Business Opportunities in Mexico - Guerrero

The state of Guerrero, Mexico is looking to expand its business relations with foreign countries and investors. The state government knows that the incentive’s objective is to attract foreign direct investment into the sectors that need the economic impulse for job generation, enhance investment and competitiveness between Guerrero’s enterprises. This is why the state has prepared a series of business incetives.

Here are some examples of the incentives that the state of Guerrero will grant any investors that comply with the requirements set forth by the State Economic Development Agency:

I. A discount of 25% to 80% in tax payment - impuesto sobre remuneraciones al trabajo personal - a local tax equivalent to the 2% of the entire payroll in a fixed calendar period which includes salaries, wages, bonuses and deductions, for up to a period of 5 years for growing or new companies.

II. An additional 5% discount in tax payment (impuesto sobre remuneraciones al trabajo personal) for those companies that will employ women (minimum of 40% of its total working force).

III. Another additional 5% discount in tax payment (impuesto sobre remuneraciones al trabajo personal) for companies employing people with physical disabilities.

IV. Additional 5% discount in tax payment (impuesto sobre remuneraciones al trabajo personal) for those companies employing seniors (alt least 5% of it ’s working force).

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