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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

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

Do You Know What IMMEX Stands For?

It is common to hear that auto part manufacturers with plants in Mexico that export their final products or that sell them to Mexican Original Equipment Manufacturers (OEMs), operate under trade facilitation programs that...more

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