Last Updated: June 23, 2025
Mexico is the world’s 15th largest economy, and also LATAM’s second-largest, offering access to both North and South American markets. The nation has a skilled, bilingual workforce, with key growth sectors in renewable energy, manufacturing (especially automotive and aerospace), technology, and tourism. Its manufacturing sector has grown dramatically over the past two decades positioning Mexico as a global hub.
Capital City
Mexico City
Language
Spanish
Currency
Mexican Peso (MXN)
Business Hubs
Mexico City, Guadalajara, Monterrey, Querétaro
Unlock growth opportunities in the Mexico with Cerity Global as your trusted partner. We offer end-to-end support for establishing your legal entity, navigating the Mexico’s often complex regulatory landscape with clarity and efficiency.
From company registration to ongoing back-office support, including HR, payroll, benefits, accounting, tax and compliance, Cerity Global simplifies the process so you can focus on growing your business.
Need to hire quickly before your entity is set up? We offer interim EOR services in the Mexico, enabling you to onboard talent fast. Once your entity is established, we ensure a smooth transition of your employees from the EOR structure to your own legal entity, without disrupting payroll or compliance.
Scale confidently and compliantly with our experts and stay in compliance with Mexico employment and tax laws.
Similar to a US Corporation, S.A. is an entity with unlimited number of shareholders. Earnings are taxed at a corporate level and, as a result, shareholders only pay tax on dividends, they don’t have any personal liability. It is suitable for medium to large businesses.
A Sociedad de Responsabilidad Limitada (S. de R.L.) is similar to a US LLC allows up to 50 shareholders, none of whom are personally liable for company debts. Earnings are taxed at the corporate level, and shareholders are taxed only on distributed dividends. This structure works best for small to medium-sized businesses
A S.A.P.I is similar to a S.A., and is regulated under the Stock Markets Law (Ley del Mercado de Valores) and offers flexibility, especially in the possibility to adopt the administration regime of a public company and acquiring its own shares.
Either a sole administrator or a board of directors is required. At least one legal representative must reside in Mexico and possess a valid RFC.
Either a sole manager or a board of managers is required. At least one legal representative must reside in Mexico and possess a valid Mexican tax ID (RFC).
A board of directors is required.
In Mexico, a corporate bank account can only be opened after legal entity incorporation and RFC issuance. Banks require in-person signings. However, enhanced due diligence may extend timelines for foreign shareholders. The accounts can be in MXN and/or USD, with CLABE standard for transactions.
Cerity Global supports companies in their global expansion plans and helps in legal entity setup, registration and ongoing support services. With us, you can quickly set up a legal entity, operate compliantly, and expand globally. The process typically takes a few days to a week, depending on the bank.
Reasons you should setup legal entity in Mexico:
Cerity Global ensures your business expansion in Mexico is fast, compliant, and future-ready, so you can focus on growth while we manage the back-office tasks.
Economic figures are subject to change based on quarterly reports and market conditions.
Cerity Global combines deep local knowledge with proven expertise to make your Mexico business establishment effortless and compliant. Whether you’re looking for legal entity setup and registration or ongoing support, we’re your trusted partner for sustainable global expansion in Mexico.
Disclaimer – The information provided is for informational purposes only and does not constitute legal, business, or tax advice. Entity setup requirements, tax rates, and economic data are subject to change and may vary by location. Cerity Global disclaims any liability concerning the accuracy, completeness, or currency of this information.
To discuss your needs and how we can help you achieve a compliant and efficient expansion.