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Maquiladora Industry: Recommendations for "IMMEX" Companies for Fiscal Year 2023

Como consecuencia directa de los procesos de manufactura globalizados, las maquiladoras (ahora empresas “IMMEX” referidas de manera indistinta en este documento) han logrado posicionarse en México como uno (sino es que el...more

IMMEX Highlights – Upcoming Deadlines

We hereby remind you of the following reporting obligations that must be complied by Mexican IMMEX companies during April and May....more

What is an Automotive Fiscal Deposit in Mexico?

Original Equipment Manufacturers (OEMs) operate in Mexico under a specific customs regime identified as fiscal deposit, which enables them to introduce into their authorized premises on an in-bond basis, machinery, equipment,...more

IMMEX Highlights –REMINDER of deadline for filing the Annual Operations Report

As previously mentioned in our February 15, 2021 insight, IMMEX companies in Mexico are required to electronically submit before the Mexican Ministry of Economy, an Annual Operations Report informing of their total amount of...more

IMMEX Highlights – Compliance with Annual Operations Report Requirement

Among the obligations that IMMEX companies need to fulfill to be in compliance with their Program authorizations, they must carry out annual export sales greater than USD $500,000 or representing at least 10% of their total...more

As COVID-19 Economic Downturn Hits hard, the Mexican Government Tightens its Grip on all Revenue, and Looks to Target Maquiladoras...

While there is a growing understanding of the sanitary measures needed to restart manufacturing operations in a safe and efficient manner (i.e. social distancing, testing, masks & facemasks, others), the economic consequences...more

PROSEC and Rule 8 - How do These Trade Facilitation Programs Work in Mexico?

In recent posts, we have informed what does IMMEX stands for, and how a company may benefit from said trade facilitation program established by the Mexican government. As we have explained, IMMEX covers final products...more

10/23/2019  /  Free Trade Agreements , IMMEX , Imports , Mexico , NAFTA , OEM , Tariffs

IMMEX Highlights – Certificates of Transfer of Goods

Auto part manufacturers that operate under an IMMEX Program and sell their products to Original Equipment Manufacturers (OEMs) in Mexico, should be aware that Mexican applicable regulations provide that OEMs that acquire such...more

IMMEX Highlights: NAFTA Implications on IMMEX Operations

Under an IMMEX Program, a company may temporarily import materials and assets into Mexico to be used in the production of final products to be exported, or in rendering export-related services with certain benefits....more

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