Setting up a business can be a challenge because some cultural and legal differences, also the language can play a huge barrier. However, in this article I will explain the main terms and mechanic to understand Mexican the Tax System. The main taxes in Mexico are the following: Impuesto Sobre la Renta (Income tax…
DetailsIn the actual economic environment, the globalization of companies is being indispensable for companies’ survival. There are several reasons to start a business outside the US, cost-cutting, explore new markets, increase of sales, search for new talent, etc. Why Mexico? According to a survey performed in 2019 by Consulting firm Price Water House and…
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The magnitude of appreciation for something beyond our expertise may be the only barrier we must destroy. “The crucial differences which distinguish human societies and human beings are not biological. They are cultural.”- Ruth Benedict In a globalized world, respect and cultural understanding is highly valued, not just for general knowledge but also for the…
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Looking forward to expanding and going abroad with your business? Take a look at Mexico, a green land of opportunities. Branding internationalization Having a good business is not just about a great idea, it is also about having a strategy. To have a developed plan with clear objectives, defined goals and wide vision about what…
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When we conduct external closure reviews or financial audits one of the red spotlights noticed are the loans to partners or stockholders which ones by general are for amounts significant with an antiquity older than a year without any support other than bank transfer the above can be considered by the authorities like a fake…
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Living the process of deep transformation is dealing, first with ourselves, then with the rest of the world. As the famous statement says “The Only Thing That Is Constant Is Change”― Heraclitus The collapse caused by the Coronavirus Pandemic divides our history into a before and after. Our last reference to something similar was what…
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It is not only the lower wages compare to the US or Canada that makes Mexico attractive to the investors, but also bilingual high qualified professionals in different areas, for example, accounting, finance, Software development, and support, among others.
