Starting a company in Mexico

SAT

The Tax Administration Service is a decentralized administrative body of the Ministry of Finance and Public Credit. It is the highest tax authority responsible for tax collection in Mexico, these are some of the procedures that you must carry out with them.

Check your tax information or that of your company
Generate your Proof of Tax Situation.
Obtaining the Tax Identification Card.
Presentar requests or notices on tax matters.
Request verification of your tax address.

Among others.

What procedures are done before the SAT?

Do you already have your e. signature?

You must receive authorization from the Ministry of Economy to use the name of your company, for this, the Ministry will verify that there is no other business with the same name. To carry out this procedure online, you will need to have your e.firma.

Comply with regulations for foreign capital in Mexico

To register a new company with foreign capital in Mexico, there are several requirements that must be met and they are different depending on the type of company and the commercial activity to be carried out. InH&B Leon PartnersWe help you choose the right category for your company and we take care of complying with all the registration requirements before the Mexican authorities, including obtaining the Digital Seal Certificate to start invoicing.

Mexican legislation applicable to your company

You will need to know what legislation is applicable to your company before you start to develop your business and before you hire your employees. Our team of specialized lawyers and our multidisciplinary professionals will make recommendations, draw up contracts and supervise each stage of the process of executing your business plan to provide legal certainty to your company and avoid possible sanctions or conflicts.

Accounting in Mexico has its own guidelines and requirements

That every company must follow to avoid sanctions and suspensions. Our team of specialized accountants knows every aspect of Mexican tax laws and their application to each type of business, we can act as your business accountants or advise your internal accounting department, or provide accounting services directly.

Your Mexican subsidiary needs to have local accounts

The procedure to open your company's bank accounts in Mexico can take time. We do it for you and we deliver the bank account ready to operate. If you need it, we take the administration and programming of your payments to clients and suppliers.

Problems related to the origin of partners

A foreign capital company that works in Mexico can bring tax problems to its partners in their country of origin. Our experts in international tax issues can recommend the best way to treat the income generated in Mexico, so that it does not affect your tax obligations with your country of origin.

Safe entry into Mexico requires understanding of the legal and tax framework

Working in Mexico not only implies understanding the legal and tax framework, there is a language barrier and a variety of concepts that could make daily work difficult. Our partners are trained to ensure efficient communication and expedite the flow of information between your company and the Mexican authorities.

Why work with us?

Questions required to start your company

Are you already registered with the IMSS?

Although at the beginning, the only workers in the company are the founding partners, it is necessary to register with the Mexican Institute of Social Security to report on the hiring of personnel. Failure to do so may result in fines before this institution.

Have you already signed up for the federal taxpayer registry?

Your RFC o Federal Taxpayer Registry is a key that every natural person or legal entity in Mexico requires to carry out any legal economic activity for which they are obliged to pay taxes, with some exceptions.

Annual Assembly of Partners or Shareholders

In terms of the General Law of Mercantile Companies, Mercantile Companies must hold an ordinary annual meeting within the four months following the end of the fiscal year.

Have you already registered with the public registry of commerce?

This institution in charge of the Ministry of Economy is in charge of monitoring and protecting companies. It is necessary to pay registration fees and the price varies depending on the type of operation