Resolution changes authorization requirement for foreign companies
08 May 2020
On 8 May 2020, the Third General Resolution was enacted, changing article 9 of the Foreign Investment Law. In accordance with this Resolution, authorization from the National Foreign Investment Commission (CNIE in Spanish) will only be required for Mexican companies that have a foreign investment share higher than 49 per cent of their capital, when the total value of the entity's assets exceeds the amount of $ 20,184,671,346.26 at the time of application.
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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