Mexico

3 Chapter Establishment

    • Establishment of business base

      ■Selection of legal agent.

      　Legal representation 

      The representation is meant by the realization and implementation of legal acts on behalf of another. Generally, this action on behalf of another involves the prior grant of authority and power to one person, or by the law to represent the other, that is, make certain your legal business name.
      The modern doctrine recognizes three types of representation:
      1- Legal representation: an example would be guardianship and custody.
      2- The voluntary representation: This occurs through the figure of mandate (contract by which the agent undertakes to execute on behalf of the legal acts mandate entrusts this). It is when the president acts against third parties on behalf of the mandate.
      3- The organic representation: type of representation for juridical person, is exercised through its board that allows you to interact with third parties.
       
       
       
      ■Decision of local subsidiary information.
      Information that has to be provided:
      ·         Information for incorporation of companies in Mexico
      ·         Information statutes:
      ·         Names for the company (three choices in order of preference)
      ·         Duration:
      ·         Social object:
      ·         Main product or service:
      ·         Name of Shareholders / Partners and contribution in society:
      ·         Capital of the Company:
       
      1.    Amount of capital: $ Mexican pesos
      2.    Value of shares / social parts: $ Mexican pesos,
      ·         Name of Sole Administrator or the Board:
      ·         Name Society Commissioner
      ·         Representatives of the Company:
      ·         Type of power given:
       
      1.    Lawsuits and Collections
      2.    Acts of Directors
      3.    Acts Domain
      4.    Subscribe credit
      5.    Power to open and close bank accounts
      6.    Labor Affairs
      7.    General for Administration acts only for incorporation of the Company
      8.    Other (Specify)
      ·         Fiscal domicile of the Company:
      ·         Corporate home
      ·         Offices
       
      1.    Will there be any change in the legal address of the company?
      2.    New offices:
      ·         Date of change of address:
      v  Name of the person who will sign the charter:
      v  Specify if Is intends to open branches in the short term?
      ·         Migratory
      ü  Visa for job (Send copy of foreign passport)
      Name
      Since:
      Salary:
      Temporality that plan to work in Mexico
       
       
       
      ■Acquisition of trade name license.
      The client has to decide the company’s name, and because no person can have the same trademark name the client has to provide us with 3 options from which we can chose in case some name is already taken.
       
      According to the Mexican Institute of Industrial Property (IMPI/Instituto Mexicano de la Propiedad Industrial) a trademark is any sign that distinguishes products or services from others of the same class or kind in the market.
       
      Types of trademarks:
      ·         Brand Regulations: are those that identify a product or service from a denomination; can be letters, words or numbers and punctuation marks that aid contain your correct reading.
      ·         Brand without name: those that identify a product or service and are based on figures, designs or logos devoid of letters, words or numbers.
      ·         Three-dimensional mark: they are the wrappers, packaging, containers, shape or representation of the products in its three dimensions. This type cannot have words or pictures included.
      ·         Mixed brand: is constituted of the combination of any of the above types of marks.
       
      Filling application for registration.
       
      You must provide the applicant's data, domicile for notification, specify the type of mark, date of first use, the type of product class, indicate the products / services that aim to distinguish the distinctive emblem. Denomination, distinctive sign in the case of brands, Legends and / or not bookable figures, address of the establishment.
      With this application you must append different documents as proof of payment for registration
      3-2-4Authentication of letter of attorney of establishment.
      [When a person who is abroad has to execute a legal act in Mexico, what can be done through a representative, for which it gave a power of attorney. Mandates or powers of attorney may be general or special.
       
      Mandates or general powers include:
       
      General Power for Lawsuits and Collections. - used to represent judgments and make collections on behalf of the principal.
      General Power for Acts of Directors. - used to administer property and interests of the client.
      General Power for Acts of Domain.- used to buy goods on behalf of the principal or to sell, mortgage or donate.
      You can give a broad general power comprising the three types of powers mentioned above.
       
      The General Power goes for a number of undefined acts, so that the president can make many efforts on behalf of the client until such time as it is not revoked, either, one of the parties dies. However, power can be limited in scope in terms of the powers conferred.
      The Special Branch is granted to be represented in one or more issues specifically determined, and is automatically terminated with the conclusion of this or these. This type of power provides greater security to the client.
       
      Requirements for Legal Entities:
       
      1. Copy of passport
      2. Complete the Application
      3. Clause to be included in power. We recommend contacting a lawyer, notary or the authority to which power is present.
      4. Present public documents, original or certified copy attesting:
      To. The legal constitution of the company, its operations, its corporate purpose, domiciles (Incorporation);
      b. The statutes on which their administrative bodies and their powers (Articles of Association) is determined;
      c. The appointment of the respondent to provide power (Assembly Act or power of attorney who has enough power to delegate signing the power of attorney).
      5. People who do not speak Spanish, must send the data and a copy of the official identification of the interpreter who will accompany the day of the reading and signing of power.
       
       
      The above documents must be sent in triplicate to the following address:
      Mexico Embassy, ​​Consular Section
      2-15-1, Nagata-cho, Chiyoda-ku, 100-0014, Tokyo, Japan
      To make sure that this consular office has received documentation please contact the tels .: 03-3580-2961 and 03-358-2062.
      6. Pay the appropriate consular fees in cash the day of the appointment.
       
       
      Procedure:
       
      1. Upon receipt of the required documentation, the consular office will review it and contact you with any questions.
      2. After reviewing the documents, and once covered all the requirements, the consular office will agree with the applicant to make an appointment for the reading and signing of power in a period not exceeding ten working days following.
      It is necessary that the applicant personally go to the meeting for reading and signing of power; and submitted with your passport.
      People who do not speak Spanish must be accompanied by an interpreter, who will also present valid ID.
      3. After signing to be agreed with the grantor delivery of the testimony in the earliest time.
       
       
      Details:
       
      If your power is for any motion or procedure related to a bank account you must have the data of the bank and the account.
      The documents issued outside Mexico must be apostilled by the authorities of the place of issue. Should be in a language other than Spanish, they must be accompanied by translations.
      You need to take into account that each process is different. The requirements may vary depending on the specific case. Your documents will be reviewed by consular staff to verify compliance with the provisions of the current Mexican regulations.][1]
       
       
      ■Relevant law of money laundering.
      Under the Mexican law of money laundering we have specified the activities considered vulnerable to money laundering, these are the activities:
       
      v  Gaming and lotteries
      v  Credit card service
      v  prepaid cards and coupons
      v  repayment and rewards cards
      v  checks
      v  loan or credit
      v  shield
      v  estate
      v  metals and jewels
      v  artworks
      v  vehicles
      v  removal or custody of securities
      v  professional services
      v  public faith (example: notaries)
      v  donations
      v  foreign trade
      v  property leasing
       
      Article 18. Those who carry out the vulnerable activities previous described in this article shall have the following obligations:
      I. Identify customers and users with those conducting the activities subject to supervision and verify their identity or credentials based on official documents and obtain copies of documentation;
      II. For cases in which a business relationship is established, you ask the customer or user information about their business or occupation, based inter alia, in the notices of registration and updating of activities presented for purposes of the Federal Register of Taxpayers;
      III. Ask the customer or participate in activities Vulnerable about whether it is aware of the existence of the beneficial owner and, where appropriate, exhibit official documentation can be identified, whichever shall do in his possession; otherwise, it declares that it does not have;
      IV. Protect and prevent the destruction or concealment of information and documentation used for supporting the Vulnerable Activity, as well as to identify their customers or users.
      Information and documentation that the preceding paragraph shall be stored in a physical or electronic, for a period of five years from the date of completion of the Vulnerable Activity, unless the laws of matter of the states establish a different term;
      V. Providing necessary for the carrying out verification visits in terms of this Act facilities, and
      VI. Present the notices at the Ministry on time and in the manner provided in this Act.
      3-2-6Official translation of parent company’s material.
      When companies documents must be translated by an expert translator and which must be authorized by the High Court depending on the delegation or state where the company is established.
       
       
       
      ■Production of article of association of local subsidiary.
      By laws are the norms that mark the internal regime of the company at a legal level. The Mexican Law requires that this includes:
      I. The names, nationalities and addresses of the persons or entities that constitute the society;
      II The purpose of the company;
      III Your company name or designation;
      IV Its duration, same which may be indefinite;
      V. The amount of capital;
      VI The expression of what each partner contributes in cash or other assets; attributed to them and the approach taken for recovery value. When capital is variable and is expressed indicating the minimum is fixed;
      VII The address of the company;
      VIII The way according to which society and the powers of the directors to be administered;
      IX The appointment of directors and the appointment of those who will lead the firm name;
      X. The way to make the distribution of profits and losses among members of society;
      XI The amount of the reserve fund;
      XII. - Cases in which the company has to be dissolved in advance, and
      XIII. - bases to practice the liquidation of the company and how to proceed with the election of the liquidators, if they have not been designated in advance.
       
      ■Production of letter of attorney of promoter.
       INFORMATION AND FORM OF PROXY IN MEXICO
      When a business interest does not exceed a certain amount or when the command is given to a very specific procedure, it can be formulated in a Power of Attorney.
      Relevant articles of the Federal Civil Code
      Article 2556. - The mandate may be given in private writing signed before two witnesses, without that prior ratification of signatures needed, whenever the interest of business for which
      It is conferred not exceeding one thousand times the general minimum wage in the Federal District time of granting.
      It can only be verbal command when the business interest does not exceed fifty times the general minimum wage in the Federal District at the time of granting.
      Article 2551. - The written authorization may be granted:
      I. In deed;
      II. Privately writing, signed by the grantor and two witnesses and ratified firms to Notary Public, Court of First Instance, Minor Judges or Peace or before the corresponding officer or clerk, when the mandate is given to administrative matters;
      III. In proxy signature without ratification.
      Article 2555. - The mandate should be granted in a public deed or power of attorney signed before two witnesses and ratified the signatures of grantor and witnesses before a notary, before judges or appropriate regulatory authorities:
      I. Whenever general;
      II When the interest of the business for which confers exceeds the equivalent of one thousand times the general minimum wage in the Federal District at the time of granting; or
      III. When thereunder is to run the president, on behalf of the principal, any act which according to law must be included in public documents.
      3-2-9Establishment of company above commercial law.
      To establish in Mexico you have to comply with:
      1. Application to the Ministry of Foreign Affairs
      2. Logging of Incorporation before a Public Notary.
      3. Register before the Tax Administration Service (SAT)
      4. Notice of Attorney to the Ministry of Foreign Affairs:
      5. Presentation to the Public Registry of Property and Commerce:
      6. Federal Tax registry:
       
       
      ■Registration federal contributor.
      Documents required
      • Preview sheet of "Data captured from the registration application in the Federal Register of Taxpayers".
      • Acknowledgement of registration in the RFC (Federal Tax) with Tax Identification Card.
      • Certified copy of the duly registered constituent document.
      • Original proof of tax domicile.
      • Where appropriate, certified copy of the power of attorney with which accrediting the legal representative or power of attorney signed before two witnesses and ratified the signatures to the tax authorities or a notary or notary public. If it was issued abroad must be duly apostilled or legalized and have been formalized before a Mexican notary public and, where appropriate, have the Spanish translation made by authorized expert.
      • Original of any valid ID with photo and signature issued by the federal, state or local government legal representative.
      • If you initiated the process through the Internet, additionally it has pre acknowledgment of the RFC.
       
      v  The residents in Mexico, at the time its charter or constituent document is signed by a notary public that authorize the instrument, including companies incorporated with a merger or spin-off corporations.
      v  When the entity does not become notary public, in the month following that in which the contract is signed, or the publication of the decree or the legal act that is carried them home.
      v  In all other cases, within one month following the date on which the legal course or event giving rise to the filing of periodic returns, payment or information for themselves or for others it is updated.
       
      LEGAL ENTITIES ABROAD WITH OR WITHOUT PERMANENT ESTABLISHMENT IN MEXICO
      v  Certified copy of the constitutive document duly apostilled or legalized, as appropriate. When this document has other language than Spanish, a Spanish translation by an approved expert should be presented.
      v  Where appropriate, original joint venture contract with signature of the managing partner and associates or their legal representatives.
      v  Where appropriate, original trust agreement, with signature of the settlor, trustee or their legal representatives, as well as the legal representative of the trustee.
      v  Where applicable, duly certified copy, legalized or apostilled by a competent authority of the document proving their tax identification number in the country of residence, they have obligation to have it in this country.
       
      ■Registration Public property commercial
      The Public Registry of Property and Commerce protects and preserves the information property located in the Federal District, as long as they are not federal, ejido, or communal property; and corporations and partnerships established in Mexico
      In this part of the company`s establishment in Mexico, the public notary presents a letter that states that the constitution of the company has been completed.
       
      Public Registration (Notarized letter)
      At this stage it requires a notarized letter where the notary ensures that the minutes of the Constitution company is in the process of being finished.
      A notarized letter works to fix a date for the completion of the constitution of the company.
       
      ■Foreign registration to department of economic affairs.
      PERMITS FOR THE ESTABLISHMENT OF COMPANIES
      In accordance with the provisions of the Decree published in the Official Journal of the Federation on December 15, 2011, it is reported that as of June 16, 2012, the authorizations for the use of names for the incorporation of companies and name changes; notices and use of name, liquidations, mergers and divisions are the responsibility of the Ministry of Economy (SE).
       
      Based on the provisions of Articles 27, Section I of the Constitution of the United Mexican States and 14 of the Regulations of the Foreign Investment Law and the National Registry of Foreign Investment, communicates that as of June 16, 2012 , notices of holding conventions Aliens Mexican companies incorporated with foreigners admission clause; as well as change notices exclusion clause admission of foreigners, they shall be submitted by the public notaries at the headquarters of the Foreign Ministry, and its foreign delegations and electronically at: avisoconvenioextranjeria@sre.gob.mx
       
      ■Stock issue / Procedures of various book issues.
      Stock Issue:
      [The owners of a company may want additional capital to invest in new projects within the company. They may also simply want to reduce their participation, the release of capital for private use.
      By selling shares they can sell part or all of the company many homeowners. The purchase of one share entitles the holder to ownership of the company, a fraction of the power of decision and potentially a fraction of the profits, which the company can generate dividends.
       
      In the common case of a publicly traded company, where there may be thousands of shareholders, it is impractical to have them all in making daily decisions required to run a company. Thus, shareholders use their shares for the election of members of the Board of Directors of the company.
       
      In a typical case, each share represents one vote. Companies can, however, issue different classes of shares, do they may have different voting rights][2].
       
       
      Procedures of various book issues.
      ACCOUNTING POLICIES
      The policy is a document that operations performed by entity and all information necessary for identification are based.
       
      They are classified into: Journal, Revenues and Expenditures
       
       
      ■Bank account opening.
      Importance of opening a bank account under the company’s name. An account in the name of the company allows to check income and expenditure for the year.
      By opening an account you have to be the cost of maintaining the account, bank transaction modes and the minimum balance to maintain the account.
       
      ■Completion of corporation establishment.
      After formal establishment the company has to get Shareholder Meeting books, Shares Registry books and Capital Variation Books, get document with the issue of shares, and get a bank account. As well as Registration with the IMSS and INFONAVIT and Registration in the Register of payroll taxes if applicable.
       

      [1] http://embamex.sre.gob.mx/japon/index.php/es/poderes-notariales/139-otorgamiento-de-mandatos-o-poderes

      [2] http://www.enciclopediafinanciera.com/mercados-financieros/acciones/emision-de-acciones.htm

    • Necessary registration to other duties.

      ■About acquisition and property lent.

      FOREIGN INVESTMENT LAW RELATING TO THE ACQUISITION OF REAL ESTATE BY FOREIGNERS. First, it is important to review the content of the first section of Article 27 of the Mexican Constitution, which regulates the ownership of lands and waters in Mexico. The first paragraph of Article 27-I, states that, "Only Mexicans by birth or naturalization and Mexican companies have the right to acquire ownership of lands, waters, and their appurtenances, or to obtain concessions for the exploitation of mines or waters" . Moreover, the same paragraph states that, The State may grant the same right to foreigners, provided they agree before the Ministry of Foreign Affairs to consider as nationals in respect of such property and therefore not invoke the protection of their governments so It refers to those; under penalty, in case of noncompliance with this agreement, of forfeiture of the Nation, who have acquired the property under it. “That article adds that under no circumstances may foreigners acquire direct ownership of land or waters within a zone of one hundred kilometers from the border and fifty kilometers off the coast of Mexico. These areas are known as restricted areas. In order to provide a specific interpretation to the first section of Article 27 of the Mexican Constitution, the Government of Mexico enacted a new Foreign Investment Law, which was published in December 1993. Since then, the law has been amended order to provide more flexibility and clearer interpretation of such constitutional passage, which is easier to understand. In general, the provisions of the Foreign Investment Law allows foreigners to purchase property outside the restricted area, provided that such buyers submitted a petition to the Ministry of Foreign Affairs, which agree to be considered as Mexican, thereby forgoing the protection of their governments in connection with such acquisitions, and in this case obtained a permit from the Ministry of Foreign Affairs. The Foreign Ministry will determine in which cases a permit is not required. On March 2, 1998, the Foreign Ministry issued a resolution which states that all nationals of countries that have diplomatic relations with Mexico only be required to submit an application in which to express their agreement to be considered as Mexican nationals on the same terms as above. If the property will be located in a municipality that is partially considered within the restricted area, the Ministry of Foreign Affairs shall terminate the acquisition permit application within 30 days of the date on which the application was filed. Moreover, if the person was property located outside the restricted area, the application will be considered approved if the Ministry of Foreign Affairs to publish its rejection in the Official Gazette within 5 days of filing of the application. Article 10 of the Foreign Investment Law states that a foreigner holding a Mexican company, may acquire real estate in the restricted area, provided that such property intended for non-residential purposes. In this case, registration of the acquisition to the Ministry of Foreign Affairs within 60 days from the date of purchase will be required. In case of residential property by foreign citizens or businesses, it will require a trust in the restricted area. In this case, as emphasized then a Mexican bank acts as trustee and must obtain advance authorization from the Ministry of Foreign Affairs. The trust will last 50 years, which may be renewed after expiration of the term.

       
      ■Labor law and social security.
      [Under the current regulatory framework the company must meet both labor laws Social Security (both local and federal).
       
      For the latter the company must manage its incorporation to the Mexican Social Security Institute (IMSS) and get the employer identification number. Simultaneously, the company must register at least one worker. There are specific requirements for incorporation, for further reference see www.imss.gob.mx.
      Since the acquisition, the company must pay social contributions on monthly and bimonthly contributions to the INFONAVIT and the Retirement Savings System.
       
      The company must register with the standard of 2% of payroll in the Treasury corresponding to their local authority. Some states in Mexico do not provide in their domestic legislation the payment of this tax as well as in some other states the percentage varies and not all cases is 2%. Also in some states there are specific local taxes to pay salaries to employees as well as other concepts. It is advisable to go to the Treasury office corresponding to the domicile of the company and properly determine all the company tax burdens][1].
       
      ■Logistics, customs and clearance.
      According to the Ministry of Economy:
      In Mexico the Customs Act provides that for goods entering or leaving national territory shall perform all acts and formalities concerning called "Customs Clearance" (set of procedures and mandatory actions to the customs authorities) by the owners themselves or consignees of goods or through your agent or proxy Customs. Any natural or legal person will invariably need to hire foe an import or export a Customs Agency for assistance in customs formalities necessary before, this is a specialty that only customs agents and their staff can and know how to perform with adherence to the applicable law.
       
      The clearance covers the entire set of actions and formalities relating to the entry of goods into the country and its output thereof, according to the different trades and customs arrangements provided for in the Customs Act, must at customs, authorities customs and goods who introduce or extract the country, whether shippers, consignees, owners, owners or holders of imports and exports senders as well as customs agents or attorneys, using the electronic customs system.
       
       
      ■Registration of importer.
      According to the Ministry of Treasury (SAT)
      Persons wishing to import goods are obliged to:
       
      • Be registered in the list of importers and, where appropriate, in the Register of Importers of Specific charge of the Tax Administration Service Sectors, for which they must be up to date in fulfilling their tax obligations, prove to the customs authorities who are enrolled in the Federal Register of Taxpayers and meet the other requirements established by the Regulations of the Customs Law and established by the Tax Administration Service through general rules of international trade.
      • Take control systems in automated inventory, to maintain at all times the updated control data of foreign trade goods, same that will be available to the customs authority registration.
      • Obtain information, documents and other evidence required to check the country of origin of goods for purposes of tariff preferences, country of origin marking, application of countervailing duties, quotas and other measures established for such purpose as the FTA and international treaties to which Mexico is a party and provide it to the customs authorities at their request.
      • Give the agent or agent that promotes customs clearance of goods a demonstration in writing and under oath, with the elements to determine the customs value of the goods. The importer shall keep a copy of the demonstration, obtain information, documentation and other evidence necessary to verify that the declared value has been determined in accordance with the applicable provisions of the Customs Act and provide them to the customs authorities at their request.
      • Those who enter the country goods destined for a customs procedure, are required to transmit electronic document by the customs authorities information on their value and, where applicable, other data related to marketing, before customs clearance in the terms and conditions established by the Tax Administration Service through general rules of international trade, which means it transmitted once the corresponding acknowledgment issued by the customs electronic system is generated. The acknowledgment shall be declared on the permit for the purposes of Article 36 of the Customs Law and other applicable provisions.
      • Register electronically with the General Administration of Customs document by which the order is conferred to customs agents to act as their agents or agents and to conduct their operations, using the electronic form called "Order given to the broker for operations foreign trade or revocation.”
      • Who introduced or extracted goods the country allocating them to a customs procedure are required to pass through the customs electronic system, electronic document to the customs authorities, a motion with information about such goods, under the terms and conditions established by the Tax Administration Service using rules using advanced electronic signatures or digital stamp and must provide an impression of motion with corresponding information, which will print the bar code.
      • Paying taxes on foreign trade.
      • Pay, where applicable, countervailing duties, as well as the fulfillment of other obligations restrictions and non-tariff regulations and formalities for release.
       
       
      ■Registered customs specialist.
      According to the Ministry of Economy:
      Custom broker
      The broker is a natural person to whom the Secretariat of Finance and Public Credit authorized by a patent, employed to promote the release of goods in different customs regimes under the Customs Act who hire their services.
       
      Customs agent
      And customs agent is the person importing wing which empowers to carry out foreign trade operations. Its functions are the same as those of a broker, but with the difference that can only make foreign trade procedures on behalf of the individual or entity to whom it reports and for which it was authorized.
       
      ■IMMEX.
      According to the Ministry of Economy:
      INMEX means Industrial Manufacturing, Maquiladora and Export Services (Industrial Manufacturera, Maquiladora y de Servicios de Exportación) The IMMEX Program is an instrument through which allowed the temporary importation of goods to be used in an industrial process or service for the production, processing or repair of goods of foreign origin temporarily imported for export or the provision of services export without payment of general import duty, value added tax and, where appropriate, of antidumping duties.
      These goods are grouped under the following categories:
       
      o   Raw materials, parts and components to be fully integrated to allocate export goods; fuels, lubricants and other materials that are consumed during the production process of export goods; containers and packaging; labels and booklets.
       
      o   Containers and boxes trailers.
       
      o   Machinery, equipment, tools, instruments, molds and parts intended for production process; equipment and apparatus for controlling pollution; for research and training, industrial safety, telecommunications and computer, laboratory, measurement, product testing and quality control; as well as those involved in handling materials directly related to export goods and others linked to the production process; equipment for the administrative development.
       
      Reports:
      The holder of an IMMEX Program must submit an annual report electronically, to total sales and exports for the preceding fiscal year, by the last working day of May, according to the format by rules and general criteria on Foreign Trade announced the Ministry of Economy.
       
      Additionally, the company must submit IMMEX information for statistical purposes, is determined, in the terms established by the Rules and SE general criteria on Foreign Trade.
       
      ■PROSEC.
      According to the Ministry of Economy:
      The Sectoral Promotion Programs (PROSEC) are instruments aimed at producing entities of certain goods, by which it is allowed to import with ad valorem tariff preferential (General Tax Import) various goods for use in the production of specific products regardless of the goods produced are destined for export or domestic market.
       
      Beneficiaries:
      PROSEC beneficiaries are legal entities that manufacture goods Article 4 of the PROSEC Decree concerns using the goods mentioned in Article 5 of the Decree itself to.
       
      Benefits:
      Legal entities that manufacture goods Article 4 of Decree PROSEC may import the ad-valorem tariff preference specified in Article 5 of the Decree; various goods to be stored and used in the production process of goods indicated concerns.
       
      The goods to be imported and the goods producing sector are grouped as follows:
       
      ·         Electrical Industry
       
      ·         Electronic Industry
       
      ·         Furniture Industry
       
      ·         Toy Industry Games, Recreation & Sporting Goods
       
      ·         Footwear Industry
       
      ·         Mining and Metallurgical Industry
       
      ·         Industry Capital Goods
       
      ·         Photographic industry
       
      ·         Industry Agricultural Machinery
       
      ·         Of the various industries
       
      ·         Chemical Industry
       
      ·         Industry Rubber and Plastics Manufactures
       
      ·         Steel Industry
       
      ·         Pharmochemicals Industry, Drug and Medical Equipment
       
      ·         Transport Industry, except for Automotive Industry Sector
       
      ·         Industry Paper and Cardboard
       
      ·         Industry Wood
       
      ·         Industry Leather and Fur
       
      ·         Automotive and Auto Parts Industry
       
      ·         Textile and Clothing
       
      ·         Industry Chocolates, Sweets and Related
       
      ·         Coffee Industry and
       
      ·         Food Industry
       
      Program benefits are only in respect of goods imported content in the sector in question, that is, for the production of goods may not be imported a well contained in a different sector.
       
      PROSEC programs holders may request their incorporation into new sectors which produce goods accredit these new sectors.
       
       
      ■Preferential treatment system.
      According to the Ministry of Economy:
      In 2005 Mexico and Japan signed the Protocol Amending the Agreement for the Strengthening of the Economic Partnership Agreement between Mexico and Japan (EPA). With this agreement, Japan is benefited with the acceleration of tariff reduction for certain inputs to the automotive industry, this will help improve the competitiveness of the industry by providing opportunities to reduce import costs, ensuring the supply of high quality inputs prices Lower.
      In order to facilitate operations exporters, Mexico and Japan agreed to establish a system of approved exporter to simplify certification of origin of goods, which will help to promote our exports, without weakening control capabilities of the customs authority.
       
       
      ■Regla Octava.
      Law facilitating the importation of goods, part and various components but for the same goal, classifies these inputs for tariff fraction of the full product. It provides a series of benefits and support to domestic producers. Examples: greater agility in customs procedures, preferential tariffs, etc. Auto parts, machinery, equipment and other goods are identified as special operations. Only goes to the production of goods set out in PROSEC program, companies must be registered in the program in order to receive these benefits.

      [1] http://www2.esmas.com/

    • References:

      •     -Ficha Informativa, Programa IMMEX, SUBSECRETARÍA DE INDUSTRIA Y COMERCIO  DIRECCIÓN
      •     -http://www.diputados.gob.mx/LeyesBiblio/pdf/144_130614.pdf