If you want to do business in Mexico, you cannot overlook the most critical points about the Mexican economy, legal, tax and trade legislation.

With our Baja California Investor’s Manual, you will be able to have a broad vision of how to invest in the country.

If you’re interested in learning more about our services and how to help you set up your entity in Mexico, please do not hesitate to contact us! We will schedule a customized meeting with your organization.

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EFE Consulting Group™?


Award-Winning Business Consulting Firm

EFE Consulting Group™ is the fastest-growing consulting firm in Latin America in the last decade.


Cross-Border Experience

Highly experienced in helping companies from all over the world to set up their business operations in Mexico


Business-oriented advisors

We’ll guide you step by step, and provide everything you need to establish business operations in Mexico.


Why should you read this manual?

Doing business in Mexico presents great opportunities, but also has some significant challenges. Understanding how laws work gives potential investors a political, legal, tax, trade, and economic overview of Mexico’s business development.

We invite you to download our Investor’s Manual, so you can understand precisely how to constitute and grow your business in Baja, Mexico.

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to invest wisely in Mexico


Mexico is ranked as the 2nd largest economy in Latin America, after Brazil, with a total of $2,268,870 billion in GDP. Mexico is considered the leading exporter in the whole Latin America region.

Mexico is one of the most open economies in the world, with limited restriction to trade. Mexico has access to 50 countries through its mutually Free Trade Agreements:


Mexico’s Free Trade Agreements with the Pacific alliance comprise 41% (USD$2,707) of Latin American and Caribbean GDP.


Mexico’s Free Trade Agreement with the European Union shared 22.09% (USD$19,974) of the world’s GDP.


USMCA has a GDP of $24,440 which comprises 28% of the world’s GDP ($11,262) of the overall world’s GDP.

In 2020, Mexico received a foreign direct investment of more than USD 29 billion, most of it invested in the manufacturing industry.

Mexico’s economy is diversified, including hi-tech industries, oil production, mineral exploitation, and manufacturing.

According to the latest data from the World Bank, agriculture accounted for 3.8% of Mexico’s GDP in 2020 and employed 12.4% of the country’s active population in 2019.

Major Trading Partners

Main customers 2019 (% of exports)
United States 77.85%
Canada 3.10%
Germany 1.54%
China 1.50%
Brazil 0.92%
Japan 0.85%
Colombia 0.76%
United Kingdom 0.61%
Main suppliers 2019 (% of imports)
United States 45.28%
China 18.24%
Japan 3.94%
Germany 3.89%
Malaysia 2.54%
Canada 2.16%
Brazil 1.46%
Italy 1.34%


Setting up a business in Mexico may have its challenges. We would help you understand and guide you throughout the whole process of starting a business in Mexico.


business in Mexico



corporation in Mexico



A) Mexican tax residents

Mexican residents and foreign companies with their principal place of business in Mexico shall be considered Mexican tax residents and shall be subject to corporate taxes.

B) Corporate tax rate

The corporate tax rate in Mexico is 30%.

Foreign companies duly established in Mexico are taxed on the income generated from their operations within Mexico. Foreign companies duly established in Mexico are subject to the same tax rates as Mexican residents.

Capital gains are subject to the standard corporate tax rates. Capital gains under Mexican law could come from the sale of fixed assets, shares, or real estate.

Mexican labor law establishes to corporations a profit-sharing of 10% of net profit with all employees, with a cap of 3 months’ salary or an average of the past three years.

Most real estate transactions range from 2% to 5% tax rate.


taxes obligations in Mexico

Taxes Obligations


Mexico has been seeing a trade surplus in recent years. In 2020, exports of goods and services decreased by 7.3%, reaching USD 434.4 billion, while imports decreased by 14.8%, reaching USD 418.2 billion – taking the trade balance to a surplus of USD 34.4 billion.

Over recent years, the impact of the U.S.- China trade war has increased Mexican exports to the United States. Both, Mexico and the USA, benefit from production sharing, a process in which a product could sometimes be designed in the USA, assembled in Mexico, and returned to the USA for the final part of the production.

The country has signed a dozen free-trade agreements with about forty different countries of the world. Other trade advantages of Mexico include its free-trade agreement with the European Union since 2000, a trade agreement with Japan since 2005, and the 2012 foundation of the Pacific Alliance along with Colombia, Chile, and Peru. Mexico has a network of 11 FTAs with 46 countries, 32 Reciprocal Investment Promotion and Protection Agreements (RIPPAs), and 9 trade agreements (Economic Complementation and Partial Scope Agreements) within the framework of the Latin American Integration Association (ALADI).

In addition, Mexico is an active participant in multilateral and regional organisms and forums such as the World Trade Organization (WTO), the Asia-Pacific Economic Cooperation (APEC), the Organization for Economic Cooperation and Development (OECD), and the ALADI.

Foreign Trade

Manufacturing in Mexico

What is the IMMEX program?

Manufacturing, Maquiladora and Export Service Industry (IMMEX) is a proprogram implemented by the Ministry of Economy to strengthen the competitiveness of the export sector. It applies to maquiladora and manufacturing industries that carry out various processes, such as the elaboration, repair or transformation of goods.

The IMMEX decree has become a valuable instrument to facilitate and promote foreign investment, since in addition to reducing the costs associated with foreign trade operations, it facilitates the adoption of new ways of doing and operating business.

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Benefits of the program

This program has an implicit tax benefit, granting foreign manufacturing investors exemption from paying general import and export taxes, value added tax and countervailing duties.

There are two parties that benefit from this program:

  1. The foreign company that sends goods to Mexico to be manufactured, repaired or transformed.
  2. The one that receives them in Mexico for such processes for a determined period of time of stay and then to be exported.

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Manual DBI MX Devices

Read our manual today and take your business to the next level of success!

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about our services?

Legal Advice for the incorporation of a mexican company with foreign partners

I want to thank Lic. Mariana Loya for the good service provided in the incorporation of a company with foreign partners as well as the account setup of the company, achieving our goals with excellent results.

Tecnología ECCSA Representative

Great professional guidance for the approval of the IMMEX program

As part of the comments for the advice, management, and support to acquire the IMMEX program, we thank Lic. Mariana Loya and Lic. Juan Felipe Sanchez, for solving doubts and for always being there to guide us in the most objective way.

Minhoo Lee DPTCMX General Manager

Excellent cross-border personalized services

The professional consulting provided by EFE Consulting Group™ has been of enormous help, a personalized service, and attentive to compliance with law at a regional level, without a doubt a great work team.

Marketing Arm Panamá, Inc. Representative


Frequently Asked Questions

Generally No. For most businesses, non-Mexican citizens can own 100% of a Mexican corporation and open their business in Mexico. Although, under Mexican law, there are some exceptions that may request to have some percentage of Mexican ownership of such business.

Mexico is a very safe place to do business. Although there is crime throughout the country (as in most countries all over the world), Mexico is a country that has sheltered many companies from all over the world for the past decades. It is very important to have local counsel to determine and tackle some of the challenges of starting operating in Mexico.

Depending on the type of industry and commercial activities planned to be carried out in Mexico is the time that a company would be ready to fully operate in Mexico. On average, this could take from 3 to 6 months.

The federal corporate income tax rate is 30%.

No. The process of setting up a business in Mexico and getting it ready to start operating could be done remotely. In this case, we strongly encourage you to seek legal guidance to structure a plan and find the best and most efficient way to start operating in Mexico.

The IMMEX program is a government program that offers tax incentives and waivers to companies who would like to establish in Mexico to manufacture, transform or repair foreign goods temporarily imported that are later exported.

Success in any cross-border transaction begins with proper planning and preparation, which includes a careful selection of trusted advisors on both sides of the border to assist in the process of entering a new market for exports or a new country of origin for production. Much of the Mexican labor force is exceptionally well-trained and educated for doing sophisticated work. Be polite and recognize that communication is not always direct. Be sensitive to indirect methods of communication. Quality introductions are valued in Mexico and face-to-face meetings are preferred. Be willing to travel to Mexico to meet your colleagues, and be willing to travel frequently, especially at the beginning of the relationship.

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