What is the controlling beneficiary?
The current state of the Mexican tax system brings new figures, such as the controlling beneficiary. A character updates the benefits model from legal actors. You need to figure out what it’s about.
How to set up a company?
Did you know that your company will only be good if you have official permits and the approval of government entities?
New Working day Initiative in Mexico
The new working day in Mexico proposes to transform the daily life of citizens in the federal republic. People will have more free time when it comes into force, thanks to reduced working hours and the right to an extra day off. The weeks will include up to 40 hours in five working days.
CFDI : How to invoice 4.0? (Part 2)
Are you ready for invoice 4.0? With the new Digital Tax Receipt via the Internet (CFDI) 4.0, electronic invoicing in Mexico has taken a great leap toward efficiency and quality in issuing tax receipts. And it is mandatory from April 1, 2023.
CFDI: What is CFDI 4.0? (Part 1)
With the implementation of CFDI 4.0 in 2022, significant changes impacted how invoices are issued and received in the country. In this article, we will see what CFDI 4.0 consists of, its evolution up to the present, and what those changes have been.
How can I request a tax refund from years before the SAT?
To answer that question, firstly, we need to know that the tax refund is a procedure that allows any natural or legal person to recover the balance in favor if they had it for taxes. This occurs when the corresponding declaration of the fiscal year is made, and it is discovered that the payments have been more significant than the debt.
What are SMEs in Mexico: importance and characteristics
SMEs in Mexico represent a fundamental pillar of its economy. This sector is the largest in the Mexican business environment. It can generate jobs, promote innovation, and contribute to the socio-economic development of the regions where they are located.
Requirements to consider in the payroll CFDI for PTU payment
To complete the PTU payroll CFDI in Mexico, you must assume some criteria that must be met. You must know and be up-to-date to keep all your company’s tax obligations current.
Who is required to receive PTU?
Who is required to receive PTU? This is one of the most common questions in Mexico regarding Employee Profit Sharing (PTU). This fundamental labor right ensures that employees receive a fair share of the profits generated by the company.
Auditoría IMSS para el cumplimiento de obligaciones de seguridad social
La Auditoría IMSS se ha convertido en una herramienta muy importante para garantizar el cumplimiento de las obligaciones de seguridad social por parte de las empresas. Esta auditoría es una revisión profunda que servirá para comprobar que la empresa cumple con sus responsabilidades con el IMSS (Instituto Mexicano del Seguro Social).