What are my obligations regarding employee vacation? What are the benefits of my employees taking vacation time? What happens if I do not grant vacation time to my employees? According to the World Policy Analysis Center and the OECD (Organization for Economic Cooperation and Development), Mexico is ranked as the country with the fewest paid vacation days […]
One of the most relevant issues for foreigners offering lodging services in Mexico has been the compliance with the legal provisions that ensure the protection of workers’ rights. It is essential to mention that, in recent years, the essence of labor relations in the lodging services sector has been distorted due to unfamiliarity with the laws, inaccuracy,[…]
2021 FISCAL REFORM On December 8th, 2020, the Decree reforming, adding, or abrogating certain provisions of the Income Tax Law (ITL), Value Added Tax Law (VATL) and the Federation Fiscal Code (FFC) were published in the Official Journal of the Federation. The main objective of the tax reform is to expand the rights of the tax authorities, including new control measures related to[…]
In Mexico, the life expectancy of businesses depends on the size of the company, according to INEGI, companies with an average of 0 to 2 workers die before the seventh year, while companies with 11 to 15 workers last. up to 15 years. Why? This is mostly because companies that are staffed or are larger, invest in[…]
The COVID-19 pandemic has hit humanity in different ways, since it has not only made our disease sick, but also our economy severely. On June 19, through the SAT page, we learned that this unfortunate disease has reached the CFDI since the authority issues rule 3.10.32 indicating that civil organizations and trusts authorized to receive deductible donations,[…]
The partners and shareholders are required to register with the RFC and provide related information with your identity, address, tax address, telephone, email and request the advanced electronic signature certificate for the creation of a moral person in Mexico. Although the previous ones are obligations of partners and shareholders legal entities should record in the partners and[…]
Unfortunately, the Mexican labor laws protect the worker excessively and the employer must prevent himself using the elements that the law gives him to defend himself if any worker acts unethically or is ill-advised and seeks to harm him through an erroneous application. of the laws. It’s a key piece that when a worker is hired, an[…]
At Terán Rojas & Associates we are aware that businesses should always be prepared for constant change. Today, MORE THAN EVER, due to the growing uncertainty on the impact of COVID-19, we considered fundamental to design a CONTINGENCY AND RISK MANAGEMENT PLAN, in order to reinforce the capacity to adapt to the ever-changing and unsteady market conditions,[…]
DEAR CLIENTS In our company, Terán Rojas & Associates, our customers, collaborators and business partners are a priority. Therefore faced with the large-scale problem and human impact facing global, we have been planning and working to ensure continuity of service. Terán Rojas & Associates will operate remotely, effective 03/21 thru 3/25. All the employees will be working[…]
Analysis about the social security for maids in Mexico Which obligations will I have as an employer with the incorporation of maids into the social security program that provides IMSS (Mexican Institute of Social Security) to them? On July 2nd, 2019, the Mexican government published an article about the regulations regarding the hiring of maids,[…]