If you are a foreigner and already have your RFC in Mexico, it is important to know the different tax regimes available to individuals and opportunities to formally start a business in the country. There are various options to optimize your tax situation, avoid problems with the SAT and improve the profitability of your business or investment.

In this article, we explain the tax regimes that may suit you, how to open a company, Simplified Stock Company (SAS) and why having specialized tax advice is key for foreigners in Mexico.

What does it mean for a foreigner to have an RFC in Mexico?

The Federal Taxpayer Registry (RFC) It is essential to carry out legal economic activities in Mexico. Having an RFC implies:

• Tax obligations: Depending on the tax regime you choose, you may have to file monthly and annual returns with the SAT.

• Access to tax benefits: You can deduct expenses, invoice legally and optimize taxes according to your activity.

• Compliance with regulations: You avoid sanctions or tax problems that could affect your immigration status or investments.

Tax regimes for foreign individuals

Depending on your type of activity, you can choose between different tax regimes in Mexico:

• Simplified Trust Regime (RESICO): Ideal for small business owners with annual revenues of less than $3.5 million pesos. It offers reduced tax rates and a lower administrative burden.

• Business and Professional Activity Regime: There is no income limit and it allows the marketing of articles, manufacturing and other services. It is ideal for freelancers, consultants, merchants and companies that want to operate independently in Mexico.

• Leasing Regime: If you own properties in Mexico and wish to rent them legally, this regime allows you to comply with your tax obligations.

Each regime has specific requirements and different benefits, so having tax advice is key to making the best decision.

Creating a SAS for foreigners: a viable option?

If you want to operate a business in Mexico without local partners, the Simplified Stock Company (SAS) is an excellent option. Some benefits include:

• 100% digital: You can set it up online without having to go to a notary.
• No partner required: Unlike other companies, you can open it as a sole shareholder.
• Limited liability: Your personal assets are protected in case of debt or legal problems.

To establish a SAS as a foreigner, it is important to verify immigration restrictions and comply with SAT requirements.

Specialized tax advice for foreigners in Mexico

If you are a foreigner and need support to manage your tax situation in Mexico, our accounting firm offers you:

• RFC Registration and Update
• Tax returns and tax payments
• Electronic billing
• Advice on investment and opening of companies
• Tax optimization and savings strategies

We work with foreigners to ensure that they comply with their tax obligations without complications.

Testimonials from foreign clients

• «I cannot recommend TaxID highly enough for anyone looking to establish a foreign company in Mexico. Their team has been incredibly efficient and knowledgeable in navigating both Mexican and foreign regulations, ensuring everything was handled with precision and care. The staff is not only highly skilled but also friendly and always willing to go the extra mile to help. What truly sets them apart is their unwavering integrity, which gave us complete confidence throughout the entire process. If you need reliable,» – Ralph Kaiser 

• «Excellent service from the accounting team. They are always attentive, do everything correctly and on time. They provide support and explanations as needed throughout all processes. « – Anastasia Perevozchikova

Schedule a consultation with our tax experts in Mexico

If you are a foreigner and want to optimize your tax situation in Mexico, contact us for personalized advice:

Telephone: +52 33 3468 4172
Email: hgalicia@taxid.mx
Visit our website: www.taxid.mx

Request a free consultation and discover how we can help you operate legally in Mexico without tax concerns.