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Business Alert: Mexico – An Open Door To Foreign Investment

June 24, 2021

With an open environment to foreign participation, a range of tax and other incentives are available in aerospace, food processing, renewable energy, pharmaceuticals and electronics. But the most significant incentive for foreign companies to do business in Mexico is the IMMEX Maquiladora (factories) initiative.

The programme allows foreign manufacturers to import raw materials and components into Mexico, tax and duty-free, under the condition that 100% of all finished goods will be exported out of Mexico within a government-mandated timeframe.