Mexico

Mexico

Resolution updates criteria for establishment of foreign companies

26 Mar 2020

On 26 March 2020, the General Resolution, which establishes the "Criteria for the Application of Article 17 of the Mexican Foreign Investment Law in relation to the Establishment of Foreign Companies in Mexico", was enacted. It updates the criteria established in article 17 of the Foreign Investment Law for foreign companies to perform commercial activities in Mexico, eliminating the need for companies from an amplified list of countries to obtain an authorization from the Ministry of Economy.