Dear Clients and Friends, The National Commission on Minimum Wages determined the following increases, effective as of January 1st, 2021: General Minimum Wage: The new Minimum Wage will be $141.70 MXP Northern Border Free Zone: The new Minimum Wage for this zone will be $213.39 MXP. Professional minimum wages: 2 new categories are created: Domestic…

Dear Clients and Friends, On December 9th, 2020, the Senate approved the Decree that reforms Article 311 and adds Chapter XII BIS of the Federal Labor Law (LFT), regarding remote working (known as “home office”), which was previously approved by the Chamber of Deputies. The Decree is currently pending publication in the Official Gazette of the…

In recent days, a reform initiative related to the outsourcing of personnel was presented. This reform is not only to the Federal Labor Law, but also to the Social Security Law, the Infonavit Law, the Federal Tax Code, the Income Tax Law and the VAT Law (among others, limiting the cases where there may be…

On September 4, the Ministry of Economy published on the Federal Official Gazette an agreement modifying the formats for filings with the National Foreign Investment Registry (NFIR or RNIE for its acronym in Spanish), in order to comply with reporting obligations set forth under the Foreign Investment Law and the National Registry of Foreign Investment…

Expatriates who come to work in Mexico have the status of employees and must be affiliated to the Mexican social security system (IMSS – INFONAVIT – SAR). These expatriates, during the time they work in Mexico, currently accumulate approximately up to $7,500.00 pesos per month, in their retirement and housing savings funds mandated under Mexican…

Dear Clients and Friends, On September 10, 2020, the  Federation’s Official Gazette published the RESOLUTION that modifies the one that established the General Rules relative to the application of the customs provisions of the Treaty between Mexico, the United States of America and Canada, with the corresponding annexes. Said Resolution entered into force on September…

On August 11, the Official Gazette of the Federation published a decree that adds a fifth paragraph to article 1 of the Law of Acquisitions, Leases and Public Sector Services (”Law of Acquisitions”). The addition provides that the Law of Acquisitions will not apply to the procurement of health products or services by Mexican agencies…

Dear Clients and Friends, As we mentioned in a previous alert, the Law of Commercial Bankruptcy indicates the cases in which there is presumed to be a generalized breach of obligations by a merchant, which may lead to the initiation of a Commercial Insolvency proceeding, either by said merchant, by a creditor, by the Public…