The incorporation procedure will last between 4 to 5 weeks but please consider the time you will take to provide all the necessary valid documents and power to us in correct form. The corporate bank account opening process will require 6- 8 weeks complete after incorporation. The above timeline is an approximation. However, best efforts will be exercised to work with the bank to see that the account is opened and processed as quickly as possible.
Located in the North American continent, the country of Mexico is bordered by the United States of America, Pacific Ocean, Gulf of Mexico, Caribbean Sea, Guatemala and Belize. One of the most important benefits of Mexico business registration is that the country boasts of profitable trade policies and further effectively links the South and North American consumer Economies. It is one of the most influential and highly diversified economies of the world with a significant number of investments in the private sector. Additionally, it has an unbiased tax and legal system that supports a foreign and local business indiscriminately. Lastly, company formation in Mexico is favourable mainly due to its complete foreign ownership policy. Below are the reasons why Mexico attracts a considerable amount of foreign direct investment.
It has free trade agreements with over 50 countries across the world.
Mexico has been on a reform path for a number of years, privatizing, deregulating, and cutting back the role of government.
It has taken measures such as strengthening laws, intensifying IP Protection rights and cross –border trade facilitation among others.
Opening a company in an emerging market is likely to get a business first-mover advantage, i.e., if a company is able to kick-start business in Mexico’s emerging economy early on, they shall be able to establish a niche in the market.
An emerging market allows for an immense access to new capital. As emerging economies become more developed, there is an increase in available capital, which businesses can grab to expand into yet another country.
Mexico boasts of a stable economy, which can be seen in its ability to stay stable even after the 2008 recession that some economies are still recovering from.