Mexico is one of Latin America’s most dynamic and promising countries, with a growing economy and an increasingly diverse and sophisticated labour market. These conditions are attractive for those looking for a business opportunity to invest and, in the same way, seek growth and diversification. Without a doubt, Mexico is one of the best options to invest in since it has the following characteristics:
Mexico has extensive geographic diversification.
Investing in Mexico can provide an opportunity to geographically diversify your portfolio, which can help reduce risk and improve long-term profitability while also being rich in biodiversity. Mexico is among the twelve countries with mega diversity in the world; it is the fourth most important, where we can find the habitat of 10% of all animal and plant species on the planet.
Similarly, Mexico is a port of entry for the Latin American markets, which means that investors who invest in the country can access a wide range of regional opportunities.
It has a growing market
Mexico is one of the largest economies in Latin America, and its economy has been growing steadily in recent years. Additionally, Mexico has a young and rapidly growing population, which means a broad potential consumer base for businesses looking to expand. Industries such as the automotive industry have experienced significant growth in recent years.
Structural reforms and solid infrastructure
Mexico has implemented several structural reforms in recent years, including energy, tax and labour reforms, which have improved the country’s competitiveness and attractiveness to investors. Likewise, Mexico has a solid infrastructure, including an efficient transportation system, an extensive telecommunications network, and a developed financial system. This makes it easier for companies to operate and expand in the country.
In the same way, to start investing, it is essential to know the legal factors and regulations to start operations in Mexico:
1. Foreign investment regulations: Our country has an open foreign investment policy so that foreign investors can invest in virtually any economic sector without restrictions. However, some sensitive sectors, such as national security and public health protection, are subject to additional regulations.
2. Tax regulations: Mexico has a robust tax structure, and investors should consider tax regulations when investing in the country. Investors must comply with tax requirements and be aware of relevant laws to avoid future problems.
3. Labor Regulations: Mexico has strict labour regulations, and investors must comply with them when investing in the country. Investors should be aware of workers’ rights and comply with labour requirements to avoid future problems.
4. Environmental regulations: Our country has strict environmental rules in favour of our biodiversity, and investors must comply with them when investing in the country. Investors must be aware of environmental regulations and comply with the requirements to avoid future problems.
At ORBE, we can help you
In addition to the Tax Accuracy Checkup, our ORBE staff offers various other tax advisory services, including tax planning, transfer pricing, and corporate tax compliance support. By working with ORBE Advisors, companies can ensure they have the knowledge and expertise to navigate the complex Mexican tax system and stay compliant with Mexican Tax Laws.