Mexico.
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So you are thinking about expanding your business operations into Mexico? In this post, you will find the services we provide so you can operate legally in the country, and benefit from international operations.
Read more about Nearshoring in Mexico here.
Our services include the execution of the following elements:
- Creation of a legal structure.
- There are several that could fit your requirements, for this, counsel is strongly advised. In particular for the drafting of the bylaws, so it matches the business activities.
- Social Denomination Use Permit: The registering of the legal name.
- Public Registry.
- Federal Taxpayer Registry.
- In Mexico taxes are carried out by SAT (Secretaría de Administración Tributaria). In order to be able to invoice, hire, make deductions, file taxes, and get licenses, among other things, it is necessary to have a RFC and an efirma.
- Creation of a Bank Account.
- The process is less bureaucratic. However, you will have to fill in special forms as a subsidiary would be a Foreign Controlled Company. This can be carried out by any of the legal representatives as stated in the constitutive instrument.
Read more about Mexico’s Foreign Direct Investment overview here.
Times
In our experience, the whole process can take up to 6 months, as we rely on the availability of a set of public institutions. Our support will be provided throughout the whole process.
Other services
Our expertise covers other topics. We can also help you to find facilities where you can execute your business operations, hire personnel, register your brand, and comply with national and international directives.
Costs
At exoap, we provide an integral service that foresees every tiny aspect for the successful establishment of your company in Mexico.
As you may have imagined, they change from case to case, depending on the characteristics of each company, therefore we have to carry out due diligence.
Among the costs, we calculate translation costs, apostilles, travel costs, and documentation costs.
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