Border region to maintain VAT of 8% and ISR of 20% in 2025: What does it mean for the local economy?
On December 26, 2024, the extension of tax incentives in the northern border region of Mexico, including Baja California, was announced. These incentives, in effect since 2019, seek to strengthen the local economy and improve competitiveness compared to the areas...
Foxconn and Nvidia: The World's Largest Superchip Plant Will Be in Guadalajara, Jalisco
The semiconductor industry in Mexico is experiencing a key moment with the recent confirmation that Foxconn, in collaboration with Nvidia, will build the largest superchip manufacturing plant in the world in Guadalajara, Jalisco. This investment marks a milestone...
Summary of the Tax Incentives Decree for “Plan México”
On January 21, 2025, the Government of Mexico published a tax incentives decree as part of the national strategy known as “Plan México.” The goal is to promote new investments, strengthen dual education programs, and foster innovation across the country. Objective of...