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
On February 10, 2017, the Mexican Minister of Treasury – José Antonio Meade Kuribreña – attended a meeting of the National Confederation of Governors, held in Lázaro Cardenas, where he announced the tax incentives that the federal government will provide to those companies that invest within Mexico’s Special Economic Zones.
The present Update aims to complement our Report on SEZ, which was published last month, and it will inform the following:
To download the Update, please click here: Update-SEZ-13022017
For further information on how we can assist your company, please feel free to download our SEZ Report at https://www.vtz.mx/information.php or contact Mr. Emilio Arteaga Vázquez (emilio@vtz.mx).
customs, Lazaro Cardenas, Mexico, Ministry of Treasury, Special Economic Zones, Tax, Tax Incentives, trade
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