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Faces of WMP | WMP Legal

To help you get to know our teams and employees better, from now on we will introduce them to you on our blog. This month, the WMP Legal team. WMP Legal WMP Legal is a German-Mexican law firm and part of the WMP Mexico Advisors Group, which…

Mexico ranked among the 10 countries featuring the highest overseas direct investment.

In 2020, Mexico was ranked 9th amongst the countries featuring foreign direct investment. Moving up 5 places since 2019 according to UNCTAD data. In addition to Mexico, USA, China, Hong Kong, Singapore, India, Luxembourg, Germany, Ireland, and…

Opening of liaison office in Shanghai

We are pleased to open our WMP Representation Branch Office in Shanghai. WMP Mexico Advisors is expanding its portfolio to also enable Chinese companies to enter the Mexican market. In an interview, WMP’s Managing Director and Founder Thomas…
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Tax effects of the Outsourcing Reform

The Outsourcing reform approved on April 20 has not only legal but also tax implications for companies in Mexico. The changes, which affect the CFF, the LIVA and the LSR, will come into effect on August 1, 2021. What will change at the tax…
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Outsourcing Reform passed

On April 20, 2021, the plenary session of the Senate of the Republic, approved in general and in particular the reform to several laws: Federal Labor Law (LFT), Social Security Law (IMSS), Law of the National Workers' Housing Fund Institute…

WMP Mexico Advisors one year in home office

March 2020 - The first Covid-19 cases occur in Mexico. In April of that year, home office becomes mandatory for all non-systemic professions. This means that WMP Mexico Advisors will also be forced to send its employees to home office. To date,…
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New agreement on Outsourcing Reform

On April 5, 2021, The Mexican President Mr. Andres Manuel Lopez Obrador, Union and business leaders reached a new Outsourcing and Profit Sharing agreement. The following is included in this new agreement: Personnel outsourcing is banned, …
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Querétaro among the 10 cities with the greatest economic potential

Querétaro is ranked 8th in the list of cities under 2 million inhabitants with the greatest economic potential. This ranking was published by the Financial Times Business Magazine in collaboration with FDI Intelligence. Different factors, such…

New Business Division WMP Digital

We are pleased to introduce WMP Digital, the newest of our business units. In addition to Tax&Accounting, Consulting and Legal, WMP is expanding its portfolio with an added value to support its customers along the digital transformation…

Online trade booming in Mexico

In 2020, online retail purchases registered 81% increase in Mexico. Online best sellers are foodstuff deliveries, electrical items, and cosmetic products. What are the opportunities for investors?   Online retail sales in Mexico accounted…