Market Intelligence
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On October 11, 2023, The Mexican President published a decree, offering attractive fiscal incentives tailored to crucial sectors of the export industry
The Mexican Government restricted the importation of lubricants, certain fuels biodiesel, fuel additives, and chemicals into Mexico.
SAT/Mexican IRS announced on September 25, 2023 the new version 3.0 of the Carta Porte Supplement. This update officially takes effect on November 25, 2023.
The main objective is to add an IFT seal to the label as a mark that the product complies with quality specifications that are yet undetermined.
The decree went into effect August 16, 2023, and expires July 31, 2025.
On July 18, 2023, after four years without a Mexican Tax Ombudsman, the Government of Mexico confirmed the appointment of the new PRODECON Attorney General.
The June 22, 2022 decision allowing Customs Brokers applications-first time in 24 years-may impact U.S. exporters experience and exporting requirements.
The Mexican government has implemented regulations prohibiting Mexican companies from importing goods that involve forced labor, effective May 18, 2023.
On April 19, 2023, Mexico’s Official Gazette (DOF) announced that Mexico’s iconic foundry, Altos Hornos de Mexico (AHMSA) declared bankruptcy.
The Government of Mexico has established a new threshold for imports relevant to U.S. companies planning to explore or expand their business via e-platforms.
On September 7, 2022, the Ministry of the Economy published the Foreign Trade Compliant Company Program (Empresa Cumplida en Comercio Exterior) (“ECCE”) guide.
Mexico’s Customs Agency is implementing a mandatory requirement for all Mexican importers, a “Notice of Crossing” prior to clearing goods through Mexican ports.
The decree contains new tariffs, taxes, and provisions on Commercial Identification Numbers (NICO) and Harmonized Tariff Schedule (HS Codes).
Overview of opportunities and new benefits for U.S. companies exporting to Mexico using courier and parcel companies.
Mexican Customs updates related to the Steel Mill Certificate and the Certificate of Quality, specifying the characteristics of each one in the import process.