Yesterday, the 13th of January, the Ministry of Economy organized the “Day of China”, where the Minister, Graciela Marquéz, said that Mexico is a fertile ground for the Asian giant’s capital. The Minister of Economy commented that the Mexican government seeks to increase exports to China, since “it is probably the most attractive market in the world.”
The Chinese ambassador to Mexico, Zhu Qingqiao, also attended to the event and gave a speech about the relevance and role of China in the world economy, noting that “in the last 5 years China’s average contribution to economic growth world is over 30%. Currently, the Chinese economy is moving from accelerated growth to a much better quality. ”
The Mexican ambassador to China, José Luis Bernal, said that before the end of the year one of the large Chinese automotive companies will establish a production plant in our country. The Mexican ambassador to China stressed that the automotive company will join two other companies that seek to have a commercial presence in Mexico, a company that also manufacture electric cars.
VTZ participated in the “China Day”, where it promoted its Chinese Desk among the Chinese business sector, a project that seeks to be the contact point for Chinese individuals and companies that seek to do business in Mexico. We prepared a presentation that was delivered to the Minister of Economy and the Ambassador of China in Mexico:
Our Chinese Desk is directed by Susana Muñoz, who will be our main contact with businesses in China and Asia. Ms. Muñoz is based in Hong Kong and has extensive experience in business opportunities, trade, investment promotion, product development, and economic and market research in Mexico and China.
In addition, Karla Loyo collaborates in our Chinese Desk. Ms. Loyo has worked in government agencies, such as the Mexico-China Chamber of Commerce and Technology, the Mexican Chamber of Commerce in Hong Kong, among others. This project is also supported by our managing partner, Adrián Vázquez, and junior partner, Emilio Arteaga, as well as all the team of VTZ.
VTZ thanks the Business Council for Foreign Trade, Investment and Technology, A.C. (COMCE) for providing a space to promote our Chinese Desk.
El pasado 31 de diciembre de 2018 fue publicado en el Diario Oficial de la Federación el denominado “Decreto de estímulos fiscales región fronteriza norte”, el cual establece ciertos estímulos fiscales en materia de Impuesto sobre la Renta (ISR) e Impuesto al Valor Agregado (IVA) que estarán vigentes durante 2019 y 2020.
Nuestro Boletín Fiscal, preparado por nuestro socio Jorge Montes, se abordan las partes más relevantes del referido decreto, tales como los municipios que conforman la región fronteriza norte, los sujetos que pueden beneficiarse de los estímulos fiscales, los requisitos para aplicar los beneficios, entre otras cuestiones.
On June 23, 2017, the Inter-Ministerial Commission approved the creation of five SEZ, namely those that will be located in the states of Chiapas (Puerto Chiapas), Veracruz (Coatzacoalcos), Michoacán (Lázaro Cárdenas), Guerrero (Puerto Unión), Yucatán (Progreso) and Oaxaca (Salina Cruz).
Now, the next step is for the President to issue the Decrees that will officially create each SEZ. It is expected that in the upcoming months, or even weeks, Decrees will start being published in the Official Gazette. The Mexican States also play an important role in the development of a SEZ.
Therefore, the purpose of this update is to inform which are the economic sectors that are being targeted by the Mexican government to invest in the SEZ, as well as the significant legal developments regarding the implementation of the Mexican SEZ at the state level.
To access our update, please download it from the following link: Update-SEZ-17082017
Economic Sectors, featured, Income Tax, Investing in Mexico, Lazaro Cardenas, Mexican Lawyers, Mexican SEZ, Puerto Chiapas, Puerto progreso, Puerto Unión, Salina Cruz–Coatzacoalcos, Special Economic Zones, Tax Incentives, VAT