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10 Tips for Investing in Real Estate
Buying a propertyThe GE Real Estate company, which has over $4 billion dollars of real estate investments in Mexico, some time ago composed a list of items it recommends taking into account when...
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20 mistakes the SAT** will not condone - Part II
TaxWhen Deducting Expenses Mistake #10. Expenses such as grocery purchases, and the home phone, among other expenses, are deducted. How to avoid making this mistak...
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20 mistakes the SAT** will not condone - Part I
TaxWorking in a freelance capacity earning professional fees or running your own business involves two basic, key facts: you will usually have more leeway in managing your work sch...
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Complaining to Profeco... It Does Work!
Living in YucatanIf you live in Mexico, you have surely wanted to complain more than once regarding a purchase of a bad product or a service poorly provided. The Office of the Federal ...
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6 Financial Tips for Senior Citizens
Living in YucatanHow to Convert Assets into Income Poor stock returns are threatening to destroy the golden rule for maximizing the longevity of your money, namely, withdraw 4% of your asset...
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Regime for Small Taxpayers (REPECO), an Excellent Alternative for Paying Taxes in Mexico
TaxIf you are looking to invest in Mexico and would like to start a business as an individual, then this article will be of interest to you. Individuals engaged in busines...
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Registering in the Mexican Business Information System (SIEM by its Spanish acronym)
BusinessRecently, we were consulted by one of our foreign clients who was paid a visit by an individual identifying himself as an employee of the Secretariat of Economy (Secretarí...
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Purchase Or Sales Offer For Real Property
Buying a propertyIt is a very common practice that a person who finds real property that meets their expectations will want to purchase it. To get started, they usually request that the re...
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Agreement For The Promise To Buy And Sell Real Property
Legal ServicesUndoubtedly, one of the most widely used agreements (contract) in real estate is the Promissory Agreement for Purchase and Sale, also referred to as a Preliminary Agreement, or ...
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Procedures and Payments for Acquiring Real Property
Buying a propertyIf you are considering acquiring property this year, we suggest you take into account the necessary procedures (paperwork, formalities, etc.) and payments since the purchase-sal...
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Power of Attorney and Mandate in Mexico
Legal ServicesConferral of a power of attorney or a mandate in Mexico is accomplished in a legal transaction that needs to be carried out carefully and knowledgeably. This posting is...
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Obtaining a Driver’s License in Yucatan
Living in YucatanIf you are a foreigner and not planning on leaving Yucatan, it is probably then a good idea to obtain your driver’s license for here. The process is re...
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February, the month for corporations in Mexico to submit disclosure statements
TaxWe would like to take this opportunity to inform you that February 15, 2012 is the deadline to submit disclosure statements regarding wages and salaries, income tax (ISR in Span...
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Sociedad Anonima (Corporation) vs. Sociedad de Responsabilidad Limitada (Limited Liability Company)
Legal ServicesThe two most popular types of corporations in Mexico are the Sociedad Anonima, or S.A. (Corporation) and the Sociedad de Responsabilidad Limitada, or S. de R.L. (Limited Liabili...
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ALERT! IMSS Campaign to Verify Payment of Contributions relating to Construction Industry along Coastal Zone
TaxIn mid-November, the Mexican Institute of Social Security (Instituto Mexicano del Seguro Social, or IMSS) began a campaign to verify payment of Social Securi...
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What you should know
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