Navigate the Mexican Tax Environment with IBG Legal
IBG Legal's team of accounting and finance professionals is committed to helping you understand the complexities of the Mexican tax system. We guide you through the registration, administration, and compliance processes to ensure your business operates without any legal issues or penalties.
Our tax support services include:
Tax and mediation procedures
Registration in the Federal Taxpayer Registry
Procedures with the Ministry of Finance and Public Credit (SHCP) and the Tax Administration System (SAT)
Advice on preparing and filing reports under the Foreign Investment Law (FIA) and its regulations
Personal and commercial accounting services
Taxes in Real Estate Transactions:
When purchasing real estate, both the buyer and seller are subject to taxes. Real Estate Acquisition Tax (ISABI) applies to the buyer, while Income Tax (ISR) applies to the seller. Foreigners purchasing real estate in Mexico must adhere to these same regulations.
As part of the transaction process, sellers may be exempt from or pay ISR, while buyers are responsible for ISABI, duties, fees, notary expenses, and other related costs. Trust IBG Legal to expertly navigate the Mexican tax environment and protect your financial interests.