Are you a foreigner thinking about starting a business in Mexico? Whether you’re planning to launch an online store, a service company, or expand your existing business into the Mexican market, this country offers great opportunities—as long as you meet certain legal and tax requirements.
Here’s a practical guide to help you start off on the right foot.
1. Define your type of business
Will you operate as an individual with business activity, or will you form a legal entity?
Will you be the sole partner, or will there be other investors?
Should you choose an S.A. de C.V., S. de R.L., or a more flexible structure?
2. Get your RFC (Federal Taxpayer Registration)
This is essential to issue invoices, open a bank account, and operate legally.
At TAXID, we guide you through the process of obtaining your RFC—step by step and hassle-free.
3. Open a business bank account
You’ll need your RFC, articles of incorporation, proof of address, official ID, among other documents.
Some institutions require the legal representative to have temporary or permanent residency.
Tip: Choose banks with experience serving foreign clients. We’ll help you make the right choice.
Schedule a consultation via WhatsApp: +52 33 3468 4172
4. Fulfill your tax obligations
- Monthly and annual filings with the SAT
- Electronic invoicing (CFDI)
- Registering with the IMSS if you hire employees
5. Seek advice from local experts
Every case is different. A solid strategy from the start helps avoid legal, tax, and immigration issues.
Send us a message to schedule your consultation and get started the right way.
Starting a business in Mexico as a foreigner is completely possible—if you have the right guidance, clarity, and comply with the key requirements.
At TAXID, we’ve helped dozens of foreigners successfully set up their businesses in Mexico.
Become part of the Mexican business ecosystem. We’re here to make it happen.
Schedule a consultation via WhatsApp: +52 33 3468 4172
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