Changes FDI approval requirements
12 May 2016
On 12 May 2016, the amount of the aggregate assets’ value referred to in the article 9 of the Foreign Investment Law was amended. This article states that a favorable resolution from the National Commission of Foreign Investments is required for foreign investors to hold, directly or indirectly, a percentage higher than 49% of the capital stock of Mexican companies when the aggregate assets’ value of such companies at the date of acquisition exceeds the annually determined amount by such Commission. In 2015, the amount determined was MXN 3,810,816,212.47, now it was set to MXN 4,005,167,839.31.
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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