{"id":989313,"date":"2025-11-19T08:15:23","date_gmt":"2025-11-19T08:15:23","guid":{"rendered":"https:\/\/cla.global\/italy-company-registration\/?page_id=989313"},"modified":"2026-01-05T07:38:41","modified_gmt":"2026-01-05T07:38:41","slug":"about-2","status":"publish","type":"page","link":"https:\/\/cla.global\/mexico-company-registration\/about-2\/","title":{"rendered":"About"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"989313\" class=\"elementor elementor-989313\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b809d e-flex e-con-boxed e-con e-parent\" data-id=\"d0b809d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b424f11 e-con-full e-flex e-con e-child\" data-id=\"b424f11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1b668 elementor-widget elementor-widget-html\" data-id=\"5d1b668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n\/* Sidebar Component Styles - Elementor Compatible *\/\r\n.uk-sidebar-component {\r\nmax-width: 100%;\r\nfont-family: inherit;\r\ncolor: inherit;\r\nline-height: inherit;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar-component * {\r\nbox-sizing: border-box;\r\n}\r\n\/* Sidebar Styles *\/\r\n.uk-sidebar {\r\nwidth: 280px;\r\nbackground: #f1f5f9;\r\nborder-right: 1px solid #e2e8f0;\r\npadding: 20px;\r\nborder-radius: 8px;\r\nheight: fit-content;\r\nflex-shrink: 0;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar h3 {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%);\r\ncolor: #fff;\r\npadding: 12px;\r\nborder-radius: 6px;\r\nmargin: 0 0 15px 0;\r\ntext-align: center;\r\nfont-size: 16px;\r\nfont-weight: bold;\r\n}\r\n.uk-sidebar-menu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\n}\r\n.uk-menu-item {\r\nmargin: 8px 0;\r\nposition: relative;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle {\r\ntext-decoration: none !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 15px;\r\nfont-weight: 600;\r\ndisplay: flex !important;\r\nalign-items: center;\r\njustify-content: space-between;\r\npadding: 12px 15px;\r\nborder-radius: 6px;\r\nbackground: #fff;\r\nborder: 1px solid #e2e8f0;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\nwidth: 100%;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle:hover,\r\n.uk-menu-item > .uk-dropdown-toggle:focus {\r\nbackground: rgba(26, 75, 92, 0.1) !important;\r\nborder-color: #1a4b5c !important;\r\ncolor: #1a4b5c !important;\r\ntext-decoration: none !important;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle::after {\r\ncontent: \"\u25bc\";\r\nfont-size: 12px;\r\ntransition: transform 0.3s ease;\r\npointer-events: none;\r\nmargin-left: auto;\r\n}\r\n.uk-menu-item.uk-active > .uk-dropdown-toggle::after {\r\ntransform: rotate(180deg);\r\n}\r\n.uk-submenu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\nmax-height: 0;\r\noverflow: hidden;\r\ntransition: all 0.3s ease;\r\nbackground: #fff;\r\nborder-radius: 0 0 6px 6px;\r\nborder: 1px solid #e2e8f0;\r\nborder-top: none;\r\nopacity: 0;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-menu-item.uk-active .uk-submenu {\r\nmax-height: 500px;\r\npadding: 10px 0;\r\nopacity: 1;\r\n}\r\n.uk-submenu li {\r\nmargin: 0;\r\n}\r\n.uk-submenu li a {\r\ntext-decoration: none !important;\r\ncolor: #475569 !important;\r\nfont-size: 14px;\r\ndisplay: block;\r\npadding: 8px 20px;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-submenu li a:hover,\r\n.uk-submenu li a:focus {\r\nbackground: #f8fafc !important;\r\ncolor: #1a4b5c !important;\r\npadding-left: 25px;\r\ntext-decoration: none !important;\r\n}\r\n\/* Responsive Design *\/\r\n@media (max-width: 768px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\nmax-width: 350px;\r\n}\r\n}\r\n@media (max-width: 480px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\npadding: 15px;\r\n}\r\n\r\n.uk-sidebar h3 {\r\nfont-size: 14px;\r\npadding: 10px;\r\nmargin-bottom: 12px;\r\n}\r\n\r\n.uk-menu-item > .uk-dropdown-toggle {\r\nfont-size: 14px;\r\npadding: 10px 12px;\r\n}\r\n\r\n.uk-submenu li a {\r\nfont-size: 13px;\r\npadding: 6px 16px;\r\n}\r\n}\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"uk-sidebar-component\">\r\n<!-- Sidebar -->\r\n<aside class=\"uk-sidebar\" id=\"ukSidebar\" role=\"navigation\" aria-label=\"Mexico Guide Navigation\">\r\n<h3>Mexico Business Guide<\/h3>\r\n<ul class=\"uk-sidebar-menu\">\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-mexico-summary\">Mexico Summary<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-mexico-summary\">\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/\">Main page<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/#adv\">Why start a business here?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/#disadv\">Problems with doing business here?<\/a><\/li>\r\n\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-mexico-structuring\">Mexico Corporate Structuring<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-mexico-structuring\">\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/\">Company set up strategy<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/business-entities\/\">Business entity types!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/10-steps-to-register-an-llc\/\">10 steps to register an LLC!<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-fees-timelines\">Fees and Timelines<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-fees-timelines\">\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/fees-and-timelines\/\">Engagement fees?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/fees-and-timelines\/#timelines\">Timelines?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-cash-flow\">Cash Flow Considerations<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-cash-flow\">\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/bank-account\/\">Corporate banking solutions?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/online-business-solutions\/\">E-commerce sales!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/cash-flow-improvement-services\/\">Cash flow improvement services!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/global-marketing-services\/\">Market penetration strategies?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-legal-accounting\">Legal + Accounting + Tax<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-legal-accounting\">\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/accounting-and-legal\/\">Accounting and tax considerations?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/accounting-and-legal\/#legal-considerations\">Legal considerations!<\/a><\/li>\r\n\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-support-services\">Business Setup Support Services<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-support-services\">\r\n    <li><a href=\"https:\/\/cla.global\/mexico-company-registration\/employment-law-in-mexico\/\">Employment Act in Mexico<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/support-services\/\">Employment and residence visas?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/recruitment\/\">Human resources services<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/staff-recruitment\/\">Employee considerations!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/virtual-office\/\">Find office premises!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/trademark\/\">Trademark registration!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/registering-a-holding-company\/support-services\/\">Other support services!<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-other-info\">Other Country Information<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-other-info\">\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/about-2\/#success\">Success tips when doing business in Mexico!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/about-2\/#facts\">Interesting facts about Mexico!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/mexico-company-registration\/about-2\/#faq\/\">FAQ?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<\/aside>\r\n<\/div>\r\n<script>\r\n\/\/ Elementor-compatible sidebar script\r\n(function() {\r\n'use strict';\r\n\r\nlet isInitialized = false;\r\n\r\nfunction initUKSidebar() {\r\nif (isInitialized) return;\r\n\r\nconsole.log('Mexico Sidebar: Initializing for Elementor');\r\n\r\n\/\/ Use event delegation for better compatibility\r\ndocument.addEventListener('click', function(e) {\r\n\/\/ Only handle clicks within our sidebar component\r\nif (!e.target.closest('.uk-sidebar-component')) {\r\nreturn; \/\/ Let other clicks work normally\r\n}\r\n\r\n\/\/ Handle dropdown toggles ONLY\r\nif (e.target && e.target.classList.contains('uk-dropdown-toggle')) {\r\ne.preventDefault();\r\ne.stopPropagation();\r\n\r\nconsole.log('Dropdown toggle clicked');\r\n\r\nconst parentItem = e.target.closest('.uk-menu-item');\r\nif (!parentItem) return;\r\n\r\nconst allItems = document.querySelectorAll('.uk-sidebar-component .uk-menu-item.uk-has-dropdown');\r\n\r\n\/\/ Close other dropdowns\r\nallItems.forEach(function(item) {\r\nif (item !== parentItem && item.classList.contains('uk-active')) {\r\nitem.classList.remove('uk-active');\r\n}\r\n});\r\n\r\n\/\/ Toggle current dropdown\r\nparentItem.classList.toggle('uk-active');\r\n\r\nconsole.log('Dropdown toggled:', parentItem.classList.contains('uk-active'));\r\nreturn;\r\n}\r\n\r\n\/\/ Handle ONLY internal scroll links with uk-scroll-link class\r\nif (e.target && e.target.classList.contains('uk-scroll-link')) {\r\ne.preventDefault();\r\nconst targetId = e.target.getAttribute('href');\r\nconsole.log('Internal scroll link clicked:', targetId);\r\n\r\nif (targetId && targetId.startsWith('#')) {\r\nconst targetElement = document.querySelector(targetId);\r\nif (targetElement) {\r\ntargetElement.scrollIntoView({\r\nbehavior: 'smooth',\r\nblock: 'start'\r\n});\r\n}\r\n}\r\nreturn;\r\n}\r\n\r\n\/\/ For all other links (external links), let them work normally\r\n\/\/ Don't preventDefault() for regular anchor tags\r\n});\r\n\r\nisInitialized = true;\r\n}\r\n\r\n\/\/ Multiple initialization methods for Elementor compatibility\r\n\r\n\/\/ Method 1: Immediate if DOM is ready\r\nif (document.readyState === 'loading') {\r\ndocument.addEventListener('DOMContentLoaded', initUKSidebar);\r\n} else {\r\ninitUKSidebar();\r\n}\r\n\r\n\/\/ Method 2: Window load (for Elementor)\r\nwindow.addEventListener('load', function() {\r\nsetTimeout(initUKSidebar, 100);\r\n});\r\n\r\n\/\/ Method 3: Elementor frontend init (if available)\r\nif (window.elementorFrontend) {\r\nwindow.elementorFrontend.hooks.addAction('frontend\/element_ready\/global', initUKSidebar);\r\n}\r\n\r\n\/\/ Method 4: jQuery ready (if jQuery is available)\r\nif (typeof jQuery !== 'undefined') {\r\njQuery(document).ready(function() {\r\nsetTimeout(initUKSidebar, 50);\r\n});\r\n}\r\n\r\n\/\/ Method 5: MutationObserver for dynamic content\r\nif (typeof MutationObserver !== 'undefined') {\r\nconst observer = new MutationObserver(function(mutations) {\r\nmutations.forEach(function(mutation) {\r\nif (mutation.addedNodes.length > 0) {\r\nfor (let node of mutation.addedNodes) {\r\nif (node.nodeType === 1 && (node.classList.contains('uk-sidebar-component') || node.querySelector('.uk-sidebar-component'))) {\r\nsetTimeout(initUKSidebar, 100);\r\nbreak;\r\n}\r\n}\r\n}\r\n});\r\n});\r\n\r\nobserver.observe(document.body, {\r\nchildList: true,\r\nsubtree: true\r\n});\r\n}\r\n})();\r\n<\/script>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dae0157 e-con-full e-flex e-con e-child\" data-id=\"dae0157\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-52aa3996 e-con-full e-flex e-con e-child\" data-id=\"52aa3996\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c245dd4 elementor-widget elementor-widget-heading\" data-id=\"c245dd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Success tips when doing business in Mexico<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-043f27b elementor-widget elementor-widget-heading\" data-id=\"043f27b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Doing business in Mexico:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f62b8e elementor-widget elementor-widget-text-editor\" data-id=\"9f62b8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Although the influence of foreign multinationals cannot be ignored, most indigenous\u00a0Mexican companies\u00a0will be hierarchical in structure;<\/li><li>Key business decisions are always made by a small number of individuals at the top of the hierarchy. Entrepreneurs should ensure that they are dealing with the right people;<\/li><li>As not all\u00a0local\u00a0Mexico companies are well-versed with international trade, we encourage our Clients to consistently use and sign contracts of service;<\/li><li>Success in business negotiations with Mexican business people comes down to the ability to create effective personal relationships and to present logically-sound business plans;<\/li><li>Agendas are not always used in meetings and if they are produced will not always be strictly followed.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58ad5f3 elementor-widget elementor-widget-heading\" data-id=\"58ad5f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Business etiquette to be aware of:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8f4adb elementor-widget elementor-widget-text-editor\" data-id=\"f8f4adb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Initial meetings should be focused mostly on relationship building, with small talk crucial towards building trust with your Mexican business partner;<\/li><li>During business dealings, business persons should make sure that they send people of the appropriate level of seniority to deal with colleagues. Sending a junior colleague to meet a senior manager is considered an insult;<\/li><li>In Mexico, personal relationships are at the heart of business dealings. Entrepreneurs should look to take the time to cultivate strong, long-term relationships with prospective business partners.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ea7111 elementor-widget elementor-widget-heading\" data-id=\"3ea7111\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Language considerations<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea74459 elementor-widget elementor-widget-text-editor\" data-id=\"ea74459\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>The Client should try and learn Italian because English is not commonly used in Italy by all costumers and business partners. Some northern Italian areas speak German, while dialects are still very common in the South and Sicilia;<\/li><li>It is recommended that our Client inquire about the English-language proficiency of a business man\/woman beforehand. An interpreter must be arranged to increase efficiency;<\/li><li>Lastly, it is important that the Client communicate with us regarding any problems that they face. Our experts regularly help young businesses succeed in foreign countries.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e4cc5d elementor-widget elementor-widget-heading\" data-id=\"7e4cc5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Interesting facts about Mexico?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd610d5 elementor-widget elementor-widget-text-editor\" data-id=\"dd610d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>The official name for Mexico is the \u201cUnited Mexican States\u201d;<\/li><li>The national symbol of Mexico is the \u201cgolden eagle\u201d<\/li><li>In Mexico, people from the USA are referred to as \u201cNorth Americans\u201d rather than \u201cAmericans\u201d. Mexicans also consider themselves \u201cAmericans\u201d;<\/li><li>Mexico is the 3<sup>rd<\/sup>\u00a0highest exporter of honey in the world;<\/li><li>The border between USA and Mexico is the 2<sup>nd<\/sup>\u00a0longest in the world;<\/li><li>Chihuahua dogs are named after a place in Mexico;<\/li><li>Mexico City is the oldest city in North America;<\/li><li>By population, Mexico is ranked 11<sup>th<\/sup>\u00a0in the world. By land mass, it is ranked 14<sup>th<\/sup>;<\/li><li>Scorpion stings are 10 times more common than snake bites in Mexico, and just as frequently prove fatal;<\/li><li><strong>Mexico has more Spanish speakers<\/strong>\u00a0than any other country in the world;<\/li><li>Mexico City produces enough sewage to fill an Olympic swimming pool every minute;<\/li><li>Mexico is the world\u2019s second-biggest producer of horse meat, just behind Chin<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1450b19 elementor-widget elementor-widget-heading\" data-id=\"1450b19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10413cc #benefits-and-problems elementor-widget elementor-widget-n-accordion\" data-id=\"10413cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;all_collapsed&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1700\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1700\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How to start a business in Mexico as a foreigner? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1700\" class=\"elementor-element elementor-element-3fc7766 e-con-full e-flex e-con e-child\" data-id=\"3fc7766\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-407c38d elementor-widget elementor-widget-text-editor\" data-id=\"407c38d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Incorporating a company in Mexico as a foreigner is a lengthy process that can take up to 5 months.\u00a0<p>The first step is to choose the suitable legal entity for your business goals. The main <a href=\"https:\/\/www.healyconsultants.com\/mexico-company-registration\/setup-llc\/\" target=\"_blank\" rel=\"noopener\">business entities<\/a>\u00a0that a foreigner can choose for conducting business in Mexico are the below 5:<\/p><ul><li>LLC: suitable for carrying out all kinds of activities and services as they require low initial capital and can be fully foreign-owned;<\/li><li>Export Processing LLC: local companies under the Maquiladora program that are meant to conduct export-oriented businesses;<\/li><li>Joint Stock Corporation: suitable for investors seeking to raise funds and list their company on the Mexico Stock Exchange (<a href=\"http:\/\/www.bmv.com.mx\/\" target=\"_blank\" rel=\"noopener nofollow\">BMV<\/a>\u00a0or the\u00a0<a href=\"https:\/\/biva.mx\/\" target=\"_blank\" rel=\"noopener nofollow\">BIVA<\/a>);<\/li><li>Representative Office: for companies that solely wish to engage in non-commercial activities such as marketing and research;<\/li><li>Branch Office: for businesses that want a direct subsidiary of the mother company and to be able to prepare joint financial statements.<\/li><\/ul><p>Once you confirm the preferred legal entity and the corporate structure including the resident legal representative, the main steps to\u00a0<a href=\"https:\/\/www.healyconsultants.com\/mexico-company-registration\/incorporation-steps\/\" target=\"_blank\" rel=\"noopener\">set up a company in Mexico<\/a>\u00a0as a foreigner are as follows:<\/p><ol><li>Secure an approval for the formation of your business in Mexico from the Foreign Investment Commission of Mexico. This procedure can take up to two months to complete;<\/li><li>Register the investment of your foreign company with the\u00a0Mexican National Registrar of Foreign Investments;<\/li><li>Decide a unique name for your Mexican entity and file a request with the Secretariat of the\u00a0<a href=\"https:\/\/www.gob.mx\/sre\/en#2340\" target=\"_blank\" rel=\"noopener nofollow\">Ministry of Foreign Affairs<\/a>\u00a0to register the same;<\/li><li>Prepare the\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0company\u2019s constitution and capital structure, confirm\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0the share and value of shares,\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0the registered business address and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0the company secretary;<\/li><li>Prepare the following company documents\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0notarised passport copy of nominee resident legal representative,\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0copy of commercial office space registration certificate and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0copy of lease agreement;<\/li><li>Submit the above company incorporation documents along with the notarised documents and submit it with the Business Registrar of the city of incorporation;<\/li><li>Within 1 month of submitting the above documents, if no issues with the filling of forms, the company would be legally incorporated. However, in certain cases it can take up to 3 months.<\/li><\/ol><p>During the registration process you will have to also prepare a business plan and understand whether your business activity requires a specific operational license in Mexico or whether it requires to be registered with the Mexican Social Security if you need to hire staff.<\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1701\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1701\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is the cost of starting a business in Mexico? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1701\" class=\"elementor-element elementor-element-1be0aac e-con-full e-flex e-con e-child\" data-id=\"1be0aac\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e706237 elementor-widget elementor-widget-text-editor\" data-id=\"e706237\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>When you are thinking of registering a company in Mexico, you need to take into consideration the local governmental costs, the Public Notary costs and if you will be able to do the paperwork yourself or you will want to hire a professional instead.<\/p><p>The government cost of starting a business in Mexico amounts to approximately US$1,153. The official fees that are to be paid for starting a business in Mexico are:<\/p>\n<table id=\"tablepress-9\" class=\"tablepress tablepress-id-9\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Government service<\/th><th class=\"column-2\">Fee (US$)<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Company registration with the Public Registry of Commerce<\/td><td class=\"column-2\">820<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Registration with the National Business Information Registry, depending on the company\u2019s purpose or activities<\/td><td class=\"column-2\">33<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Tax registration with Servicio de Administracion Tributaria<\/td><td class=\"column-2\">300<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Total:<\/td><td class=\"column-2\">1,153<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-9 from cache --><p>CLA Consultants Group\u2019s <a href=\"https:\/\/www.healyconsultants.com\/mexico-company-registration\/fees-timelines\/\" target=\"_blank\" rel=\"noopener\">total costs<\/a>\u00a0for a typical LLC registration amounts to\u00a0US$17,050, including the\u00a0project management fees\u00a0covering the 5 months of the engagement period.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1702\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1702\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is a good business to start in Mexico? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1702\" class=\"elementor-element elementor-element-dde38a4 e-con-full e-flex e-con e-child\" data-id=\"dde38a4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fdd9bb8 elementor-widget elementor-widget-text-editor\" data-id=\"fdd9bb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li class=\"rs-divider  \"><div class=\"accordion-content accordion-content1 active\">Mexico is home to a range of companies that cater to the needs of the large and rapidly increasing consumers market. The following\u00a0<a href=\"http:\/\/taxsummaries.pwc.com\/ID\/Mexico-Corporate-Tax-credits-and-incentives\" target=\"_blank\" rel=\"noopener nofollow\">industries are the most prefer ones<\/a>\u00a0whilst starting a business in Mexico. These industries have a greater demand than the others because they are promoted and supported by the Mexican government:<p>\u00a0<\/p><ol><li><strong>Research and development companies<\/strong>: they are entitled to a 30% tax credit for qualified R&amp;D expenses;<\/li><li><strong>Movie and theatre production companies<\/strong>: a limited credit is provided to such companies through an immediate tax credit capped at 10% of the total income tax of the prior year;<\/li><\/ol><p>Further, the Mexican Government has also implemented the following programs for businesses in Mexico:<\/p><ol><li><strong>Companies in the\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/themexicoinstitute\/2016\/07\/05\/mexicos-special-economic-zones-white-elephants\/#669f27ff1177\" target=\"_blank\" rel=\"noopener nofollow\">Special Economic Zones (ZEE)<\/a><\/strong>: a range of incentives including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0VAT exemption for certain goods,\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0income tax reduction for first 10 years along with provision of\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0modern infrastructural facilities,\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0foreign trade facilities and\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0preferential financing are provided to companies incorporated in the ZEE;<\/li><li><strong>Companies under\u00a0Maquila program<\/strong>: manufacturing companies are given the following incentives under this program\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0exemption from customs duties,\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0entitlement to purchase or lease land anywhere in Mexico other than within 100km strip along the border. These companies can also engage in assembly, processing and packaging of any product without restrictions;<\/li><li><strong>Companies under\u00a0Shelter operations<\/strong>: foreign manufacturing and assembly operations operating under this program are shielded from any liabilities associated with doing business in Mexico but are still entitled to\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0government tax and customs duty waiver,\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0low setup costs and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0exemption from Mexican government annual reporting requirement.<\/li><\/ol><\/div><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1703\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1703\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Why expand to Mexico? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1703\" class=\"elementor-element elementor-element-6b600c2 e-con-full e-flex e-con e-child\" data-id=\"6b600c2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ee8204 elementor-widget elementor-widget-text-editor\" data-id=\"4ee8204\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Mexico enjoys the reputation of having a strong manufacturing, mining, commerce, entertainment and services industry. Further, businesses that aim to expand into Mexico would also enjoy the\u00a0<a href=\"https:\/\/www.healyconsultants.com\/mexico-company-registration\/#advantages\" target=\"_blank\" rel=\"noopener\">following benefits<\/a>:<ol><li>The nation\u2019s proximity to the USA provides the Mexican companies with a large market for exporting its services and products, especially in manufacturing. Further, the nation also receives a substantial revenue due to the influx of a large number of tourists from the USA;<\/li><li>Mexico is the\u00a0<a href=\"https:\/\/www.pwc.com\/mx\/es\/publicaciones\/c2g\/201610019-br-dbmexico-tls-FINAL.pdf\" target=\"_blank\" rel=\"noopener nofollow\">10<sup>th<\/sup>\u00a0leading nation<\/a>\u00a0in the world for export of crude oil. As a result, it is an excellent location for oil producing and exporting companies;<\/li><li>Mexico has removed several non-tariff barriers and reduced the import duties on exports. Therefore, manufacturing and export companies are significantly increasing in this nation;<\/li><li>The country has abundant\u00a0<a href=\"https:\/\/en.unesco.org\/countries\/Mexico\" target=\"_blank\" rel=\"noopener nofollow\">young and skilled labours<\/a>\u00a0that can be hired at affordable rates;<\/li><li>Mexico enjoys a broad range of\u00a0<a href=\"https:\/\/fas.org\/sgp\/crs\/row\/R40784.pdf\" target=\"_blank\" rel=\"noopener nofollow\">free-trade agreements network<\/a>\u00a0with reputable jurisdictions such as the North America, EU and Japan which represents strategic investment opportunities.<\/li><\/ol><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1704\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1704\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Is it safe to do business in Mexico? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1704\" class=\"elementor-element elementor-element-89b39f5 e-con-full e-flex e-con e-child\" data-id=\"89b39f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-03b26ee elementor-widget elementor-widget-text-editor\" data-id=\"03b26ee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>It is relatively safe to do business in Mexico, especially if you deal with a local partner that knows and understands the market and the public. However, foreign investors are likely to face a few\u00a0challenges\u00a0while conducting business in Mexico, such as:<\/p><ol><li style=\"list-style-type: none;\"><ol><li>The country has rampant corruption and has been ranked as the 135<sup>th<\/sup>\u00a0least corrupt country in the\u00a0<a href=\"https:\/\/www.transparency.org\/country\/MEX\" target=\"_blank\" rel=\"noopener nofollow\">Corruption Perceptions Index 2017<\/a>;<\/li><li>Mexico has a weak legal system. Courts are known to be inefficient and there is governmental interference in the taken decisions. This leads to unjust decisions for business dealings at times.<\/li><\/ol><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1705\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1705\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Which banks should I consider for Mexico company formation? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1705\" class=\"elementor-element elementor-element-5b7431d e-con-full e-flex e-con e-child\" data-id=\"5b7431d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-90739d5 elementor-widget elementor-widget-text-editor\" data-id=\"90739d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Although several Mexico corporate banking options will be available for our Clients, CLA Consultants recommends internationally renowned banks such as <a href=\"https:\/\/www.hsbc.com.mx\/1\/2\/es\/\" target=\"_blank\" rel=\"nofollow noopener\">HSBC<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.citigroup.com\/citi\/about\/countrypresence\/mexico.html\" target=\"_blank\" rel=\"nofollow noopener\">CitiBank<\/a>. It takes approximately 7 weeks to obtain approval for a corporate bank account.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1706\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"7\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1706\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Can I access internet banking with my Mexico corporate bank account? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1706\" class=\"elementor-element elementor-element-c1fe02e e-con-full e-flex e-con e-child\" data-id=\"c1fe02e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54f62ff elementor-widget elementor-widget-text-editor\" data-id=\"54f62ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Yes. Corporate banking in Mexico provides our Clients several services including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0internet banking and telephone banking\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0checking accounts\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0savings accounts\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0debit and credit cards\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0fixed term deposits and\u00a0<span class=\"yellow-roman\">vi)<\/span>\u00a0wealth management.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1707\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"8\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1707\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> I am thinking about forming a new business in Mexico but I do not want to travel to Mexico for a bank interview. What should I do? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1707\" class=\"elementor-element elementor-element-6e257e8 e-con-full e-flex e-con e-child\" data-id=\"6e257e8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-769c0f3 elementor-widget elementor-widget-text-editor\" data-id=\"769c0f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>There is a 50% probability the banks will request a bank signatory to travel for a one hour bank interview. CLA Consultants will try its best to negotiate with the bank for a travel exemption.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1708\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"9\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1708\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How to open a bank account during formation of a Mexico company? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1708\" class=\"elementor-element elementor-element-526decc e-con-full e-flex e-con e-child\" data-id=\"526decc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b374e42 elementor-widget elementor-widget-text-editor\" data-id=\"b374e42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For opening a corporate bank account in Mexico, our Clients will have to submit some\u00a0<a href=\"https:\/\/www.healyconsultants.com\/due-diligence\/\">due diligence documents<\/a> to CLA Consultants. Most banks in Mexico ask for the following documents <span class=\"yellow-roman\">i)<\/span>\u00a0certificate of incorporation from the\u00a0<a href=\"http:\/\/portal2.edomex.gob.mx\/ifrem\/registropublicodecomercio\/index.htm\" target=\"_blank\" rel=\"nofollow noopener\">Public Register of Commerce<\/a>\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0copies of ID of company owners and officers and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0proof of address.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1709\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"10\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1709\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> I wish to form a company in Mexico and get a loan from a local bank. How should I proceed? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1709\" class=\"elementor-element elementor-element-2ffff8c e-con-full e-flex e-con e-child\" data-id=\"2ffff8c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d42ae47 elementor-widget elementor-widget-text-editor\" data-id=\"d42ae47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>CLA Consultants will assist our Clients in this regard.Mexico banks are willing to provide finance to a resident company if the following conditions are meti) good business-plan <span class=\"yellow-roman\">ii)<\/span>\u00a0availability of collateral assets\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0experience of business owners\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0last 3 years audited financial statements\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0realistic feasibility study and\u00a0<span class=\"yellow-roman\">vi)<\/span>\u00a0project strength and weaknesses analysis (SWOT).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28e992f #benefits-and-problems elementor-widget elementor-widget-n-accordion\" data-id=\"28e992f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;all_collapsed&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4280\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4280\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> External videos <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4280\" class=\"elementor-element elementor-element-a1ed49e e-con-full e-flex e-con e-child\" data-id=\"a1ed49e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-35586b7 elementor-widget elementor-widget-text-editor\" data-id=\"35586b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><a href=\"http:\/\/www.youtube.com\/watch?v=RPWCq2tAFs4\" target=\"_blank\" rel=\"nofollow noopener\">Business culture in Mexico<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e487fd elementor-widget elementor-widget-html\" data-id=\"2e487fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t\r\n<style>\r\n\r\n.uk-company-widget * {\r\nbox-sizing: border-box !important;\r\n}\r\n\r\n\/* CTA Section *\/\r\n.uk-cta {\r\npadding: 40px !important;\r\nborder-radius: 10px !important;\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\ntext-align: center !important;\r\nfont-size: 20px !important;\r\nfont-weight: bold !important;\r\nmargin: 30px 0 !important;\r\nbox-shadow: 0 5px 15px rgba(0,0,0,0.1) !important;\r\n}\r\n\r\n\/* Buttons *\/\r\n.uk-btn {\r\ndisplay: inline-block !important;\r\npadding: 10px 20px !important;\r\nborder-radius: 6px !important;\r\nfont-weight: bold !important;\r\nborder: none !important;\r\ncursor: pointer !important;\r\ntransition: all 0.3s ease !important;\r\ntext-decoration: none !important;\r\nfont-size: 14px !important;\r\n}\r\n\r\n.uk-btn-gradient {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\n}\r\n\r\n.uk-btn-gradient:hover {\r\nopacity: 0.9 !important;\r\n}\r\n\r\n\/* Contact Section *\/\r\n.uk-contact {\r\nborder: 1px solid #e2e8f0 !important;\r\nborder-radius: 8px !important;\r\nbackground: #f1f5f9 !important;\r\npadding: 20px !important;\r\nmargin: 20px 0 0 0 !important;\r\n}\r\n\r\n.uk-contact h4 {\r\nmargin: 0 0 10px 0 !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n.uk-contact p {\r\nmargin: 0 0 15px 0 !important;\r\ncolor: #475569 !important;\r\n}\r\n\r\n.uk-person {\r\ndisplay: flex !important;\r\nalign-items: center !important;\r\ngap: 15px !important;\r\n}\r\n\r\n.uk-person img {\r\nwidth: 60px !important;\r\nheight: 60px !important;\r\nborder-radius: 50% !important;\r\nflex-shrink: 0 !important;\r\n}\r\n\r\n.uk-person strong {\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 480px) {\r\n.uk-cta {\r\npadding: 30px 20px !important;\r\nfont-size: 18px !important;\r\n}\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n<body>\r\n\r\n\r\n\r\n\r\n\r\n\r\n<!-- CTA -->\r\n<div id=\"uk-cta-section\" class=\"uk-cta\">\r\nRegister your company now! <br>\r\nCLA Group has the solution to help you grow.\r\n<\/div>\r\n\r\n<!-- Contact -->\r\n<div class=\"uk-contact\">\r\n<h4>Contact us<\/h4>\r\n<p>For more info on company registration, please contact our expert directly:<\/p>\r\n<div class=\"uk-person\">\r\n\r\n<div>\r\n<strong>Mr. Petar Chakarov<\/strong><br>\r\nSenior Manager, Sales & Business Development<br>\r\n<a href=\"https:\/\/cla.global\/free-consultation\/\" class=\"uk-btn uk-btn-gradient\">\r\n\r\nGet in touch\r\n\r\n<\/a>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a5da09d e-flex e-con-boxed e-con e-parent\" data-id=\"a5da09d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CLA assists multi-national Clients\u2019 with business set up in every country on the planet.<\/p>\n<p>For transparency purposes and to help multi-national Clients\u2019 budget future engagement fees, this page outlines average total engagement fees for every country on the planet.<\/p>\n<p>Click on the regional headings to see fees for every jurisdiction around the world.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-989313","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/pages\/989313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/comments?post=989313"}],"version-history":[{"count":42,"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/pages\/989313\/revisions"}],"predecessor-version":[{"id":989824,"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/pages\/989313\/revisions\/989824"}],"wp:attachment":[{"href":"https:\/\/cla.global\/mexico-company-registration\/wp-json\/wp\/v2\/media?parent=989313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}