Mexico- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

Use PEO Services in Latin America to Continue Business During Restricted Travel Periods

Use PEO Services in Latin America to Continue Business During Restricted Travel Periods

Businesses may consider utilizing PEO services in Latin America to support their business continuity planning. Like many countries, Latin American governments are currently placing restrictions on travel and commercial activity as part of their measures to counter the spread of coronavirus, or COVID-19. Economies worldwide - and the businesses within them - are experiencing varying effects on their commercial activity from these restrictions. The short and medium-term future for businesses may...

Payroll Calculator: Calculate Costs of Hiring Staff in Latin America

Payroll Calculator: Calculate Costs of Hiring Staff in Latin America

We’ve launched our new Payroll Calculator, now available on our website, so you can better understand your hiring costs and requirements when expanding your business in Latin America. Keeping tabs on all the details of your corporate and human resources requirements and their associated costs is difficult. The added challenge of breaking through a language barrier can make this especially so for foreign companies in Latin America. We’re committed to continuous improvement and innovation. Find...

International Leaders Plan Strategic Direction for the Year Ahead

International Leaders Plan Strategic Direction for the Year Ahead

Bogotá, 1 March 2020 – Biz Latin Hub leaders from all over Latin America are coming together in Bogotá over the next week to share updates of the operations of their respective country offices. Together with Managing Director Craig Dempsey and Chairman David Wright, they'll map out the company's growth strategy for the next 12 months, and plan the future movements of their respective offices. Biz Latin Hub's Corporate Office will host international business leaders from its 12 offices across...

Overview and Opportunities in Fintech in Mexico

Overview and Opportunities in Fintech in Mexico

Find out the opportunities available for foreign tech companies in fintech in Mexico. Financial technology or 'fintech' is becoming more popular as technology is continues to transform traditional sectors. Fintech innovates elements of the financial services industry to make transactions more efficient, digital, and accessible to its customers. Consequently, new fintech options are becoming popular amongst consumers, companies and business owners to guide their financial operations. The use of...

Essential Back Office Services in Central America for Business Expansion

Essential Back Office Services in Central America for Business Expansion

Back office services in Central America are essential for business expansion Outsourcing your non-core functions such as data entry and document conversion reduces the pressure on your own employees on the ground, and the risk of non-compliance in a new market with unfamiliar regulations.  When seeking externally provided back office services in Central America, you  avoid the trouble of hiring specialist employees, and investing in technological and infrastructural fronts. Your work is...

What is the Role of the Public Notary in Mexico?

What is the Role of the Public Notary in Mexico?

The Public Notary in Mexico plays an essential role in company formation and other processes. It's important that foreign executives expanding into the country understand the Notary's functions and when to use their services. Although the government is foreign business-friendly, Mexican law does mandate strict procedures when incorporating a company, in which a Public Notary plays a vital role.  If the company formation process is not followed correctly then this could lead to delays in...

Why Get an Entity Health Check in Mexico?

Why Get an Entity Health Check in Mexico?

Just as people need a checkup at the doctor’s office at least once a year, companies should also routinely perform an ‘entity health check’ in Mexico for their subsidiary or branch. This review is also known as a corporate health or corporate compliance check. Depending on the business’ activity, it’s recommended to conduct these checks regularly. Hiring external auditors to review the status of your company in terms of its corporate compliance in Mexico protects it from unforeseen penalties...

What are the 6 Key Steps for Company Formation in Mexico?

What are the 6 Key Steps for Company Formation in Mexico?

It is imperative that investors know and understand the 6 key steps of company formation in Mexico in order to successfully begin commercial activities within the Mexican economy. Mexico is widely cited to become a top-ten economy in the world within the next decade. Over recent decades, Mexico has become an increasingly low risk, high growth economy providing an attractive environment for business. This is attributed to consistent GDP growth, weak peso, expansion of the middle class, and an...

What are the Business Opportunities for Australian Companies in Mexico?

What are the Business Opportunities for Australian Companies in Mexico?

In recent decades, Mexico has become a strong and stable economy on a global scale, encouraging and attracting local and foreign business opportunities. Economic similarities between other regional powers generate valuable opportunities, such as those for Australian companies in Mexico. This is attributed to fruitful trade deals, competitive cost structure, openness to Foreign Direct Investment (FDI) alongside many other factors. Mexico now boasts the second largest GDP in Latin America and...

Celebrating Australian People and Companies in Latin America

Celebrating Australian People and Companies in Latin America

Biz Latin Hub team members in Colombia and Mexico celebrated Australia Day. Last week, Biz Latin Hub team members in Colombia and Mexico celebrated Australia Day, the country’s national day recognizing the British First Fleet’s arrival to Port Jackson, New South Wales in 1788. The Australian Embassy in Bogotá celebrated this national anniversary alongside Australian partners and associates.   As a multinational Australian company in Latin America, Biz Latin Hub proudly sponsored the event. In...

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