Amendments to the General Law of Negotiable Instruments and Credit Transactions and to the General Law of Credit Organizations and Auxiliary Activities regarding Electronic Means.
On March 26, 2024, a decree was published in the Official Gazette of the Federation amending, adding, and repealing several provisions of the General Law of Negotiable Instruments and Credit Transactions (“GLCIT“) and the General Law of Credit Organizations and Auxiliary Credit Activities (“GLCOAA“), hereinafter referred to as (the “Decree“). The main objective of […]
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 […]
Publication of the Guidelines for the registration and control of frequencies classified as protected spectrum in the 129.900-132.025 MHz segment for aeronautical operational control.
On January 23, 2023, the Agreement by which the Plenary of the Federal Telecommunications Institute issues the Guidelines for the registration and control of frequencies classified as protected spectrum in the 129.900-132.025 MHz segment for aeronautical operational control (the “Guidelines”) was published in the Official Gazette of the Federation.
Publication of the Regulatory Provisions on Satellite Communication Matters
On January 23, 2023, the Agreement by which the Plenary of the Federal Telecommunications Institute issues the Regulatory Provisions regarding satellite communications (the “Regulatory Provisions”) was published in the Official Gazette of the Federation.
Agreement whereby the Plenary of the Federal Telecommunications Institute issues the guidelines for traffic management and network administration to be followed by concessionaires and licensees that provide Internet access service.
On July 5, 2021, an agreement issued by the Federal Telecommunications Institute (“IFT”) was published in the Official Gazette of the Federation (“DOF”) establishing the guidelines that regulate traffic management and network administration of Internet access services (hereinafter, the “Guidelines”). The published agreement arises as a result of the provisions of Article 145 of the […]
Approval of Laws and Reforms related to the Judicial Branch of the Federation
As part of the implementation of the constitutional reform in judicial matters, published in the Official Gazette of the Federation on March 11, 2021, the Congress of the Union approved the laws and reforms aimed at reorganizing the structure and operation of the Judicial Branch of the Federation.
Reforms to the Tax Legislation on subcontracting matters
On April 23, 2021, a Decree was published in the Official Gazette of the Federation (“DOF”) amending, adding and repealing several provisions of the Federal Labor Law; the Social Security Law; the Law of the National Workers’ Housing Fund Institute; the Federal Tax Code (“CFF”); of the Income Tax Law (“LISR”); of the Value Added […]
Geolocation of Electronic Banking devices
On March 22, 2019, the Decree amending, adding and repealing several general provisions referred to in Article 115 of the Law of Credit Institutions (the “Decree”) was published in the Official Gazette of the Federation (“DOF”), which entered into force on March 23, 2021.
Constitutional Reform in Judicial Matters
As a result of the initiative presented by the President of the Supreme Court of Justice of the Nation to the President of the Republic, on March 11, 2021, the “Decree declaring the amendment and addition of various provisions of the Political Constitution of the United Mexican States, relating to the Judicial Power of the […]
Creation of the National Trade Facilitation Committee
On January 22, 2021, the Agreement creating, on a permanent basis, the National Trade Facilitation Committee (hereinafter the “Agreement”) was published in the Official Gazette of the Federation (“DOF”). The purpose of the creation of the National Trade Facilitation Committee (the “Committee”) is to facilitate coordination among the agencies, entities of the Federal Public Administration […]