Mexican economy grew around 3% last year, fueled by tourism

Mexico's economy grew by about 3% in 2022, Finance Minister Rogelio Ramirez de la O said in a statement Tuesday, as Latin America's second-largest economy tries to recover from a pandemic-induced decline. According to the statement, economic…

Mexican economy to grow by at least 3.5% until 2024

Mexican President Andrés Manuel López Obrador estimated on Sunday that the local economy, the second largest in Latin America, will grow by at least 3.5% in 2022, 2023 and 2024. Mexico was the country that registered the highest growth…

Why do WMP Mexico Advisors rely on an assorted team?

"Men tend to be risk-takers, women tend to be risk-opposers" – It is a truthful cliché, even in professional life. If both genders are equally represented within the company, resulting decisions will be made in a more balanced and better…
Mexivo Start-Up Management: Real estate search
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Mexico Start-Up Management: Real Estate Search

After a successful location analysis, the choice for the new company location fell on Mexico. Now it is necessary to search for an adequate real estate. It is highly recommended to visit Mexico before deciding to invest. Not just in order to…
Why the Automotive Industry continues to invest in Mexico

Why the Automotive Industry continues to invest in Mexico

U.S. President Trump threatens automotive manufacturers to impose protectionist tariffs when transfering production sites from the United States to Mexico. However, that does not seem to prevent companies from investing in Mexico.  It…
Change to “Provisions of Industrial Property Rights”

WMP Legal News: Change to “Provisions of Industrial Property Rights”

On May 18, 2018, a Legislative Decree was published in the Official Journal of Mexico amending, adding, and repealing various intellectual property provisions. As part of these reforms, the brand term enshrined in Art. 88 has been extended…
Business Process Outsourcing
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Business Process Outsourcing

According to a study by the Information Services Group (ISG) the demand of outsourcing of IT systems and business processes in medium-sized companies has been increasing. Frequently outsourced services are usually: Finance and accounting …
Tax System in Mexico

Tax System in Mexico

The Mexican tax system has a reputation of not being easy to handle. The tax reform in 2014 aimed to increase fiscal revenue and to limit special arrangements. We would like to give you a short overview of the most important tax categories. Corporate…
Cultural challanges in Mexico
News in 2017
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News in July 2017

We summarized news in the fields of economics, finance and politics in Mexico relevant for our clients. They can be found in our Newsletter as well. The articles are carefully researched, however we do not assume any liability for the correctness…