{"id":709,"date":"2022-01-20T18:26:54","date_gmt":"2022-01-20T18:26:54","guid":{"rendered":"https:\/\/q1dapyf5zv.onrocket.site\/?p=709"},"modified":"2022-02-02T02:53:11","modified_gmt":"2022-02-02T02:53:11","slug":"que-es-el-sat-y-el-imss-en-mexico","status":"publish","type":"post","link":"https:\/\/taxid.mx\/english\/que-es-el-sat-y-el-imss-en-mexico\/","title":{"rendered":"What is the SAT and IMSS in Mexico?"},"content":{"rendered":"
When you start business in Mexico, whether you are Mexican or foreign, you should know what the Tax Administration Service (SAT) and the Mexican Institute of Social Security (IMSS) are, so in this article we will be detailing it. <\/p>\n\n\n\n
What is the SAT?<\/strong><\/p>\n\n\n\n The SAT<\/a> is a dependency of the Federal Public Administration, which aims to collect taxes and monitor compliance with the tax obligations of taxpayers in the country. Therefore, it is the dependency to which federal tax returns are submitted, such as ISR, VAT and IEPS. <\/p>\n\n\n\n The SAT is the agency which issues the Federal Taxpayer Registry (RFC) which serves to identify taxpayers in Mexico, which is essential for natural and legal persons to carry out economic activities in the country. <\/p>\n\n\n\n Registration in the RFC can be done in person or online depending on the taxpayer's situation. <\/p>\n\n\n\n Once you have your RFC, whether from a natural or legal person, you will be able to process your electronic signature known as e.firma, which are a set of electronic files that are made up of a certificate, private key and password. The e.firma will allow you to carry out your electronic invoicing and comply with your tax obligations in Mexico. <\/p>\n\n\n\n