Mexico has a complex tax system, in this article will be explained an overview of the main taxes in Mexico. Income Tax The Income Tax or Tax on Income (ISR, acronym in Spanish), is the 30% of the corporation profit. This tax is paid annually, but...
The Sociedad de Cuenta Limitada (S. de RL or Limited Liability Company LLC in Mexico) are legal entities in Mexico created by 2 or more shareholders (individuals or corporations), the shareholder are responsible until the amount of their capital...
There are countless platforms, applications, internet pages, where their owners are residents abroad and do not have a permanent establishment in the country, which were not required to pay taxes in Mexico until 2020. For... .
As entrepreneurs, advisors or businessmen it is important to know if our activities are affected by the payment of VAT, in this article we will be mentioning the activities for which VAT will not be paid. According to Article 9 of LIVA, the...
The Value Added Tax Law (LIVA) in Mexico establishes some assumptions where the VAT 0% is caused, which allows us to recover the VAT of the expenses and investments paid through the return of balances in favor. So it's important to check...