Mexico’s National Energy Strategies
During November 2024, the Mexican federal government has presented two national public policy strategies for the energy sector: National Strategy for the Electricity Sector Public Investment. To ensure reliability and continuity in the National Electric System, the strategy outlines a $23.4 billion investment plan by the Federal Electricity Commission (“CFE”) for the 2024-2030 period: $12.3 […]
Important Changes to Mexico’s General International Trade Rules Governing the Company Certification Program
On October 14, 2024, the Second Resolution of Amendments to the General International Trade Rules for 2024 (the “Rules”) was published in the Official Journal of the Federation. Below is a brief summary of the most relevant changes to the aforementioned Rules, particularly with regard to Registration in the Company Certification Program: • A new […]
Mexico’s Constitutional Amendment on Strategic Areas and Companies
Today, October 31, 2024, the Decree amending articles 25, 27, and 28 of Mexico’s Constitution (the “Constitution”) regarding strategic areas and companies (the “Constitutional Amendments”) was published in the Official Journal of the Federation, and will enter into force the day after publication. Changes provided by the Constitutional Amendments include: a) Substitute the concept of […]
Mexico Issues New Regulations on Electric Vehicle and Plug-in Hybrid Vehicle Charging.
On September 10, 2024, Regulation A/108/2024 was published in the Official Journal of the Federation, in which the Energy Regulatory Commission (“CRE”) announced the new General Administrative Provisions on Electromobility (“EV Regulations”). These new EV Regulations seek to regulate the orderly connection of charging infrastructure for electric vehicles (“EV”) and plug-in hybrid electric vehicles (“PHEV”) […]
Important Amendments to Annex 24 of Mexico’s General Rules for International Trade (Inventory Control System for the Business Certification Program)
On October 15, 2024, the Second Resolution of Amendments to the General Rules of International Trade for 2024 and Annexes 1, 2, 5 and 24 was published in the Official Journal of the Federation, through which important changes were made to the Company Certification Program (Esquema de Certificación de Empresas). Aside from opining on the […]
Mexico Enacts Amendments to Mexico City’s Tourism Law and Rules for Private Lodging Accommodations
On April 4, 2024, a decree was published in Mexico City’s Official Journal amending and adding numerous provisions of the local Mexico City Tourism Law (“Tourism Law”), which became effective the day after its publication (the “Amendment”). The main purpose of the Amendment to the Tourism Law is to regulate the services and platforms for […]
Mexico Enacts Major Amendments to its Constitution Affecting the Judicial Branch
An important decree that completely overhauls Mexico’s Judicial Branch by amending, supplementing and repealing more than 18 articles of the Political Constitution of the United Mexican States was published in the evening edition of the Official Journal of the Federation on Sunday, September 15, 2024 (the “Amendment”). The main changes to the Judicial Branch brought […]
Mexico Amends the “Decree Establishing Several Sectorial Promotion Programs”(Prosec Decree)
An amendment to the PROSEC Decree was published in the Official Journal of the Federation on August 26, 2024, and entered into force on August 27, 2024. The PROSEC is a program designed for companies that produce specific merchandise. It allows them to import various goods to deliver products with preferential general import duties. In […]
Mexico’s Taxpayer Ombudsman Announces Important Changes to Filing Procedures
The Mexican Taxpayer Ombudsman agency (“PRODECON” by its acronym in Spanish) has notified taxpayers that, to streamline and expedite the filing of Final Agreements and Complaints, as of September 1st, 2024, the only methods for filing of such Final Agreements and Complaints will be through the new Electronic System for the Receipt of Requests and […]
New General Agreement to regulate the permanent International Cargo Transportation Permit for United States of America and Canada carriers in Mexico (the “Agreement”), issued by the Department of Infrastructure, Communications and Transport (“SICT” for its Spanish acronym).
On July 31, 2024, the Agreement was published in the Federal Official Gazette and will be in effect the next day. The purpose of this Agreement is to substitute the original Agreement published in the Federal Official Gazette on July 7, 2011. In general, the new Agreement is very similar to its prior counterpart. As […]