In Mexico there is an obligation of profit-sharing!
Every year, 10 percent of a company's taxable profits are distributed to employees in the form of employee profit-sharing. According to Mexican law, every employee has a right to receive it. Exceptions are managing directors, board members,…
Invest in Mexico
Especially in recent years, Mexico has proven to be one of the most influential economies in the world. It is not only the optimal geographic location, but also the extremely favorable conditions for business relations that encourage more and…
Motivating employees- the importance of an appropriate leadership style in Mexico
Creating a highly motivated workforce is crucial for a company in order to ensure high productivity and therefore contributes to the overall success of a business. Developing an appropriate leadership style is mainly based on the field of psychology,…
Trademark Registration in Mexico
According to articles 87 to 98 of the Industrial Property Law, industrialists, merchants, or service providers may use trademarks; however, an exclusive right is obtained by registration of a trademark with the Mexican Institute of Industrial…
The basic features of Labor Law in Mexico
Compared to Europe, labor law in Mexico has numerous fundamental differences. So, what’s it like in Mexico? We provide you with a summary of the basic features of labor law in Mexico to make sure you are well informed.
Working hours in Mexico
Weekly…
Employment of foreign personnel
If you want to employ foreign employees, you should observe mexican migration law.
Article 166 of the Migration Act states that both, natural and legal persons, who recruit foreign personnel or make employment offers to a foreigner, need…
School system Mexico – How are Mexicans educated?
To understand the education standards in Mexico, it is important to know how the school system works in Mexico. In the following we provide an overview of the education system in Mexico.
Kindergarten
The pre-school in Mexico starts at the…
Minimum wages Mexico
On 26 of December 2018, the Commission's decision on the minimum wage, which sets general and professional minimum wages from 1 January 2019, was published in the Official Journal of the Federation.
The decision stipulated that the country…
Moving to Mexico and making business
In search of self-fulfillment and a life full of individuality, emigration promises the coveted silver lining on the horizon. More and more people are leaving Germany and are going to the USA, Great Britain, France or Spain. While the United…
Accounting programs in Mexico
Often it is difficult to choose a suitable accounting program for your company, unless you are part of a multinational corporation that already has a global accounting system in place. In particular, small and medium-sized companies are concerned…