Setting up a business can be a challenge because some cultural and legal differences, also the language can play a huge barrier. However, in this article I will explain the main terms and mechanic to understand Mexican the Tax System.
In the actual economic environment, the globalization of companies is being indispensable for companies’ survival. There are several reasons to start a business outside the US, cost-cutting, explore new markets, increase of sales, search for new talent, etc.
According to a survey performed in 2019 by Consulting firm Price Water House and Coopers (PWC), Mexico is located in the 4th place of economic wroth for US companies, only overcome by China, United Kingdom, and Germany.