Administrative factors such as the corporate tax rate, the number of tax payments and the cost of personnel layoff have an impact in a company’s operational costs and profit. Mexico presents relevant advantages in these factors which translate into a business’s bottom line.
In fiscal matters, Mexico has significant savings compared with India, China and Brazil. Companies with productive activities in China could benefit with a 15.2% tax rate reduction by transferring operations to Mexico.
Additionally, Mexico requires only six tax payments per year, ranking above countries such as Brazil, USA and India.