Commercial Arbitration. Recent Decision from the Mexican Supreme Court of Justice Regarding the Constitutionality of Prohibiting a Judicial Review of the Merits of an Arbitration Award

On December 9th, 2022, two binding case law decisions were published by the First Chamber of the Mexican Supreme Court of Justice, under numbers 1a. XXXII/2022 (10a.) and 1a. XXX/2022 (10a.), confirming the constitutionality of articles 1457, section I, paragraph b), and 1434 of the Commercial Code, as they refer to the violation of the […]

The Xochitl Phenomenon

From now until the end of 2024, the central issue in Mexico will be politics. On June 2, 2024, elections will be held in Mexico. It is expected that 98 million voters will vote on the next president of Mexico, 500 Representatives and 128 Senators who will form the Mexican federal Congress, in addition to […]

Mexico Emerges from China: Nearshoring

In baseball, pinch hitters serve an important role because they often decide the outcome of games. Within international economic politics, there are certain emerging countries. Mexico is an emerging country owing to the increase in the size of its financial market, the number of free trade agreements it has concluded – highlighted by the USMCA […]

Strengthening Relations between Mexico and the United States

The North American Leaders’ Summit is somewhat of a formality, involving the meeting of the presidents of Mexico and the United States and the prime minister of Canada. Such meeting was held recently in Mexico City, where the leaders demonstrated a spirit of cooperation and mutual understanding. However, diplomacy is not only good manners and […]

Mexico Amends the General Law of Business Associations to Allow Remote Meetings

On October 20, 2023, a decree containing amendments to the General Law of Business Associations (“LGSM” per its acronym in Spanish) was published in the Official Journal of the Federation. Amendments to various articles of the LGSM recognize the validity of using electronic, optical and other technologies to convene meetings of partners and shareholders, and […]

New Decree Granting Tax Incentives to Promote Investment in Mexico

On October 11, 2023, the “Decree granting tax incentives to key sectors of the export industry consisting of the immediate deduction of the investment in new fixed assets and the additional deduction of training expenses” was published in the Official Gazette of the Federation. The Decree entered into force as of its publication, with the […]

New Decision Cancels Mexican Value Added Tax Withholding Obligations in V5 IMMEX Transactions

Rule 3.8.9 of the General International Trade Rules for fiscal years 2012 to 2015 (currently Rule 7.3.3 of the General Foreign Trade Rules for 2023) enabled parties to carry out operations through code “V5” customs declarations “pedimentos” by companies with authorized IMMEX programs and certifications. Such operations feature transfers of temporarily imported goods from an […]

Political Thermometer

The 2023 elections that will take place in the State of Mexico and Coahuila will be a prelude to what may happen in 2024’s presidential election. The State of Mexico is one of the most important federal entities in the country, if not the state that occupies the top spot. It has the largest population […]

ILO’s Convention 190: Combating Violence and Harassment in the Workplace

Convention 190 of the International Labour Organization (ILO) is the first international treaty specifically addressing violence and harassment. It was adopted in 2019 and entered into effect in 2021. The Convention defines violence and harassment as “a range of unacceptable behaviors and practices, or make threats of such behaviors and practices, whether such are performed […]

Play Video