Business Directory Search
|
Mexican Tax Law: Value Added Tax
|
|
|
 |  |  |
|
 A company doing business in Mexico will be obligated to pay Value Added Tax (VAT) when it carries out any of the following activities:
alienates or leases goods; renders independent services; or imports goods and/or services.
This tax shall be calculated by applying the general rate of 15% to the price of the goods or services. If residents in defined border areas of Mexico (North America and Central America) perform the foregoing activities, the applicable rate will be 10%. The VAT is charged to the taxpayer who acquires the goods or receives the services from the company. Therefore, the VAT must be stated separately on the invoice of the goods or services. Basically, the company shall pay to the tax authorities the difference between the VAT it has transferred to its clients or paid on the importation of goods and services from the VAT the company had paid to third parties during the course of business. However, if the Mexican company with an Export Incentive Program authorized by the Ministry of Economy, definitively exports such goods or services from Mexico, and such goods or services are utilized entirely outside of Mexico, the VAT shall be 0%. Return to top |
|
Other Articles |
| |
Canadian Chamber of Commerce in Mexico
The Canadian Chamber of Commerce in Mexico (CCCM) is a non-profit organization founded in 1982 by a prominent group of Canadian and Mexican companies. The mission of the CCCM is to promote and strengthen the commercial, financial and investment relationships between Canada and Mexico. The primary aim of the CCCM is to serve as a home for Canadian businesspersons in Mexico.
| | British Chamber of Commerce in Mexico
The BritCham represents not only British business interests but other European chambers of commerce as well, and is the perfect connection when it comes to facilitating business in Mexico. Their extensive network is also the best way to get into contact with other British and European nationals living, working and doing business in the country. Below we've presented an introduction and information on how to get in touch with the BritCham.
| | Business Practices in Mexico: The Basics
Are you conducting business in Mexico? Are you aware of the most significant cultural differences? Refer to this page for a quick education in Mexican dress code, negotiations and business lunches.
| Busines Practices in Mexico: The Social Arena
Become familiar with the expected methods of social interaction in Mexico. Make sure you know the local customs before diving into your first business meeting.
| | Doing Business with Mexico
Doing business "with" Mexico suggests engaging in international trade directly from the home office. Doing business "in" Mexico suggests the additional step of establishing a physical presence in Mexico and regularly engaging in commercial activities. Which would be best for your business? Click here to learn more.
| | Doing Business with Mexico, Part II
What business activites are you interested in starting up in Mexico? Will you have to pay taxes? Find out how to answer these questions about your new business with Mexico in this article.
|
|
|
|
|
|
Service Request
|
