When we start with the development of an economic activity in Mexico, the tax laws oblige us to register in the Federal Taxpayer Registry (RFC) and comply with our tax obligations, for this it is necessary that we define if the income that we are going to receive will be as a person individual or as a legal person since each case has different requirements and tax treatment.

Physical person

            It is a person with the possibility of acquiring rights and also contracting obligations, so, based on this, the tax regimes are classified according to their activities and income, which we define below:

• Simplified Trust Regime
• Wages and salaries
• Regime of Business and Professional Activities
• Regime of Business Activities with income through Technological Platforms
• Leasing Regime

Simplified Trust Regime

It is aimed at individual taxpayers who receive annual income of less than 3.5 million annual income which are received for business, professional activities or grant the temporary use or enjoyment of goods, the objective of this new regime is the reduction of rates in the Income Tax, which range between 1 and 2.5% of their income, it is worth mentioning that salaried workers will not be able to pay taxes within this regime.

Salary and Wage Regime

They are people hired by one or several employers, who have a series of activities assigned during a working day and in return they are paid an amount of money periodically and previously agreed by the worker and employer.

Regime of Business and Professional Activities

They are those people who carry out commercial, industrial, transportation, agricultural, fishing or forestry business activities, regardless of the amount of income received, some examples are: restaurants, schools, pharmacies. On the other hand, in this regime, individuals who obtain income from providing professional services independently to companies, dependencies or individuals in general, for example: lawyers, accountants, architects, doctors, engineers, among others, can also be taxed.

Regime of Business Activities with income through Technological Platforms

All natural persons who provide services, sell products or allow the use of goods through applications or technological platforms, for example: Uber, Rappi, Uber Eats, Airbnb, among others; They have the facility to choose one of the two modalities offered by this regime, the first consists of paying ISR and VAT through the withholdings that the platform makes directly to the taxpayer, which will be considered as a final payment of their tax obligations, however, the taxpayer may not have income greater than 300 thousand pesos per year and may not apply deductions of any kind; The second option offers the taxpayer to apply the withholdings on account of a provisional payment, which obliges individuals to make monthly declarations, so that in this modality it is possible to apply deductible expenses related to their economic activity, make annual declarations and present declarations. VAT information.

Leasing Regime

It is for those people who obtain income from renting or renting real estate such as: houses; residential apartments; buildings; commercial premises, warehouses, among others.

Moral people

They are also known as "legal person" and it is the group of natural persons who come together for a specific purpose and can represent a company or a civil association, for which they are also obliged to choose a tax regime according to their needs. and in this way pay the corresponding taxes.

Simplified Trust Regime for Legal Entities

In this scheme, the natural persons that make up the legal person cannot be associated with other legal persons different from the one that is going to pay taxes in this regime and their income may not exceed 35 million pesos annually, this option intends that companies have a greater amount of cash for their immediate expenses by granting an Income Tax rate according to their income. A commercial company, a civil association, a corporation, a limited liability company are examples of this regime.

General Regime of Law

Within this regime are legal entities with lucrative purposes, that is to say, that their perceived income is obtained in exchange for services or products that they sell, but unlike the Simplified Trust Regime, they are not limited to the fact that the partners can constitute more a moral person and the amount of annual income is not limited either. Here we find commercial companies, production cooperatives, credit institutions, etc.

Regime for non-profit purposes.

This regime is the opposite of the previous one, since foundations or civil associations whose purpose is not to receive economic remuneration and contribute to an improvement in the social, environmental, educational, etc., fields enter into this scheme.

Simplified Stock Company.

 This type of company can be integrated by a single natural person under their representation and they have lucrative purposes, which is why it becomes an ideal option for those who wish to protect their assets, in addition to the fact that the incorporation process for these companies is free, in online and without time restrictions.