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Legal, Accounting & Tax Compliance
Smooth Operations, Full Compliance
Expanding your business into Mexico presents exciting opportunities, but it also requires navigating a complex set of legal, accounting, and tax regulations. At Connecta Consulting, we understand that complying with these obligations from day one is crucial for your long-term success. That’s why we offer a comprehensive compliance service that covers all your needs, allowing you to operate in Mexico with complete confidence.
Mexico's tax system is known for its rigor and the necessity of strict compliance. As a company starting operations in Mexico, you will be required to meet a series of tax obligations that, if not managed properly, can result in severe penalties and hurdles for your growth. Some of the key tax obligations include
At Connecta Consulting, we understand that these obligations can seem overwhelming, especially if you’re entering a new market. Our team is here to simplify this process, ensuring that every aspect of your tax compliance is covered—from RFC registration to filing returns and managing audits.
Tax Obligations in Mexico: What You Need to Know
Federal Taxpayer Registry (RFC):
Every company operating in Mexico must be registered with the RFC, which allows the Tax Administration Service (SAT) to identify and track your tax activities.
Tax Withholding
If your company contracts services or purchases goods from third parties, you may be required to withhold and remit taxes on behalf of those third parties. This includes withholding VAT and ISR, among others.
Provisional Payments
Throughout the year, companies must make provisional payments of ISR, based on their accumulated income. These payments are made monthly and are an advance on the annual tax.
Monthly and Annual Tax Returns
Companies in Mexico are required to file monthly tax returns, including Value Added Tax (VAT) and Income Tax (ISR). Additionally, an annual return summarizing all the operations of the fiscal year is required.
Electronic Invoicing (CFDI)
Mexico has one of the most advanced electronic invoicing systems in the world. All income and expenses must be documented through Digital Tax Receipts via Internet (CFDI), ensuring transparency and control by the SAT.
Provisional Payments
Depending on the size and characteristics of your company, you may be required to undergo a tax audit. This involves the review of your financial statements and tax returns by a certified public accountant.
Curious about your taxes?
Click here to Download our Mexico Withholding Tax Calculator!
We Simplify Compliance
We take care of all your tax obligations, ensuring that every return and payment is made on time and accurately.
We Prevent Future Issues​
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We continuously monitor tax regulations to adapt quickly to any changes that may affect you.
We Provide Peace of Mind
By entrusting your compliance to us, you can focus on growing your business, knowing you are in full compliance with the law.
Stay Compliant, Stay Confident.
At Connecta Consulting, we’re not just experts in Mexican tax law; we’re your strategic partner to ensure that your business not only complies but thrives in the dynamic Mexican market. Let us guide you through this complex process, ensuring your company operates with total security and efficiency in Mexico.