FAQ

Under the shelter program, the shelter service provider takes care of all the administrative tasks and back-office operations, allowing the foreign company to focus on its core business and operate in Mexico reducing risks and liabilities.

For all manufacturing and service companies looking to establish operations in Mexico successfully. Independently of the size of the company, in Mexcentrix we adapt to the needs of each client.

Each shelter company has different minimum term contracts. Most shelter companies like Mexcentrix, support  the idea is that the client staying with a shelter service provider as long as it makes sense for their business case.

Regardless of the above, an average time the client stays under the shelter model is between 4 to 8 eight years.

The main advantage of operating under the shelter services program include:

• Minimize risks in Mexico.
• Reduced Mexican legal exposure.
• Faster start-up.
• Lower start-up and operational costs.
• Assistance from the experts since the beginning.

Yes, under Mexcentrix shelter services you can operate under an incorporated framework which means you operate directly under a new legal entity in Mexico,  created exclusively for your company, thus allowing a shelter company to take care of all administrative tasks.

Furthermore, some shelter service providers like Mexcentrix, provide stand- alone support services which allow your company to hire only one of the wide range range of the services we offer. For example,  if you company needs support to manage imports and exports and managing  the IMMEX you can just hire our foreign trade service and take care of the rest of the areas in-house.

Firstly, the Client must decide the name for the new legal entity and type of corporate structure.

Followed by determining shareholders, corporate purpose, and share capital.

The law firm or legal team of a shelter company like Mexcentrix will proceed with drafting the bylaws and appear before public notary.

Once incorporated by means of a public deed,  the new company  shall be registered before the Public Registry of Commerce (Registro Público de Comercio), and before the tax authorities.

Under the shelter model your company can start operations in as few as 90 days.

Nevertheless, if you are starting operations as a stand-alone, the time frame is much longer and will depend on your company needs. For example, if your company wishes to obtain the IMMEX Program and VAT & IEPS Certification, will affect the start-up time as to obtain this programs is not quick.

If your company decides to invest in Mexico through the stand-alone operating structure, obtaining support in certain aspects from the experts, such as a shelter company, will always help reduce start-up times due to their local expertise, know- how and established infrastructure.

Some of the main benefits include diverse programs that can reduce or eliminate import duties and taxes, such as PROSEC, Regla Octava (8th Rule), IMMEX, and Certification for VAT and IEPS.

In addition, Mexico allows maquiladoras to pay taxes under the safe harbor method. In which they pay taxes according to the tax profits which equals to the greatest amount equivalent to one of the following percentages:

• 6.9% of the value of the assets
• 6.5% of the amount of ordinary costs and expenses of their operation.

The IMMEX authorization is an instrument which 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 deferring the general import tax.

In order to be able not to pay VAT, the company must also count with the VAT and IEPS Certification.