Publication of the Public Bid No. IFT-13.
On January 24, 2024, the Plenary of the Federal Telecommunications Institute approved the “Call to the Public Bid to grant a concession for the commercial use, utilization and exploitation of the radio electric spectrum segment available in the Frequency Band 2483.5 – 2495 MHz for the provision of the Complementary Ground Service of the Mobile […]
New General Law on Alternative Mechanisms for Settling Disputes
As part of the 2017 constitutional amendment to Articles 17 and 73 section XXIX-A, the Congress of the Union was granted the mandate to promulgate a general law establishing the principles and bases for alternative mechanisms for settling disputes, with the exception of criminal matters, which according to the transitory articles of such constitutional reform […]
World’s first artificial intelligence regulation is born in Europe.
There is no doubt that the tool that will shape our generation in the coming years is artificial intelligence (“AI“). Recently, the development of AI at a global level has had a very accelerated growth. Although it is not an exclusive subject of study of the 21st century, considering that scientists of the 20th century […]
NEARSHORING: DECREE GRANTING TAX INCENTIVES TO KEY SECTORS OF THE EXPORT INDUSTRY
The October 11, 2023 Mexican Federal Official Gazette contains the “Decree granting tax incentives to key sectors of the export industry consisting of the immediate deduction of the investment in new fixed assets and the additional deduction of training expenses” (hereinafter, the “Decree”), effective as of October 12, 2023. This Decree grants tax incentives for […]
The Court has confirmed the constitutionality of the Controlling Beneficiary. [Update]
In Mexico, all entities, whether individuals, corporations, trusts, foundations, or other similar structures, are required to identify their Controlling Beneficiaries. These individuals are those who receive benefits from the entity or exert influence over it, as detailed in the previously published article by Aliza Palatchi. Failure to comply with this obligation may result in fines […]
Approval of electronic, optical or any other technological means in the meetings of commercial companies.
SEPTEMBER 19, 2023. On September 12, 2023, the United Commissions of Economy and Legislative Studies of the Senate approved, through roll-call vote, the draft for the decree by which several provisions of the General Law of Commercial Companies (“GLCC”) are amended regarding the rules for the celebration of partners meeting, forwarding it to […]
NEW GENERAL LAW ON ALTERNATIVE DISPUTE RESOLUTION (ADR)
A controversy before the Courts of the country is always complicated because it involves factors such as lawyers’ fees, personal resources, bureaucracy, long times to obtain a judgment and factors such as the excessive workload that the Authority has at the local or federal level, which makes access to the administration of justice difficult. […]
Entry into force of the decree prohibiting added trans fats in the industrial manufacturing process of edible oils and fats, food and non-alcoholic beverages.
Mexico City, September 5, 2023. Trans fats are produced through a process of partial hydrogenation of vegetable oils and have been linked to an increased risk of cardiovascular disease and other health problems when consumed in excess, according to the World Health Organization. In response to this situation, in Mexico, as of the second […]
The Civil Code of Mexico City, moves towards inclusion.
On August 8, 2023, the plenary session of the Supreme Court of Justice of the Nation (the “Court“), invalidated provisions of the Civil Code in force of Mexico City (the “Code“), in testamentary matters that allow people with disabilities to testament by electronic means. In the world, according with the World Health Organization, approximately 15% […]
THE TAX ADMINISTRATION SERVICE POSTPONED THE APPLICATION OF PENALTIES RELATED TO THE CARTA PORTE COMPLEMENT OBLIGATIONS
Last July 16, 2023, the Mexican Tax Administration Service (“SAT” per its acronym in Spanish) published on its website the First Anticipated Version of the Sixth Resolution of Modifications to the Miscellaneous Tax Resolution for 2023, which in its Tenth transitory article, informed that it will no longer be as of August 1st, 2023, that […]