Source: Littler Mendelson PC December 1, 2023, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase the general minimum wage to $248.93 pesos per day
Category: Legal Compliance
Québec’s Enterprise Transparency Regime Is Coming Into ForceQuébec’s Enterprise Transparency Regime Is Coming Into Force
Amendments to the Act respecting the legal publicity of enterprises (LPA), which require registrants (described below) to declare their “ultimate beneficiaries,” will come into force on March 31, 2023. Corporate ownership transparency
The National Registry of Foreign Investments and related obligations in MexicoThe National Registry of Foreign Investments and related obligations in Mexico
Canadian companies established in Mexico (by constitution or association) with foreign investment participation must be registered with the National Registry of Foreign Investment (“RNIE”) and comply with certain obligations. The Regulation
Controlling Beneficiaries – Complying with New Obligations under Mexican LawControlling Beneficiaries – Complying with New Obligations under Mexican Law
Effective January 1, 2022, Mexico joined the list of countries that require companies (including those owed by foreigners), trusts, other legal vehicles, financial institutions and others to gather, maintain,
Commercial contract interpretation in MexicoCommercial contract interpretation in Mexico
Contract interpretation The rules for the interpretation of contracts are contemplated by civil law: the Federal Civil Code. The rules are implicit in all commercial obligations and should be observed
New rules established in the reform of the Federal Labor Law for the PTU distributionNew rules established in the reform of the Federal Labor Law for the PTU distribution
STPS assures that with the reform of the Federal Labor Law, employees will receive more profits. With the new rules established in the reform of the Federal Labor Law for
Official Form 96, “list of partners, shareholders or associates residing abroad”Official Form 96, “list of partners, shareholders or associates residing abroad”
Pursuant the Article 27 of the Federal Tax Code, if your Company (in Mexico) has foreign partners and/or shareholders, they must be registered before the Federal Taxpayers’ Registry (RFC).
Breach of Contract Claims in MexicoBreach of Contract Claims in Mexico
In Mexico the Federal Civil Law regulates the fulfilment of contractual obligations, as there is no special commercial regulation on this matter; therefore, the breach of contractual obligations must be
Remote Work and Vaccine Mandates in MexicoRemote Work and Vaccine Mandates in Mexico
Source: Morgan Lewis Faithful to the historically employee-friendly nature of laws and courts in the region, regulators in Mexico are adopting policies to protect remote workers and their constitutional rights
Extended verification powers to trusts, settlors, beneficiaries and legal figuresExtended verification powers to trusts, settlors, beneficiaries and legal figures
From the 2022 Mexican tax reform (RMF 2022 2.8.1.20., 2.8.1.21., 2.8.1.22., 2.8.1.23) Within the context of the international effort Mexico is part of and in order to comply with international