|Local Time (LIVE):||6:19 PM|
|Local Currency:||$1 = MX$19.01|
|Business Language(s):||Spanish, English|
|Tax Year Dates:||1st January – 31st December|
Looking to expand your business to Mexico? With its stable economy predicted to be the 5th largest in the world by 2020 and its large market, it’s the ideal place to grow your business. There are more free trade agreements here than any other country in the world, with retail, manufacturing and housing being the 3 most important business sectors. The majority of jobs are in the capital, Mexico City, which is the base for most international companies.
However, expansion doesn’t come without its complications. Ensuring your payroll and HR remains compliant with Mexican legislation and employment law is vital, and it can be confusing to get it right, especially when you’re dealing with the important day to day. That’s where FMP Global come in.