Mexico

Why Mexico

• Inside North American supply chainsMexico is the largest trading partner of the United States, so a Mexican base puts you close to US buyers and their suppliers.
• Investment keeps arrivingForeign direct investment reached a record US$40.9 billion in 2025, which keeps corporates and industrial parks busy buying technology.
• Large fintech marketMore than 1,100 fintech startups operate in Mexico under a dedicated Fintech Law in force since 2018.

Source: US Census Bureau · US Commercial Service, Mexico fintech

Priority sectors

Source: Secretaría de Economía, Ventanilla Única

How companies enter

1. Step 1Soft landingA first trip with meetings booked in Mexico City, Monterrey or Guadalajara to test interest and meet partners.
2. Step 2PilotA paid pilot with a Mexican client or partner, often still billed from home.
3. Step 3Local companyA Mexican company set up before a notary, registered with SAT for its tax ID (RFC) and with the foreign investment registry (RNIE), once there is revenue or a team to hire.

Mexico has no startup visa: to work there, a founder or hire needs a Mexican employer (often your own local company) to request authorisation from the National Immigration Institute (INM), and the visa is then issued at a Mexican consulate.

Source: Consulate of Mexico, work permits · Secretaría de Economía, Ventanilla Única

Costs to plan for

• Company setup before a notary and registration of the foreign investment (RNIE)
• Tax registration with SAT, accounting and monthly filings
• Employer registration with IMSS and social security contributions
• Salaries and office space, which vary a lot from city to city

Source: PwC Tax Summaries, Mexico · Secretaría de Economía, Ventanilla Única

Who can help