The benefits of doing business in Mexico

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Hola everyone!

This is Augusto Corallo from TCF Mexico.

In this opportunity I would like to discuss further benefits of doing business in Mexico. Mexico had a reputation as a difficult place to start a new business, due in part to the complexity of the process. Thanks to effective action from the country’s political and business leaders that perception has been changed. Mexico now ranks a very competitive 36th in the world for ease of starting a business.

Despite of significant strides have been made in this area, there are still tricky procedures to master. For example, obtaining the Certificate of Employer at Immigration Office may prove difficult for some new business owners and investors to navigate as well as

In an effort to make the country more appealing for outside investment, Mexico has made considerable progress in upgrading its infrastructure, The Mexican transportation, energy and telecommunications sectors have become globally competitive, thanks in part to government efforts.

These investments have paid off for Mexico, which is now ranked as the world’s 13th largest economy, and the 11th largest in terms of purchasing power. The country’s well-established financial sector is also a positive when it comes to securing credit, though this process is still more difficult than in most developed nations.

 

 

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