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Independent Corporation
Seamless Expansion: How CPI's Independent Corporation Program Paves the Way in Mexico
For manufacturers interested in doing business in Mexico, CPI’s Independent Corporation Program allows the manufacturing company to set up its own Mexican entity. Upon the setup of the Mexican entity, CPI obtains all of the necessary federal, state and local permits required with the appropriate Mexican regulatory agencies, ensuring compliance including the IVA Certification.
Whereas CPI’s Shelter Company Program insulates your company from financial and legal exposure while operating in Mexico, the Independent Corporation gives your company full, legal ownership of the Mexican entity. This establishes your company in México similar to an LLC or corporation in the United States.
The time-frame for the setup of the Mexican entity can take 2 months and then the requirements must be met to become an IVA Certified Mexican Entity, preventing an immediate start up if the tax exemption is desired. These details are not left to you alone, CPI is there to support you every step of the way with CPI’s referred attorney or your attorney of preference.