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The Bajío Region: Engine of the Mexican Economy

Located in the center of the country, the states of Aguascalientes, Guanajuato, Querétaro, Jalisco and San Luis Potosí are among the most popular economic regions. The five states that make up the Bajío region together generate about 17.4%…
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Mexico on the way to a green circular economy

In the context of scarcity of raw materials and fluctuating prices of those in our economy, the approach of a sustainable Circular Economy contributes to security of supply and environmental protection. The Circular Economy is the intersection…
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International Women’s Day: Mexican Women Power

Every year, International Women's Day is an opportunity to reflect on aspects related to the role, position and importance of women, whether in society, in the economy, in politics but especially in the working environment. Mexico is a country…
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Digital central bank money: The secure future for national transactions

With the demand for virtual assets so high, central banks around the world are considering issuing their own digital currencies. The blockchain community is a driving force behind the idea of digital central banking. The main cryptocurrencies,…
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Uncollectible Accounts

Collections in Mexico The collection process in Mexico may be quite difficult due to missing standards and complicated legal processes in this area. There is no framework on standard payment terms or on late payment fees. These must be agreed…
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Secretary of Finance: Requirement to pay taxes at latest on the 17th

Recently, the Secretary of Finance together with the SAT has started to send out audit requests to companies which do not pay their taxes on the 17th of each month. Even if the tax law allows for additional days depending on the tax ID, we strongly…
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Thin Capitalization Regulation in Mexico

What is thin capitalization and why is it important? Companies are usually financed through a mix of equity and debt. If a company’s financial structure includes a relatively high level of debt in comparison to its equity, it is referred…
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Transfer pricing in Mexico

What is Transfer pricing? Transfer prices refer to the prices that affiliated companies use to valuate transactions with each other. By setting a transfer price international companies can shift the profit of a company from one country to…

Querétaro – The most livable state in Mexico

Mitofsky is a leading Mexican company dedicated to produce representative surveys. Within the scope of the 'México opina' Section, 5,236 Mexicans were interviewed regarding their opinion on the 31 Mexican States from 09.-15.01.2020. Cultural…

The future on Mexico’s roads

Many renowned vehicle manufacturers, as well as smaller start-ups, are constantly working worldwide on the development of electric and autonomous vehicles. For instance, the German company Continental announced last year that it would increase…