Taxes in Mexico
properties, work, business
Basics
Mexican taxation system
RFC (tax ID number)
Opening a bank account
Payment systems and transfers
Credit cards and loans
IVA (value-added tax)
Customs duties
Accounting
Tax regimes
Real Estate
Land property types
Restricted zones
Ejido land
Buying real estate
Due diligence
Fideicomiso (bank trust)
Selling real estate
Property taxes
Renting real estate
Vehicles
Buying a car
Registration and plates
Drivers license
Taxes and insurance
Importing your car
TIP (temporary import permit)
Buying a boat
Visiting México by boat
Private flights regulations
Work and business
Work permit
Employment laws
Self-employment
Digital nomads
Hiring employees
Types of business structures
Steps to form a company
Filing declarations
Investments
About the book
Comprehensive practical guide that helps you understand the basics of the Mexican taxation system, governmental procedures, and regulations. It provides straightforward answers to the most common questions.
Some of the topics covered include:
- How to obtain your RFC (tax ID number) and electronic signature
- Main taxes in Mexico
- Tax regimes and corresponding obligations
- Opening bank account
- Types of property, restricted zones, federal zone, ejido land
- Buying real estate – due diligence, steps of the process
- Buying real estate in restricted zone through bank trust (fideicomiso) or corporation
- Selling and renting your property
- Taxes and registration procedures involved in purchase and sale of cars, yachts, aircraft
- Temporary import (TIP) of cars and yachts into Mexico
- Customs regulations
- How to obtain work permit
- Employment laws
- Hiring employees and independent contractors
- Hiring domestic staff
- Fiscal obligations for self-employed individuals, employees, and business owners
- Fiscal obligations if you work remotely for a foreign company
- Income from digital platforms (Amazon, Airbnb, Uber, etc.)
- Forming a company, types of businesses
