Dear Clients and Friends, On January 10th, the Guidelines for the operation of the program Youth Building the Future were published, effective as of their publication. This program determines the following. OBJECT To regulate the operation of the program Youth Building the Future in the 32 states of the country. PURPOSE Provide job training opportunities…

Dear Clients and Friends, Today, January 10th, 2019, the values of the Measurement and Update Unit (UMA) valid as of February 1st, 2019 were published. In accordance with the procedure established in Article 4 of the Law to Determine the Value of the UMA, its value is updated as follows: The daily value will be…

Dear Clients and Friends, On December 28th, 2018, the Federation’s Income Law for 2019 was published in the Federation’s Official Gazette, from which it can be concluded, with regard to the compensation of favorable tax balances, that as of January 1st, 2019: Taxpayers will no longer be able to make the compensation against the amounts…

Dear Clients and Friends, As we pointed out in our last Legal Alert, the Official Gazette of the Federation (DOF) published on December 26th, 2018, the Resolution of the National Minimum Wages Commission (CONASAMI) that sets the general and professional minimum wages in force as of January 1st, 2019. The resolution determines that the main…

Dear Clients and Friends, The National Commission on Minimum Wages determined the following increases, effective as of January 1st, 2019: General Minimum Wage (exclusively): A daily increase in the amount of $9.43 (nine pesos 43/100) Mexican Pesos, through the increase of the Independent Recovery Amount (MIR, per its acronym in Spanish). An additional increase of…

Dear Clients and Friends, Finally, some certainty. Although the USMCA still must be ratified and passed before it can go into effect on January 1, 2020, as expected, its text has produced clarity and stability on the modifications and future of the Automotive Trade between the United States, Canada and Mexico. Besides that USMCA will…

Dear Clients and Friends, On October 23th, the Mexican Labor Ministry published the NOM-035-STPS-2018, Psychosocial risk factors at workplace-Identification, analysis and prevention. It provides for normative requirements that aim to establish specific elements to identify, analyze and prevent psychosocial risk factors, as well as the evaluation of the organizational environment and its favorable promotion in…

In the late hours of September 30, 2018, Canada and the United States concluded their bilateral negotiations, which consequently led to the finalization of the negotiations for the modernization of the North American Free Trade Agreement (“NAFTA”) of which Mexico, the U.S. and Canada are a Party to since 1994. This negotiation process lasted more…