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
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
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
In Mexico the customs clearance of goods may be performed either directly by importers or exporters, or through customs brokers. When clearing goods directly, importers and exporters must do it through a legal representative...more
Fixed assets represent a significant capital investment for manufacturing companies. Such assets can include land, buildings, equipment, furniture, machinery and vehicles. Global manufacturing companies usually have an...more