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…
Dear Clients and Friends, On July 1, 2020, the Federal Government published in the Official Gazette of the Federation the new “FEDERAL LAW FOR THE PROTECTION OF INDUSTRIAL PROPERTY”, which will enter into force 90 business days as of the date of publication (November 5, 2020). This new, modern and innovative Federal Law for the Protection…
Dear Clients and Friends, On July 24, 2020, the First Resolution of Amendments to the General Rules of Foreign Trade for 2020, was published, modifying obligations and benefits to companies registered in the Certification Scheme Registry, both in the VAT and IEPS modalities, and in the Authorized Economic Operator modality. Furthermore, yesterday the Tax Service Administration…
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…