30Oct

Manufacturing in Mexico vs China

octubre 30, 2020 Jesus Aguirre

Choosing Between Mexico vs China for Manufacturing

The manufacturing industry has been growing exponentially, therefore, lately, companies within this sector seek to move or expand their production to other locations, looking for a more cost-effective location, taking into account, among others: labor costs, supplier network, logistics. In order to find the location that best supports their growth strategy. Let’s compare the manufacturing in Mexico vs China.

China and Mexico are considered low-cost manufacturing countries, therefore they are most of the time considered as an option for nearshoring or offshoring. So which country could be the best option for your company to settle in?

In this document, we will focus highly on the best option for US manufacturing companies. According to a PwC study, currently, US manufacturers have been considering transferring their production to Mexico, moving it from China, as they can reduce operating costs, on average, by an additional 23% (PWC, 2020).

According to this same study, PWC taking into account the operating cost of a hypothetical product, estimated producing it in China was 27% less expensive than producing in the US, and as in Mexico logistics and tariff and fees costs are much lower companies could save the additional 23% before mentioned.

Mexico vs China - Manufacturing Operations Cost

Main factors that could impact the operating costs in manufacturing in Mexico vs China.

Mexico vs China: Labor cost

Within the most important factors taken into account when performing analysis for expansion of operations is the labor cost. One of the main competitive advantages of Mexico and China is their low labor cost. Which according to Statista the average manufacturing labor cost per hour in China is 6.5 USD per hour with an increase of 13% from the previous year. While in Mexico it is 4.82 USD per hour, with an increase of only 4% from 2019 (Statista, 2020). Which shows a trend of a higher increase in wages in China compared to Mexico.

The above mentioned year per year increase has also been impacted by the MXN – USD exchange rate, the devaluation of the MXN peso against the USD in the last years have reduced the effective labor rate inflation.

It is important to take into account that the manufacturing labor costs for both countries are just an average as a means of providing insight, as labor costs will vary per region, workforce skills, and level requirements, among others.

Furthermore, the minimum wage in Mexico is $123.22 MXN per day in almost all regions of the country, except in the Northern Border which is $185.56 MXN per day with an average minimum wage per month of $220.9 USD compared to $368.5 USD in China.

Lastly, Mexico is considered to have greater productivity with 48 hours work week compared to a generally 40-hour workweek, in which after this overtime must be paid.

Mexico vs China: Tariffs and taxes

Due to the US-China trade war, the US has imposed tariffs on more than $360 billion of Chinese goods. Although this year a tariff agreement was signed, and the U.S. agreed to lower tariffs on $120 billion of Chinese goods to 7.5%, tariffs are still higher than in Mexico, and it is also important to take into account that some of the most challenging issues weren’t solved.

On the other side, the United States- Mexico- Canada Agreement (USMCA), allows goods to be exported and imported between the US and Mexico free of tariffs under specific conditions.

Furthermore, Mexico counts with foreign trade incentive programs such as IMMEX, VAT and IEPS Certification, PROSEC, Rule 8^th. One of the most common is the IMMEX Program which is an instrument that allows the temporary import of goods that are used in an industrial process or service, to produce, transform or repair foreign goods imported temporarily for subsequent export, without paying VAT and countervailing duties, and deferring or not paying General Import Tax.

Mexico vs China: Logistics

One of the most known competitive advantages is Mexico’s favorable geographic location, due to its proximity to the United States and its access to the Atlantic and Pacific. In regard to goods being shipped to the United States, according to Mexico Business, Mexico counts with an 80% logistics time advantage due to its proximity to the U.S., and 75% logistics cost advantage over China. Thus making Mexico a better option when deciding manufacturing in Mexico vs China.

Mexico vs China: Supply Chain

All the mentioned factors affect the supply chain cost structure. Therefore, it is important to take into account when analyzing supply chain sourcing. According to the before-mentioned PwC study, through an analysis taking into account labor content and Product Value density, based on $450 billion of manufactured goods imported from China to the US in 2019, 20% of those goods could achieve cost efficiencies if nearshore to Mexico (18%). (PWC, 2020).

Comparison table Mexico vs China

As a summary from the above-mentioned discussed factors, pleased find below a comparison table of manufacturing in Mexico vs China:

Are you thinking of moving or installing your manufacturing to Mexico?

Mexcentrix offers high-value, cost-effective and flexible shelter services and outsourcing that will get your operation in Mexico highly functional at a lower cost and successfully producing within a shorter timeframe than you can achieve on your own—all while significantly reducing the risks associated with a start-up. Contact Mexcentrix for a feasibility study or cost estimation today!

23Oct

FreightCar America to move production to new factory in Mexico

octubre 23, 2020 Jesus Aguirre

Rail equipment manufacturer FreightCar America will shift all manufacturing to Mexico as part of moves announced Monday. The company has completed purchase of its partner’s 50% interest and now is sole owner of its new Castanos, Mexico, plant where it all railcar manufacturing will be based by February 2021. The company will close two U.S. plants. It secured a $40 million loan with a global investment firm, and will add a member of that firm as one of two new members of its board of directors. The other new member will be Jesus Gil, general manager of the Castanos facility and a veteran of the railcar industry who has managed operations for two of FreightCar America’s primary competitors. It will hold an online special meeting of stockholders to complete the loan funding by late November. “We exit a prolonged period when our business was hampered by high costs, sustained losses and a generally challenged competitive position,” company president and CEO Jim Meyer said in a press releas “We now enter a new chapter, where our business will be supported by a single new production facility designed specific to our needs, a highly experienced and cost competitive workforce, and a significantly enhanced competitive profile that includes a $25 million reduction in annual fixed costs achieved through the closures of our two facilities in Cherokee, Ala. (‘Shoals’), and Roanoke, Va

22Oct

Motherson Sumi Systems signs pact to acquire Bombardier’s Mexico-based electrical wiring biz for US $10 mn

octubre 22, 2020 Jesus Aguirre

Auto component major Motherson Sumi Systems on Tuesday has signed an agreement to acquire the activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation’s manufacturing site in Huehuetoca, Mexico (BT Ensambles México).

MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribution systems for leading rolling stock manufacturers.

The transaction includes the transfer of assets, employees and inventories, on a debt-free and cash-free basis and is valued at around US $ 10 million approx, the auto component maker said in a release. The transaction is subject to customary closing events and expected to complete in Q4 FY20-21, it added.

Vivek Chaand Sehgal, Chairman, MSSL said, “Our focus is always on adding value to our customers’ supply chain and catering to their requirements. This is another step forward in that direction. We are further strengthening the relationship with Bombardier under the global partnership agreement and our collective strength will position us as a preferred solutions provider to our customers in the rolling stock business.”

“The acquisition of the business will enable us to be a truly global partner to our customers as we get the opportunity to serve them in the North American market”, said Andre Gerstner, President, Rolling Stock Division, PKC Group.

According to Jim Vounassis, Chief Operating Officer, Bombardier Transportation “Bombardier Transportation aims to enhance its adaptability and agility to changing market conditions, in order to continue to increase its competitiveness and improve its global footprint. This divestiture is in alignment with our global transformation strategy of reducing the activities to our core- and integrating competencies.”

Source: ET Auto.com

(https://auto.economictimes.indiatimes.com/news/auto-components/motherson-sumi-systems-signs-pact-to-acquire-bombardiers-mexico-based-electrical-wiring-biz-for-us-10-mn/78773246)

22Oct

Dachser Mexico Expands Warehouse Facility in Querétaro

octubre 22, 2020 Jesus Aguirre

Dachser Mexico, a subsidiary of global logistics provider Dachser, announces it is expanding its bonded warehouse facility located in Parque el Marqués at Querétaro, one of Mexico’s key manufacturing hubs. Addressing the growing needs of the market, this new state-of-the-art facility launched October 1.

Considered the crown jewel of the Bajio manufacturing region, Querétaro’s main manufacturing industries include automotive assembly, auto parts, aerospace and household appliances. The region touts a highly skilled manufacturing workforce of more than 176,000 people employed by over 1,300 companies in the region. Querétaro’s central location gives it access to more than 45 million people within a 350-kilometer radius.

“As Mexico’s manufacturing sector continues to grow, we are elevating our investment in the market to ensure supply chain fluidity in the region. Our goal is to help our customers maximize the potential Mexico has to offer,” said Edgardo Hamon, Managing Director, Dachser Mexico. “This newly expanded bonded warehouse facility in Querétaro will provide a competitive advantage to companies of all sizes and demonstrates Dachser Mexico’s continued commitment to the growth of this vital economic region.”

Utilizing Mikado, Dachser’s proprietary global warehouse management system, this expanded best-in-class bonded warehouse facility is equipped to support the manufacturing sector as well as other industries. It will offer 4,000 square meters of total warehouse space with an electrical sub-station on premises. It will also provide a wide variety of enhanced service capabilities as well as a competitive end-to-end solutions portfolio.

Some of these enhanced services include vendor managed inventory (VMI) system capabilities that enable customers to quickly replenish inventory without disruption. Also, safe storage is a top priority, as the site is also outfitted for the storage and handling of dangerous goods in accordance with compliance regulations. It is equipped with state-of-the-art fire alarm systems to ensure safe storage conditions.

Further, container yard services offer customers flexible storage solutions along with full and transparent access. Other services include UVA labeling with pick-and-pack outbound shipment services, process optimization from sender-to-buyer with extended distribution cut-off times and warehouse pick-up times. Moreover, the facility will be able to assist customers in meeting the dynamic challenges faced in their supply chains by providing flexible response times caused by seasonal and irregular demands.

“These investments are needed not only to boost support for our customers, but to also provide speed, reliability and simplicity in the supply chain to this economically important region,” added Mr. Hamon. “Leveraging Dachser’s global footprint and extensive network, Dachser Mexico will continue to invest in warehouse and distribution solutions that support seamless logistics benefitting our customers while reducing complexity.”

With more than 170 warehouses worldwide and over two million pallet spaces, Dachser offers its customers comprehensive supply chain solutions throughout the globe. As Dachser Mexico increases its presence in the area, businesses will have greater ability to reach more of their customers and markets.

Source: DC Velocity

(https://www.dcvelocity.com/articles/47473-dachser-mexico-expands-warehouse-facility-in-queretaro)

16Oct

Benefits of Outsourcing in Mexico for companies

octubre 16, 2020 Jesus Aguirre

Optimize your company’s processes and costs with by outsourcing in Mexico

Do you know what outsourcing is and what its direct benefits are? We are sure you have heard this term before. However, for many people, it can cause confusion. In our article, we will talk about what outsourcing in Mexico involves, and the benefits for the companies or businesses that make use of this strategy.

What is outsourcing?

Talking about outsourcing is often a controversial topic. Outsourcing is nothing more than the subcontracting of employees or the subrogation of the workforce. Many companies, such as Telmex in Mexico, make use of subcontracted employees to perform the installation of their equipment in many homes.

This is done to pay a little their employees less, who are not directly hired within the company. By additionally focusing on the tasks of workers than have a contract. Subcontracted employees are not unionized and do not generate seniority. However, this does not mean that the company is exempt from responsibilities.

According to information on the website occ.com.mx, the SAT in 2018 made changes in the way subcontracting should be carried out. This was with the intention of protecting employees of companies that were not regularized. Additionally, in this update, the process to comply with all the rules by the companies was made known.

Benefits of Outsourcing in Mexico

Below we describe why Mexcentrix outsourcing services are really advantageous as a contracting model for many companies.

Outsourcing Benefits - Outsourcing in Mexico - Mexcentrix - Shelter Company

Significant cost reduction

Companies can reduce quite a few costs with this contracting model. Imagine that as an entrepreneur, you want to hire 10 professionals to perform inspection tasks that your area of supervision cannot afford to perform. These 10 employees will not be hired directly by you, so the labor can be paid cheaper. Usually, the staff is part of another company, which is in charge of fulfilling all the safety conditions of these employees.

Apart from all this, expenses are minimized by the human resources areas by not depending on them with a fixed salary.

By outsourcing, we avoid fines from the SAT

We already mentioned this, but it’s worth repeating. For the last two years, the SAT has made an emphasis on the strick regulations for companies that subcontract the services of personnel for different tasks. Just think about this: You are an entrepreneur who is going to hire 5 people to install modems and for each installation, you are going to pay 25 USD.

These payments can be made via deposit and justified as an extra expense but without the need to withhold taxes for the SAT, since these external suppliers do not belong to your company, but to another. In this case, the people who receive the profists are responsible to account to the tax authorities.

Continuous growth of your business

Many companies use this business model to consistently grow their business. If we assume that a business invests 10,000 USD in the payments of workers hired through outsourcing, but obtains profits of 75%; it will be able to reinvest the profits in hiring more personnel, progressing in a scalable way.

Let’s see it with an example: The first month, the company invests those 10,000 USD in labor that can be provided by an external supplier; from which it receives 75% in profits (after taxes). By the second month, the company will have 17,500 USD to invest in labor, which will give them a profit of 13,125 USD and will have 30,625 USD by the third month. Businesses can easily be scaled by outsourcing in Mexico.

Companies can look like specialists, without really being one

One of the biggest advantages of contracting external suppliers is that startups or established companies can offer services of which they may not be experts in. Company “A” may be able to offer its digital marketing services to thousands of clients, but the ones who will really take care of executing these tasks will be the external providers, or company “B”. This way company “A” will gain prestige as an expert in digital marketing, when in fact they may or may not be experts in that area.

Outsourcing in Mexico - Mexcentrix - Shelter Company

Minimize expenses and investment in innovative equipment

Another great benefit of outsourcing is the fact that you don’t have to invest in buying big! No need to buy equipment to manufacture or offer innovative products to your customers. Why buy an expensive machine when many companies already have one?

In the case that you need to manufacture some industrial or artisan pieces; you can subcontract this service to a company that has the necessary machinery to take care of this. Of course, providing the quality and efficiency in the service that your clients expect.

It is not superfluous to tell you that you should pay special attention to the fact that your suppliers deliver quality and in the agreed times. You must also make a financial allocation to project the expected after-tax profits.

Why hire the services of an outsourcing company in Mexico?

Now that you know the benefits of outsourcing, perhaps you are wondering where to find specialized personnel. Mexcentrix’s team will be happy to guide you through more information. We have all the know-how and the profiles you need to carry out the process of outsourcing personnel in Mexico.

In case you need to hire a specialist, you will not depend on interviewing thousands of candidates; our outsourcing company will be able to do this for you.

But that’s not all. Did you know that there are outsourcing companies that can even help you set up your own company in Mexico? Or, instead , send machining directly from abroad to Mexico, where labor is much cheaper?

Hiring an outsourcing company will allow you this and much more. Scale your business quickly with the help of specialists, innovating, focusing on your responsibilities, and saving money.

We invite you to think about outsourcing as an alternative to your company or startup. We are sure that it will be very helpful to you.

13Oct

Medical industry to create 85,000 jobs in Baja California

octubre 13, 2020 Jesus Aguirre

The maquiladora industry of medical devices in the state of Baja California could close the year with a generation of 85,000 jobs, since this sector, despite the contingency derived from COVID-19, has grown in labor, said the Ministry of Sustainable Economy and Tourism (SEST) of the state of Baja California.

“This sector started the year with 71 (new) jobs and despite the pandemic, we are going to close the year with more than 85,000 jobs, which speaks of the confidence there is to invest in Baja California”, explained the head of the SEST, Mario Escobedo Carignan.

The official said this within the framework of the delivery of 10,000 surgical masks to the General Hospital of Tijuana, donated by the Availmed company, derived from the efforts of the Maquiladora Industry and Export Manufacturing Association (INDEX) Zona Costa.

Availmed is a manufacturer of single-use disposable medical articles, which produces for major brands in the global market, is part of the industrial giant Flextronics and has a workforce of 3,100 employees in Tijuana.

Among other products it manufactures are catheters, devices for the treatment of vision, syringes, plastic parts, medical instruments and feeding bags for pathological treatments.

Escobedo Carignan previously reported that Medline Industries, another manufacturer in the medical sector, will expand in Mexicali. It has two manufacturing plants for its sterile surgical tray and Centurion divisions, where it will employ 2,200 employees. Likewise, the minister explained that the economic reactivation has been developed in a responsible manner, which has placed the entity as a leader in the economic reactivation of the country as well as in the generation of new jobs.

Source: Mexico Now, Forbes.

(https://mexico-now.com/medical-devices-industry-to-generate-85000-jobs-in-baja-california/)

13Oct

Impulsora and Tesla sign agreement

octubre 13, 2020 Jesus Aguirre

The Monterrey based company Impulsora, a leader in Mexico in the commercialization of electrical, lighting and hardware equipment, signed an agreement with the American company Tesla to distribute and install batteries for the storage of electricity for the commercial and industrial sector.

In an interview Gabriel Arroyo, manager of Impulsora’s Energy Storage division, a firm that is part of the Nuevo León Energy Cluster, explained that this agreement will allow them to market the electrical energy storage units designed by Tesla in the United States.

“These batteries are made of lithium and are much more efficient compared to other materials. The battery modules, the inverters and the thermal system, among other components of the units, are pre-assembled and tested at the factory in an environmentally sealed box, ideal for the commercial and industrial sector that consumes electricity from medium voltage rates hours,” Arroyo explained.

He commented that the “Megapack,” the unit’s name, is available in 2-hour and 4-hour variants with capacity maintenance options, and inverter and battery module quantities can be configured to meet custom project requirements.

“These equipment, in addition to saving energy, save demand; one of its main uses is the ‘peak shaving’, where you literally ‘shave’ all these demand peaks that you have, because the CFE will take the maximum peak and charge the energy based on that peak,” he said.

Source: Mexico Now, El Financiero.

(https://mexico-now.com/impulsora-and-tesla-sign-agreement/)

12Oct

Mexico investment plan’s energy projects focus on Pemex refining

octubre 12, 2020 Jesus Aguirre

A $14 billion investment plan unveiled by the Mexican government on Monday focuses energy outlays on the refining business of Petroleos Mexicanos (Pemex), aiming to boost the state oil firm’s ability to process heavy crudes.

The plan, which comprises some 99 billion pesos ($4.65 billion) in energy projects, did not appear to include major new oil exploration and production investments, despite Pemex’s declining crude output and private sector lobbying for them.

The top item is a 54.7 billion peso project to complete a partly-built coking plant at Pemex’s Tula refinery in central Mexico. The project was begun by the previous government.

The so-called deep conversion refining project would allow more output of higher-value motor fuels like gasoline and diesel from Pemex’s mostly heavy crude production, while minimizing less valuable fuel oil.

The plan pledges 15.4 billion pesos for upgrades to Pemex’s existing coking plant at its northern Cadereyta refinery.

Another 25.2 billion peso investment is slated for a project to build a natural gas liquefaction plant at the southern port of Salina Cruz, where Pemex’s biggest refinery is.

Two smaller energy projects announced by officials include a Pemex ethane terminal at the Gulf Coast port of Pajaritos, as well as a new fertilizer plant.

The investment plan was announced by President Andres Manuel Lopez Obrador and business leaders on Monday morning to help to lift Mexico’s ailing economy.

Source: Reuters.com

(https://www.reuters.com/article/us-mexico-infrastructure-energy-idUSKBN26Q288)

12Oct

SoftBank-backed used-car startup Kavak becomes first Mexican unicorn

octubre 12, 2020 Jesus Aguirre

SoftBank-backed used-car platform Kavak has become Mexico’s first tech “unicorn” after reaching a $1.15 billion valuation in its latest funding round last month, Chief Executive Carlos Garcia told Reuters.

The Mexico City-based startup has raised over $400 million in total funding since its founding four years ago, with Japan’s SoftBank, Hong Kong’s DST Global and U.S.-based Greenoaks Capital leading the recent round, Garcia said in an interview on Wednesday.

The company is SoftBank’s most recent Latin American investment to become a unicorn – lingo for tech startups valued at more than $1 billion – after delivery app Loggi and gym membership app Gympass, both from Brazil, and Colombian delivery app Rappi.

Japanese tech investor Softbank last year vowed to deploy $5 billion in the region, which Mexican investors praised as a potential game changer for young companies that struggle to fundraise locally.

“It’s really humbling for us to be the first Mexican unicorn. It’s something really important for the ecosystem in Latin America, and especially Mexico,” Garcia, 37, said.

Kavak, an online platform for buying and selling secondhand cars with operations in Mexico and Argentina, is laying plans to launch in Brazil early next year, Garcia said.

Kavak entered Argentina in August through its merger with used-car platform Checkars.

Garcia said he plans to hire 500 people within a year in Brazil, Latin America’s largest economy, adding to 800 current employees.

He expects Kavak to turn a profit in the next couple of years, and will consider going public within three years, he said.

Despite the hit of the coronavirus crisis, Garcia said traffic has recovered to pre-pandemic levels as shoppers seek alternatives to public transportation.

Nicolas Berman, a partner in Argentina’s Kaszek Ventures, one of Kavak’s largest shareholders, said investors were eyeing the long game in the used car industry, which represents $160 billion between Mexico and Brazil.

“It’s a massive market, and it’s completely underserved,” he said.

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Source: Reuters.com

(https://www.reuters.com/article/mexico-kavak-idUSKBN26M4KA)

12Oct

Do you know what OEA is?

octubre 12, 2020 Jesus Aguirre

The Authorized Economic Operator (OEA) is a program that aims to strengthen the security of the foreign trade logistics chain through the implementation of minimum security standards internationally recognized, in coordination with the private sector.

Everything you need to know about the OEA

OEA Benefits

Some benefits for OEA certified companies are:

Rectifications of orders of their import operations in the first 3 months, without need for authorization
Import and export operations will have expedited crossings at the border
Customs flexibility, and in some cases fines are waived.
Virtual transfers to companies that do not have an IMMEX program.
When the authority detects surplus or undeclared merchandise in definitive imports and exports, there will be a period of 10 days from the notification of the corresponding procedure, to process the definitive import or export petition
Customs clearance of merchandise susceptible to individual identification without the need to indicate in the order additional data such as brand, model, etc. As long as an updated registry is carried out in the inventory control system.

Do you know the recently added benefits?

In the event that a cancellation cause is updated of the Import Register and/or Importer Register of Specific Sectors and/or Sector Exporter Register, the registration in the Scheme will not be canceled immediately
The company is not obliged to submit the Manifestation of Value in regard to temporary import operations carried out under the IMMEX Program
Goods imported temporarily under the IMMEX program can stay in the national territory for up to 36 months. Regarding virtual operations, the term may be up to 18 months.
Consolidation of the cargo of goods, covered by several orders in the same vehicle
Processing weekly or monthly consolidated orders
Application of the procedure established in article 152 of the customs law instead of article 151.

There are 11 minimum standards each company must meet in order to qualify for the OEA Certification:

Planning for security in the supply chain
Physical security
Access controls
Business Partners
Safety process
Customs management
Security for Cargo vehicles, containers, trailers and semitrailers
Personnel Security
Information Security
Safety Training
Management and incident investigation

OEA is a voluntary program, nevertheless, OEA certified companies are considered safe, trustworthy by the authorities, and better business partners and with higher investments in supply chain security by other companies.

The requirements for the OEA certification will vary according to the different modalities which are:

What are the requirements?

Requirements

To be a company incorporated according to Mexican law.
Be up to date with your tax and customs obligations, as well as authorize SAT to make public the positive opinion.
Have employees registered in the IMSS or through the subcontracting of employees, as well as being up to date with the obligation to hold and notify the Income Tax on workers
Not to be in the list of companies non- compliant or with nonexistent operations, published by the SAT.
Have valid digital signature certificates to issue digital tax receipts
Have registered before SAT all establishments in which economic activities or foreign trade are carried out.
Have an electronic email for the purposes of the Tax Mailbox
Not be suspended in the Importers Registry, in the Importers Registry of Specific Sectors or in the Sectorial Exporters Registry.
Allow AGACE personnel access to your facilities all the times, to carry out the initial inspection or supervision visit.
Having clients and suppliers abroad directly or indirectly linked to the customs regime
In case of having national suppliers, a file must be presented with the name and RFC of the input suppliers acquired in the national territory of the last 6 months, also considering the companies with the IMMEX Program with which are making the virtual transfers.
Have the legal use of the property or properties where the production processes or the provision of services are made.
The SAT must not have filed a criminal complaint or complaint against the partners or shareholders, legal representative or members of the administration, or in its case, declaration of damage, during the last 3 years prior to the presentation of the request.
Have an updated and automated inventory control.
Keep the accounting in electronic media and enter it monthly through the SAT Portal.
The partners or shareholders, legal representative with ownership rights, and those who carry out the paperwork to the SAT and members of the administration must be up to date in the fulfillment of their fiscal obligations.
The partners, shareholders, or members of the administration must not be related to any company whose registration in the Company Certification Scheme has been canceled.
To have made foreign trade operations during the last two years prior to your request.
Comply with the payment of rights.
Make the designation of transport companies authorized to make the transfer of foreign trade goods.
Prove compliance with the minimum security standards for each one of the facilities where you carry out foreign trade operations.