Co-Production International Inc. Blog & News

Mexico's Federal Labor Law (LFT) recognizes a fundamental right for workers: the ability to rest in a chair with a backrest during their workday. This reform was approved on December 4, 2024, concluding its legislative process. It now awaits publication in the Official Gazette of the Federation (DOF) to take effect. However, the implementation of this law will not be immediate, as it includes a transition period to allow companies to adapt to the new provisions.

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The2023, the global auto parts industry was led by China with a production value of $500 billion, followed by the United States at $286 billion, Japan at $180 billion, and Mexico at $120 billion.

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The phenomenon of nearshoring has marked a turning point in Mexico’s economy, not only for its impact on the manufacturing industry in Mexico but also for the opportunities it creates for the tech startup ecosystem.

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In the world of international trade, understanding customs duties and tax obligations is a critical step for businesses aiming to move goods between Mexico and the United States. A duty analysis serves as a roadmap, enabling companies to navigate the complexities of cross-border trade effectively. For businesses considering nearshoring operations or expanding their supply chain into Mexico, a comprehensive duty analysis is indispensable.

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