Start a Business in Mexico — S de RL, 30% CIT, IMMEX, USMCA Nearshoring

Mexican company formation involves incorporating a Sociedad de Responsabilidad Limitada (S de RL de CV LLC) through a Notary Public or a Sociedad por Acciones Simplificada (SAS online in 24 hours!). Mexico is Latin America’s 2nd largest economy (130M consumers, G20 member) and THE nearshoring destination — companies are relocating manufacturing from China to Mexico for proximity to the US market via USMCA (US-Mexico-Canada Agreement). The CIT rate is 30%, offset by IMMEX (maquiladora) benefits including import duty/VAT deferral. SAS formation is fully online in 24 hours with MXN 50,000 capital. PTU (10% mandatory profit sharing with employees) is unique to Mexico. RNIE registration is mandatory for foreign investors. The India-Mexico DTAA provides 10% on dividends. With USMCA access to the combined US+Canada+Mexico market (~USD 30T GDP), Mexico is increasingly strategic for Indian manufacturers and service companies. Comply Globally has helped 1,080+ entrepreneurs across 45+ countries.

500+

Companies launched

45+

Countries served

4.9

Client rating

+12 today

Founders onboarded

Incorporated in 7 days

Average turnaround time

30%

CIT

USMCA

US+CA Access!

IMMEX

Maquiladora

130M

Consumers (G20)

24h

SAS Formation!

Our Services in Mexico

What We Help You With in Mexico

Leverage our expertise for company formation, EXIM, IOR/EOR, visas,
banking, and ongoing compliance  all from a single point of contact.

Most Popular

Company Formation

Register a Mexican company remotely through the Public Registry of Commerce and SAT (Servicio de Administración Tributaria). We assist with company incorporation, Articles of Association drafting, RFC tax registration, e-signature (e.firma), registered address, nominee structures (if required), and ongoing compliance support. Popular entity types include S.A. de C.V. and S. de R.L. de C.V. structures. Foreign investors can own up to 100% in most sectors under Mexico’s Foreign Investment Law. Average Comply Globally turnaround: 2–4 weeks. Starting from ₹1,25,000.

Tax & Compliance Advisory​

Navigate Mexico’s 30% Corporate Income Tax (ISR), 16% VAT (IVA), transfer pricing rules, CFDI e-invoicing requirements, payroll obligations, and annual tax filings. We help optimise cross-border structures using the India–Mexico DTAA to reduce double taxation and improve operational efficiency. Our experts also assist with SAT compliance, bookkeeping, and permanent establishment risk assessments for Indian businesses expanding into Latin America.

Most Popular

FEMA & RBI Compliance

We handle BOTH sides simultaneously: Mexico incorporation AND Indian FEMA compliance. Our team assists with ODI filings through your AD bank, Annual Performance Reports (APR), RBI FLA returns, overseas investment structuring, and Foreign Tax Credit claims under Indian tax law. This dual-country compliance expertise is one of our strongest differentiators for Indian founders entering Mexico.

Visas & Immigration

Business visas, Temporary Resident Visas with work permission, investor visas, and immigration support for directors and employees relocating to Mexico. We assist with applications before INM (Instituto Nacional de Migración), documentation, renewals, and local compliance requirements. Mexico also offers strategic access to North American markets under the USMCA framework.

EXIM & Logistics

Import/export registrations, customs compliance, IMMEX advisory, warehousing support, IOR/EOR services, and Mexico–India trade facilitation. Mexico is one of Latin America’s largest manufacturing hubs, strategically positioned for supply chain access to the United States, Canada, and broader Latin American markets.

Cross-Border Banking

Corporate bank account opening support with leading Mexican and international banks. We assist with business plans, projected financials, KYC documentation, compliance reviews, and banking coordination for foreign-owned companies. Depending on the bank, video verification or a single in-person visit may be required.

Why Partner With Comply Globally?

Our 4 Brand Promises — Backed by Results

These are not marketing claims. They are measurable operational standards tracked
and verified across 1,080+ client engagements worldwide.

Speed of Action

We respond within 4 hours. Average Mexico company incorporation timeline: 2–4 weeks depending on notarisation, tax registration, and banking requirements.

Fast-track support available for priority cases

Accuracy & Competence

Zero compliance failures across 1,080+ engagements. Every filing is reviewed by a dedicated country specialist before submission.

100% filing accuracy · 4.7★ rating

Ease of Doing Business

One contact for everything — Mexico incorporation AND Indian FEMA compliance handled simultaneously, with no vendor juggling.

Single Point of Management · 45+ countries

Cost Competitiveness

Transparent, all-inclusive pricing with zero hidden fees. Consistently 30–40% lower than traditional consulting firms for equivalent scope and quality.

Mexico Company Formation · Competitive Global Pricing

“Initially I thought international expansion into Mexico would be operationally difficult but the Comply Globally team handled everything from incorporation to RBI compliance with exceptional speed and professionalism.”

Deepak Nirwan

Mexico Expansion Project

TAX FRAMEWORk

What Is the Corporate Tax Rate in Mexico?

Mexico’s Corporate Income Tax Rate is 30%

According to SAT (Servicio de Administración Tributaria), Mexico levies a flat 30% Corporate Income Tax (ISR) on resident companies. A standard 16% VAT (IVA) applies to most goods and services, while certain exports may qualify for 0% VAT treatment. Mexico has an extensive tax treaty network, including the India Mexico DTAA, helping businesses reduce withholding taxes and avoid double taxation on cross-border income. Companies operating in Mexico must also comply with electronic invoicing (CFDI), transfer pricing documentation, and monthly tax reporting obligations. Mexico’s strategic location, USMCA market access, competitive manufacturing ecosystem, and growing nearshoring demand make it a preferred destination for Indian businesses expanding into North America and Latin America.

Sources: SAT · India Mexico DTAA · Updated April 2026.

Mexico vs USA vs Canda vs Colombia— Tax Comparison

Mexico Tax Comparison Table
Factor 🇲🇽Mexico 🇺🇸USA 🇨🇦Canada 🇨🇴Colombia
CIT Rate
30% (flat; one of Latin America's most stable rates) 21% federal (+ state: ~4–12% effective combined ~27%) 26.5% (15% federal + ~11.5% provincial avg.) 35%
Capital Gains Tax
30% CIT (included); 10% flat WHT on listed share gains for non-residents 0–20% (long-term); up to 37% (short-term) Effective up to 26.5% (50% inclusion rate) 15% (listed shares); 35% (unlisted)
Dividend WHT
10% (additional on dividends from after-tax profits; 0% on CUFIN distributions) 30% (15% via treaty); 0% for qualifying entities 25% (15% via treaty) 20%
VAT / GST
16% IVA (0% on food, medicine & exports) 0% federal (state sales tax: 0–10.25%) 5% GST federal (+ provincial HST/PST up to 15%) 19% IVA
DTAA Network
~65 treaties ~68 treaties ~95 treaties ~15 treaties
Ease of Doing Business
#60 (World Bank) #55 #23 #67
Special / Regional Regime
IMMEX / Maquiladora: deferred import duties + IESPS benefits; Border Zone: 8% IVA & reduced ISR 20% Opportunity Zones: deferred CGT; Puerto Rico Act 60: 4% CIT & 0% dividend WHT No specific offshore regime; provincial variations (e.g. Alberta: 8% provincial CIT) Free Trade Zones (ZF): 0% CIT; Medellin tech hub incentives
Investment Incentives
Nearshoring incentives: accelerated depreciation 100% yr 1; R&D: 30% tax credit via CONACYT; PROSEC: reduced import tariffs for manufacturers R&D: 20% credit (Section 41); Bonus depreciation: 60% yr 1 (2024); CHIPS Act: 25% credit for semiconductor investment SR&ED: 15–35% refundable R&D credit; Accelerated CCA depreciation; Clean tech investment tax credit Orange economy (creative industries): 0% CIT 7 yrs; R&D: 175% deduction

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    Frequently Asked Questions

    Start a Business in Mexico

    Can foreigners own 100% of a company in Mexico?

    Yes. Mexico allows 100% foreign ownership in most industries under the Foreign Investment Law. Certain strategic sectors may require approvals or have restrictions.

    What is the best company structure in Mexico for foreign founders?

    The most common structures are.

    • S. de R.L. de C.V. (similar to LLC)
    • S.A. de C.V. (corporation structure)
    • SAS for small online incorporations

    Most Indian SMEs prefer S. de R.L. for flexibility and simpler governance.

    How long does company formation in Mexico take?

    Standard incorporation usually takes 2–4 weeks, depending on notarisation, RFC tax registration, banking, and immigration documentation. SAS structures may be incorporated faster online.

    What is the corporate tax rate in Mexico?

    Mexico applies.

    • 30% Corporate Income Tax (ISR)
    • 16% VAT (IVA) on most goods and services

    Additional payroll and compliance obligations may also apply.

    What is IMMEX and why is it important?

    IMMEX (Maquiladora Program) allows manufacturers to temporarily import goods and raw materials with deferred VAT and customs duties, making Mexico highly attractive for export-oriented businesses targeting the US and Canada.

    Do Indian businesses need FEMA and RBI compliance for Mexico investments?

    Yes. Indian residents investing in Mexico must comply with FEMA regulations, ODI reporting, APR filings, and RBI disclosure requirements. Proper structuring is important to avoid compliance issues in India.

    Is Mexico a good nearshoring destination?

    Yes. Mexico is currently one of the world’s strongest nearshoring hubs because of.

    • USMCA access
    • Lower manufacturing costs than the US
    • Proximity to North America
    • Strong automotive and electronics ecosystem
    • Growing supply chain shift away from China
    Can a Mexican company open a corporate bank account remotely?

    Some banks permit partial remote onboarding, but many require either video verification or one in-person visit by the director or authorised representative depending on compliance and KYC requirements.

    Ready to Expand Your Business into Mexico?

    Incorporate your Mexican company with end-to-end support for company formation,
    FEMA compliance, banking, tax, IMMEX advisory, and cross-border structuring all under one roof.