About Mexico
Mexico is Latin America’s second-largest economy with USMCA free trade access to the US and Canada, a large skilled manufacturing workforce, and growing nearshoring opportunities across sectors.
Openness to Foreign Direct Investment
The Mexican government supports and encourages foreign direct investment. Due to its macroeconomic stability, rapidly growing customer base, and increasingly mature labor market, the region is attracting investors. The United States has historically been Mexico's largest source of foreign direct investment. Today, Mexico continues to attract a growing number of global investors, positioning the country among the top 15 in foreign direct investment worldwide.
Multilateral Trade Agreements
Mexico has trade agreements with over 50 countries, including the USMCA (formerly NAFTA), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Mexico Trade Agreement, and Pacific Alliance Agreement. These trade agreements give manufacturers access to approximately 60% of the world’s markets, driving growth in foreign investment.
Diversified Economy
Mexico’s economy spans agriculture, industry, and services, providing stability for investors. With strong production capabilities, the country is a major global exporter. Mexico has expanded beyond raw materials to integrate its products into regional and global value chains, and nearshoring trends have further strengthened its position as a competitive manufacturing hub.
Continuously Growing Domestic Market
Mexico has over 130 million consumers and a growing middle class with increasing disposable income. Since the implementation of free trade agreements, living standards have steadily improved, with the middle class accounting for approximately 47% of the population. The growth in manufacturing and energy sectors continues to increase household income and purchasing power across the country.
General CIT Rate
30
CIT Return Due Date
31 March
CIT Payment Due Date
31 March
CIT Estimated Payment Due Date
The estimated payment by CIT will be due on the 17th of each month.
Resident Withholding Tax (Dividend/Interest/Royalty)
10/0.9/0
None-Resident Withholding Tax (Dividend/Interest/Royalty)
10/4.9-35/5-35
General VAT Rate
16
General Capital Gain Tax Rate
Mexican residents are taxed at 30% of their income. Non-residents are taxed at 25% of their total income or 35% of their net income.
Composite Effective Average Tax Rate
27.63%
Composite Effective Marginal Tax Rate
20.29%
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