Doing business in Mexico
Tax and accounting for foreign companies in Mexico
If your company is setting up in Mexico or already operates here, you need someone who knows the local tax system and speaks your headquarters’ language. We support you from the initial structure to monthly compliance, in English or Spanish.
Tell us about your case
A partner will reply, in English or Spanish.
Doing business in Mexico
Who it’s for
- Parent companies from the US, Europe or China opening operations in Mexico
- Newly formed Mexican subsidiaries that need to be set up right from day one
- Foreign companies selling goods or services in Mexico without a local entity
- CFOs in Mexico who report to headquarters in another country
Doing business in Mexico
What’s included
One team for tax, accounting, transfer pricing and payroll.
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Structure and tax regime
We help you decide how to operate and be taxed in Mexico, taking into account the impact in the parent company’s country.
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Local compliance
Accounting, taxes and the subsidiary’s other obligations, so it stays compliant in Mexico, correctly and on time.
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Transactions with headquarters
We document intercompany transactions with transfer pricing studies and review how tax treaties apply.
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Reporting to headquarters
We prepare information under IFRS or US GAAP and special reports for management, in English.
Doing business in Mexico
How we work
- 1
Entry plan
We understand your business model and what you will do in Mexico.
- 2
Structure
We recommend how to operate and be taxed, and what obligations you will have.
- 3
Launch
We set up accounting, taxes and, if you need it, payroll.
- 4
Ongoing operations
We support you every month and report in the format your headquarters requires.
Frequently asked questions
How can a foreign company operate in Mexico?
The most common routes are incorporating a Mexican subsidiary or operating from abroad, taking care not to create a permanent establishment unknowingly. Each route has different tax consequences in Mexico and in the parent company’s country, and the decision is best made before you start.
Can you work in English with our headquarters?
Yes. Our partners work in English and Spanish, and we prepare reports in English for headquarters management.
Do you work with firms in other countries?
Yes. We are members of Abacus Worldwide, an international alliance of independent accounting and law firms. If your case needs an opinion in the parent company’s country, we coordinate with the right firm in the alliance.
What obligations will the subsidiary have in Mexico?
Broadly: registering with the SAT (Mexico’s tax authority) to obtain its RFC (tax ID), keeping accounting records, filing tax returns and, if it has employees, complying with the IMSS and Infonavit (social security and housing fund). If it transacts with its group, it must also document its transfer pricing. We give you the specific list for your case.
Related
Related services
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International tax
Tax treaties, double taxation and cross-border transactions, in English or Spanish.
Learn more -
Transfer pricing
Documentation of related-party transactions: Local File, Master File and Country-by-Country Report.
Learn more -
Expat payroll
Payroll, taxes and social security for foreign staff on assignment in Mexico.
Learn more
Is your company coming to Mexico?
Tell us what you plan to do here. A partner will explain how to get started, in English or Spanish.