If your company is located in the United States, DNI Logistics can support the management of your exports to Mexico.
U.S. companies exporting to Mexico or operating through intermediaries should be aware of these updates, as they could directly affect operational and compliance costs.
The Mexican Tax Administration Service (SAT) published regulatory changes to combat tax evasion. Any company importing goods and/or services into Mexico must always withhold value added tax (VAT). In addition, online retailers acting as intermediaries must register with the Mexican federal taxpayer registry and withhold applicable taxes. The rendering of services must be credited before income tax (ISR) and value added tax (VAT) for service contracts can be deducted.
The Mexican government is stepping up its monitoring of courier companies to identify imports that may not be paying the proper taxes. It is also improving verification processes to ensure that the goods declared match the goods shipped. U.S. exporters using courier services or doing business with intermediaries should be aware of these tighter controls.
The new regulations require companies making temporary imports to obtain certification or provide a tax guarantee to ensure that the goods are returned to their country of origin. Mexican Customs Brokers can now be sanctioned for infractions during the import/export process.
If you are a U.S. company and want to export your goods to Mexico, contact: DNI Logisitcs.
See the official notice from the Mexican government.
Source: ITA, Mexico.