Mexico
Mexico: 9 company types, its taxes, banking and business environment, and what it is known for.
Forming a company
Company types in Mexico
The 9 forms a founder can choose here, each with its own figures. Open one for its sources.
What it is known for
Where Mexico is in the world’s top 10 on a measure anyone can check, the best rank first. Only the top is shown; a low rank is never stated.
- World’s1stWorld-leading exports Motor vehicles for the transport of goodsUS$37.3 bn · 19.4% of world exports of 183 exporters · 2024 CEPII BACI, January 2026 release See the top 10
- World’s3rdWorld-leading exports Computers and data-processing unitsAutomatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or includedUS$56.7 bn · 11.2% of world exports of 226 exporters · 2024 CEPII BACI, January 2026 release See the top 10
- World’s3rdWorld-leading exports Motor vehicle partsParts and accessories of the motor vehicles of headings 8701 to 8705US$42.3 bn · 9.4% of world exports of 226 exporters · 2024 CEPII BACI, January 2026 release See the top 10
A rank is among everything the source reports for that year, so it moves when the source adds or drops economies. Exports include goods passing through for re-export. Nothing here is a recommendation.
Doing business here
Business accounts
Providers whose own published list of countries names Mexico. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Mexico.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Mexico: where to register, file and check.
Blocs and agreements
The trade arrangements Mexico belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- Pacific Alliance
- Free trade area · since July 2015
Covers goods, services, investment, public procurement.
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La República de Colombia, la República de Chile, los Estados Unidos Mexicanos y la República del Perú, en adelante denominadas “las Partes”
- United States–Mexico–Canada Agreement
- Free trade area · since 1 July 2020
Covers goods, services, investment, public procurement.
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The United States-Mexico-Canada Agreement (USMCA) entered into force on July 1, 2020.
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Free trade area · since 30 December 2018
Covers goods, services, investment, public procurement.
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any State or separate customs territory may accede to this Agreement, subject to such terms and conditions as may be agreed between the Parties and that State or separate customs territory.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 30%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Mexico, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Mexico.
Tax calendar
When the main returns and payments fall due in Mexico, tax year 2025, as the tax authority states it.
- Corporate tax return
- 3 months after the end of the tax year · each year
the tax of the year is paid through a return filed before the authorised offices within the three months following the end of the fiscal year — for the 2025 fiscal year, by 31 March 2026 (SAT states the return is filed in January, February and March of the following year).
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El impuesto del ejercicio se pagará mediante declaración que presentarán ante las oficinas autorizadas, dentro de los tres meses siguientes a la fecha en la que termine el ejercicio fiscal.
- Corporate tax, final payment
- 3 months after the end of the tax year · each year
the annual return settles the ISR of the fiscal year against the monthly provisional payments already made, the difference being paid with the return — within the three months following the fiscal year end, i.e. by 31 March for a calendar year.
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El impuesto del ejercicio se pagará mediante declaración que presentarán ante las oficinas autorizadas, dentro de los tres meses siguientes a la fecha en la que termine el ejercicio fiscal.
- Corporate tax, instalments
- Day 17 of the following month · each month
taxpayers make monthly provisional payments on account of the year's tax at the latest on the 17th day of the month immediately following the month to which the payment corresponds.
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a más tardar el día 17 del mes inmediato posterior a aquél al que corresponda el pago
- Personal income-tax return
- 30 April · each year
individuals who obtain income in a calendar year, other than exempt income or income on which final tax was paid, must pay their annual tax through a return filed in April of the following year — by 30 April. Individuals whose only accumulable income is from wages/certain other items and does not exceed the statutory thresholds may be exempt from filing.
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están obligadas a pagar su impuesto anual mediante declaración que presentarán en el mes de abril del año siguiente, ante las oficinas autorizadas
- Personal income tax, final payment
- 30 April · each year
the annual return in April determines the tax of the year and settles it against withholding and provisional payments, the balance being paid with the return — by 30 April of the following year.
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están obligadas a pagar su impuesto anual mediante declaración que presentarán en el mes de abril del año siguiente, ante las oficinas autorizadas
- Personal income tax, instalments
- Day 17 of the following month · each month
individuals with business or professional income make monthly provisional payments on account of the year's tax at the latest on the 17th day of the month immediately following the month to which the payment corresponds. Wage earners are taxed by withholding, not by an individual provisional payment.
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efectuarán pagos provisionales mensuales a cuenta del impuesto del ejercicio, a más tardar el día 17 del mes inmediato posterior a aquél al que corresponda el pago
- VAT return
- Day 17 of the following month · each month
VAT is calculated for each calendar month and paid through a return filed before the authorised offices at the latest on the 17th day of the month following the month to which the payment corresponds. The monthly payment is the difference between the tax on the month's activities and the amounts creditable under the VAT Law.
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Los contribuyentes efectuarán el pago del impuesto mediante declaración que presentarán ante las oficinas autorizadas a más tardar el día 17 del mes siguiente al que corresponda el pago.
- Payroll withholding
- Day 17 of the following month · each month
those who make salary payments must make monthly withholdings and remittances on account of the annual tax, entering the withholdings at the latest on the 17th day of each of the months of the calendar year (i.e. the withholding of a month is paid by the 17th of the following month), by return filed before the authorised offices.
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enterarán las retenciones a que se refiere este artículo a más tardar el día 17 de cada uno de los meses del año de calendario, mediante declaración que presentarán ante las oficinas autorizadas
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Mexico yet.
Economy and trade
What it exports
Goods Mexico exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Mexico’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars HS 8703 | 8.9% | 10.2% | 10.3% | US$67.3 bn |
| Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included HS 8471 | 7.1% | 5.2% | 8.7% | US$56.7 bn |
| Parts and accessories of the motor vehicles of headings 8701 to 8705 HS 8708 | 6.3% | 6.7% | 6.5% | US$42.3 bn |
| Motor vehicles for the transport of goods HS 8704 | 5.0% | 6.2% | 5.7% | US$37.3 bn |
| Petroleum oils and oils obtained from bituminous minerals, crude HS 2709 | 6.7% | 5.6% | 4.1% | US$26.6 bn |
| Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electromedical apparatus and sight-testing instruments HS 9018 | 2.7% | 2.9% | 3.0% | US$19.2 bn |
| Insulated (including enamelled or anodised) wire, cable (including coaxial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors HS 8544 | 2.8% | 2.9% | 2.9% | US$18.8 bn |
| Telephone sets, including smartphones and other telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of heading 8443, 8525, 8527 or 8528 HS 8517 | 2.5% | 2.6% | 2.5% | US$16.4 bn |
| Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus HS 8528 | 2.4% | 1.9% | 1.8% | US$11.5 bn |
| Tractors (other than tractors of heading 8709) HS 8701 | 2.2% | 2.3% | 1.7% | US$11.3 bn |
Total goods exports, 2024: US$650.3 bn. The ten largest headings are shown.