Dear Clients and Friends: Among the main purposes of the USMCA is to facilitate international trade and investment between the parties. The fight against corruption is considered a substantial element to fulfill such purpose. Under Chapter 27 “Anti-corruption” of the USMCA, the parties undertake to take measures to combat bribery and corruption, among which the…

Following the signature of the Treaty between Mexico, the United States of America and Canada (T-MEC), the Promulgatory Decree of the Environmental Cooperation Agreement between the Governments of Mexico, the United States of America and Canada, signed by the three countries in 2018, was published on July 15, 2020, in the Official Gazette of the Federation (“Agreement”). Since…

Dear Clients and Friends, The USMCA, which came into force on July 1, includes a series of labor obligations that companies must comply with in order to avoid tariff penalties. The main areas in which companies must comply with are: 1. Freedom of association and collective bargaining. 2. Elimination of child labor. 3. Abolition of forced labour. 4. Elimination of…

Dear Clients and Friends, Yesterday, July 9, the Ministry of Economy published in the Official Gazette of the Federation, the agreement regarding the Uniform Regulations for the interpretation, application, and administration of several chapters of the USMCA that were pending regulation (“Agreement”), as reported in our legal alert of June 30. These chapters are the following:…

Dear Clients and Friends, On July 1st, in its evening edition, the Official Gazette of the Federation (OGF) published the decrees amending, repealing and issuing several federal laws, as well as approving the Agreement on Environmental Cooperation between Mexico, the United States and Canada. Such amendments, and the issuance of new laws, are mainly due to the…

Dear Clients and Friends, Yesterday, June 29, the Official Journal of the Federation (OJF) published the Promulgatory Decree of the Protocol by which the United States-Mexico-Canada Agreement (USMCA) replaces the North America Free Trade Agreement (NAFTA), as well as eight parallel agreements between Mexico and the United States, and the Amending Protocol the T-MEC (“Promulgatory…

Dear Clients and Friends, On June 28th, 2020, the Senate of the Mexican Congress sent for its vote and approval on the extraordinary period of sessions, the new “FEDERAL LAW FOR THE PROTECTION OF INDUSTRIAL PROPERTY” to take place on June 29th and June 30th, 2020. And today the Senate approved, with slight modifications, this law which has yet…

Dear Clients and Friends, Among the recent reforms to the Fiscal Code of the Federation (“CFF”), in force and effect as of January 1st, 2020, is included an amendment to its article 27 regarding the obligations to the Federal Taxpayers Registry (“RFC”). Derived from said amendment, a new obligation is imposed in section A subsection…