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Mexican Tax Law: Non-Residents
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Lease of Real or Personal Property Non-Residents: Income derived from the lease of real or personal property is taxed at a flat rate of 25% with no deductions, except for the lease of railroad cars, containers, airplanes, and ships for commercial transportation, which is taxed at 5%.
Capital GainsGains from the sale of shares or securities representing property located in Mexico, fixed assets, securities, or shares of Mexican companies are taxed at a flat rate of 20% of the gross proceeds of the sale. However, the non-resident may elect to pay tax at the rate of 25% on the net taxable gain realized, provided that the non-resident has a legal representative in Mexico who will calculate and pay the corresponding tax to the tax authorities. If the seller is a resident of a low-tax jurisdiction (tax haven), such seller can only apply the 25% rate. Joint Liability of WithholderAny company resident in Mexico or permanent establishment in Mexico must comply with the withholding and payment of taxes on behalf of third parties. If such taxes are not withheld and paid to the tax authorities, aside from imposing surcharges and penalties on the company, the latter is not authorized to deduct them as expenses for income tax purposes. Return to top |
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Setting Up A Business: Corporate Forms
Mexican law allows for several types of companies that can be formed. There are various differences in their legal and tax treatment. This site is the place to begin to set up a business in Mexico. Find out which forms you need to get started incorporating your business.
| | Foreign Trade, Part I
Here is your guide to foreign trade regulations in Mexico. Included in this site are the principle Mexican foreign trade entities and an explanation of tariff law.
| | Foreign Trade, Part II
This is your guide to foreign trade law in Mexico. Find out how to keep your business in line with Mexican law. Understand Mexican quotas, petitions and subsidies.
| Business Practices in Mexico: The Hiring Process
Click here to find out more about the hiring process in Mexico. Also included is information on the Mexican work schedule and benefits.
| | Taxes in Mexico: An Introduction
This is where to begin if you need to learn about Mexican tax law. The site includes a general introduction to the most basic types of taxes in Mexico. Start here, then browse through our other more detailed pages on Mexican taxes.
| | Taxes in Mexico: Individual Income Tax
Have you wondered if you will need to pay taxes while you are in Mexico? Refer to this site for Mexican tax law, income tax law, and the tax requirements for Mexican residents and non-resisdents.
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