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EFICINE: Reduce your tax burden while promoting Mexican cinema
The Tax Incentive for Investment Projects in National Film Production and Distribution, known as EFICINE 189, is a Mexican government initiative that allows taxpayers to support national film industries while optimizing their tax burden.
Is Delaware a tax haven for Mexico? What you should know before using a US LLC
Many Mexican entrepreneurs have heard that forming a company in Delaware (USA) is quick, inexpensive, and confidential. What few know is that, from a Mexican tax perspective, an LLC in Delaware can pose a tax risk, especially if it is...
What is a REFIPRE and why can it cause tax problems if you don't know about it?
When talking about international operations, overseas structures, or investments outside of Mexico, there's a key concept that often goes unnoticed but can have very serious tax implications: REFIPRES. In this article, I explain what...
Business Budgeting: Technical and Strategic Approach
By Héctor Galicia | Tax ID Mexico Budgeting is a key tool in a company's financial planning. It's not just about projecting income and expenses, but also about establishing a structured model that serves as a guide for decision-making.
The CFO and His Strategic Role in Corporate Budgets
By Héctor Galicia | Tax ID México | Guadalajara In today's business world, having a well-structured budget is no longer a luxury: it's a necessity. And within this crucial process, the CFO (Chief Financial Officer) plays a crucial role...
What is a CFO and why does your company need one?
The CFO (Chief Financial Officer) is one of the strategic pillars of any organization. Their role goes far beyond accounting: they are responsible for designing and executing the financial strategy that enables a company to...
What Is an Apostille and Why Is It Important?
When a Mexican document needs to be legally recognized abroad, one of the most important steps is obtaining an apostille. This process grants international legal validity to public documents, allowing them to be used in other countries without requiring additional...
What is an apostille and what is it used for?
When a Mexican document needs to be legally recognized in another country, one of the most important steps is the apostille. This process grants international validity to public documents, allowing them to be used abroad without the need for legalization.
Analysis of financial statements in 2025
One of the objectives of financial reporting is to make appropriate decisions that increase company profits. The four basic financial statements play a fundamental role, and today we'll demonstrate this with a basic analysis of...
Indirect cash flow method: more than receipts and payments
NIF B-2 allows two methods for preparing cash flows: direct (showing receipts and payments) and indirect, which is commonly used in Mexico. The indirect method starts with accounting profit and adjusts: Items that do not involve actual cash flows...
Calculating PTU 2025 in Excel: How to calculate profit sharing for fiscal year 2024?
During the months of April, May, and June, thousands of companies in Mexico seek to comply with one of the most important labor obligations: profit sharing (PTU). Although the calculation is based on taxable income generated in 2024, the PTU payment is made...
SAT 2025: Why is your credit balance being delayed and what can you do about it?
In April 2025, numerous taxpayers in Mexico reported delays in receiving refunds of outstanding balances after filing their Annual Tax Return for the 2024 fiscal year. Although the Tax Administration Service (SAT) claims to be complying...
