Legislation

Person wiring "tax" on a white piece of paper.

Overview of the Taxation System in Mexico

Business activity and investment levels are booming in Mexico. Though foreign direct investment (FDI) flows are healthy, the government is making efforts to further encourage FDI by implementing a set of reforms to the local taxation system. This includes numerous labor reforms, changes to Value-Added Tax or ‘Impuesto al Valor Agregado’ (IVA) laws, and improving free …

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Cannabis

Peru’s New Cannabis Law Opens the Doors for Big Business

On 23 February 2019, Peru’s government published in the official local newspaper, El Peruano, the regulation of Law N° 30681 that legalized the medicinal and therapeutic use of cannabis and its derivatives. In this way, Peru is at the forefront in the legalization of cannabis, mainly for medicinal use; which was led by Uruguay. It …

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Renewable energy Colombia

Renewable Energy Business Opportunities in Colombia

The world’s renewable energy capacity has grown by an average of 8% over the last decade. So far, investments in renewable energy are increasingly flowing into the emerging market. A significant portion of that is flowing into Latin America. Investments totalled around US$54 billion between 2012 and 2015, with the bulk taking place in Brazil, …

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mexico cannabis legislation legalisation

How to be a First Mover Following Legalization of Cannabis in Mexico

The legalization of cannabis in Mexico is set to pass by Mexican Congress in October. The government hopes to closely regulate the industry to increase tax revenues. A poll run on Twitter by Mexico’s secretary of Security and Civilian Protection shows more than 80% of respondents lean in favor of the Bill. That’s good news …

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Cannabis plant

What We Know About Mexico’s Upcoming Cannabis Legalization

Marijuana has long been seen as an illegal substance. With the exception of some countries, the plant is prohibited across the globe in most forms. However, progressive governments and medical discoveries have instigated a shift in global perceptions towards cannabis. With major players emerging in cannabis production and setting successful examples for regulating cannabis industries, …

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