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 business into the Mexican market, this country offers great opportunities… as long as you meet certain legal and tax requirements.
Here we give you a practical guide to get off to a good start from the beginning.
1. Define your type of business
- Are you going to operate as an individual with business activity or set up a company?
- Will you be the sole partner or will there be other investors?
- Is a limited company (SA de CV), a limited liability company (SRL), or a more flexible arrangement right for you? If you're unsure which option would be best for you, we can help you. Schedule an appointment via WhatsApp +52 33 3468 4172
2. Obtain your RFC (Federal Taxpayer Registry)
- It is essential for issuing invoices, opening a bank account, and operating legally.
At TAXID, we help you obtain your RFC step by step, without complications.
3. Open a business bank account
- It requires your RFC, articles of incorporation, proof of address, official identification, among others.
- Some institutions require that the legal representative have temporary or permanent residence.
Tip: Choose banks with experience serving foreign clients. We'll help you find the ideal option. Schedule an appointment via WhatsApp +52 33 3468 4172
4. Comply with your tax obligations
- Monthly and annual declarations to the SAT.
- Issuance of CFDI invoices.
- Registration with the IMSS if you have employees.
5. Get advice from local experts
Each case is different. A good strategy from the start avoids immigration, tax, and legal issues.
Schedule your appointment by sending us a message and get it right from the start.
Starting a business in Mexico as a foreigner is entirely possible… if you have clarity, advice, and meet the key requirements.
At TAXID, we've helped dozens of foreigners successfully establish themselves in Mexico. Become part of the Mexican business ecosystem. We'll help you make it happen. Schedule an appointment via WhatsApp +52 33 3468 4172
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