OBJECTIVE
Businesses working in Mexico deal with complications concerning the regulatory demands of due dates for compliance and changes in the regulations that can come about at any moment. Any non-compliance can lead to fines, payments of interests, restrictions of the company’s activities, inspections of compliance and losses to reputation.
The compliance framework in Mexico is organized in accordance with the federal republic model, which divides the powers of the relevant governing bodies. The compliance needs of each specific business depend on several aspects like the physical location, type of business, quantity of the employees, and the key business processes.
The relatively important topics included in the Mexico Compliance Calendar pertaining to Taxation, Corporate law, Social Security, Labour Law, Environment, health and safety. The Calendar allows the companies to organize their requirements for compliance and to keep to the deadlines.
DISCLAIMER
- Regulatory filing dates are changed frequently by the concerned authorities
- The Reader / User should must do their own due diligence before relying on this data
Tax Administration Service (Servicio de Administración Tributaria (SAT))
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| Income Tax Law (https://www.diputados.gob.mx/LeyesBiblio/ref/lisr.htm) | ||||
| 1 | NA | Monthly Filing And Payment of Provisional Payment of Tax | Monthly | No Later Than the 17th Day of the Month Immediately Following the Month to which the Payment Corresponds |
| 2 | NA | Annual Filing And Payment Of Corporate Income Tax | Annually | Within Three Months Following the Date on Which the Fiscal Year Ends |
| 3 | NA | Submission of Records of Transactions With Related Parties | Annually | No Later Than May 15 Of The Year Immediately Following The End Of The Fiscal Year In Question |
| 4 | NA | Disclosure of Reportable Schemes to Tax Administration Service | Annually | In The Month of February of Each Year |
| 5 | NA | Monthly Payment Of Withholding Tax | Monthly | No Later Than The 17th Day Of The Following Month In Which Tax Was Deducted |
| 6 | NA | Annual Declaration of Integrated Tax Result Factor | Annually | Within 3 (three) months of closing of fiscal year |
| 7 | NA | Annual Display of Deferred Tax on Website | Annually | In the month of May of the year in question |
| 8 | NA | Intimate Tax Result or Loss to Integrating Company | Annually | Within 3 (three) months of the end of the fiscal year |
| 9 | NA | Submit Annual Fiscal Statement and Proof of Tax Payment to Members | Annually | No later than January 31 of each year |
| 10 | NA | Annual Reporting of Foreign Resident Loans and Financing Details | Annually | No later than February 15th of each year |
| 11 | NA | Annual Declaration for Business Trust Operations | Annually | No later than February 15th of each year |
| 12 | NA | Annual Filing of Master Related Party Information Statement of Multinational Enterprise Group and Country-by-Country Disclosure Statement | Annually | No later than December 31 of the year immediately following the fiscal year in question |
| 13 | NA | Annual Filing of Country-by-Country Disclosure Statement of Multinational Business Group | Annually | No later than May 15 of the year immediately following the fiscal year in question |
| 14 | NA | Monthly Withhold and Payment of Tax by Legal Entities Facilitating Sale of Goods Through Technological Platforms and Computer Applications | Monthly | No later than the 17th (Seventeenth) day of the month immediately following the month for which the withholding was made |
| 15 | NA | Issuance of Tax Receipts by Legal Entities Facilitating Sale of Goods Through Technological Platforms and Computer Applications | Monthly | No later than 5 (five) days after the month in which the withholding is carried out |
| 16 | NA | Provisional Payment of Tax for Obtaining Income Through Real Estate | Monthly | No Later Than the 17th Day of the Month Immediately Following the Month to which the Payment Corresponds |
| 17 | NA | Monthly Payment Of Withholding Tax | Monthly | No Later Than The 17th Day Of The Following Month In Which Tax Was Deducted |
| 18 | NA | Annual Filing and Payment of Income and Accounting Records Subject to Preferential Tax Regime | Annually | In February of Each Year |
| 19 | NA | Annual Submission of Information Regarding Maquila Operations | Annually | No Later Than June of The Year in Question |
| Value Added Tax Law (https://www.diputados.gob.mx/LeyesBiblio/ref/lisr.htm) | ||||
| 1 | NA | Monthly Filing And Payment of VAT Return | Monthly | No Later Than The 17th Day of The Month Following The Month To Which The Payment Corresponds |
| 2 | NA | Monthly Filing Of Information Return | Monthly | No Later Than The 17th Day of The Month Following The Month To Which The Information Corresponds |
| 3 | NA | Submission of Information on Digital Services by Service Providers Residing Abroad | Monthly | No Later than the 17th (Seventeenth) Day of the Month Immediately Following the Month to Which the Information Corresponds |
| 4 | NA | Payment and Submission of Value Added Tax by Service Providers Residing Abroad | Monthly | No Later than the 17th (Seventeenth) Day of the Following Month in Question |
| 5 | NA | Declaration of Value Added Tax Withheld by Service Providers Residing Abroad | Monthly | No Later than the 17th (Seventeenth) of the Month Following the One in Which it was Carried Out |
| 6 | NA | Issuance of Digital Tax Receipt for Withholdings and Payment Information by Service Providers Residing Abroad to Natural Person | Monthly | No Later Than 5 (five) Days After the Month in Which the Withholding was Made |
| 7 | NA | Submission of Client Information by Digital Service Providers Residing Abroad Acting as Intermediaries | Monthly | No Later than the 10th (Tenth) of the Following Month |
| 8 | NA | Issuance of Tax Receipts for Tax Withholdings Made | Monthly | No Later than the 17th (Seventeenth) Day of the Month Immediately Following the Month to which Said Information Corresponds |
HUMAN RESOURCE
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| Federal Labour Law (https://www.diputados.gob.mx/LeyesBiblio/pdf/LFT.pdf) | ||||
| 1 | NA | Obligation Regarding Annual Christmas Bonus | Annually | Before 20th (Twenty) December Every Year |
| 2 | NA | Intimation of Training Certificates to Authority | Annually | Within Sixty Business Days after the end of each year of the Training, Instruction and Productivity Plans |
EXCHANGE CONTROL
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| Foreign Investment law (https://www.diputados.gob.mx/LeyesBiblio/pdf/LIE.pdf) | ||||
| 1 | Form FF-SE-02-005-A, Form FF-SE-02-005-B | Quarterly Submission of Update Notices | Quarterly | Within 10 (Ten) Business Days Following the End of the Quarter |
| 2 | Form FF-SE-02-004-A, Form FF-SE-02-004-B | Submission of Annual Economic Report and Renewal Certificate for Entities with Name Beginning A to J | Quarterly | Within 10 (Ten) Business Days Following the End of the Quarter |
| 3 | Form FF-SE-02-004-A, Form FF-SE-02-004-B | Submission of Annual Economic Report and Renewal Certificate for Entities with Name Beginning K to Z | Annually | Annually in May of Each Year |
SOCIAL SECURITY
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| Social Security Law (https://www.diputados.gob.mx/LeyesBiblio/pdf/LSS.pdf/) | ||||
| 1 | NA | Contribution Payment to Institute | Monthly | No Later than the 17 (Seventeenth) day of the following month |
| Law on National Housing Fund Institute for the Workers (https://www.diputados.gob.mx/LeyesBiblio/pdf/LIFNVT.pdf) | ||||
| 1 | NA | Payment of Contribution Amount to Authority | Monthly | Not Later than the 17th (Seventeenth) Day of the Following Month to Which the Payment Corresponds |
| 2 | NA | Intimations by Sub-Contractors Related to Contract Information | Quarterly | 17th (Seventeenth) of January, May, and September |
Administrative
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| General Law on Civil Protection (https://www.diputados.gob.mx/LeyesBiblio/pdf/LGPC.pdf) | ||||
| 1 | NA | Annual Report of Activities in Preceding Year by Volunteer Groups | Annually | First 30 (Thirty) calendar days of each year |
ENVIRONMENT, HEALTH AND SAFETY
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| General Law of Ecological Balance and Environment Protection (https://www.diputados.gob.mx/LeyesBiblio/pdf/LGEEPA.pdf) | ||||
| 1 | NA | Obligation of Annual Operation Certificate Submission | Annually | 30th June Every Year |
| 2 | NA | Request Tourist Service Authorization in Protected Natural Areas | Annually | April to September each year |
| General Law for the Prevention and Integral Management of Waste (https://www.diputados.gob.mx/LeyesBiblio/pdf/LGPGIR.pdf) | ||||
| 1 | NA | Submission of Annual Report on Generation and Management of Hazardous Waste | Annually | 30th June Every Year |
EXIM
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| Customs Law (https://www.sec.gov.ph/#gsc.tab=0) | ||||
| 1 | NA | Submission of Customs Declaration for Exports and Imports Through Means of Pipelines or Cables | Monthly | No Later Than The Sixth Day of the Calendar Month Following the Month in Question |
CORPORATE
| S.NO. | Particular | Compliance Description | Frequency | Filing Dates |
|---|---|---|---|---|
| General Law of Commercial Companies (https://www.diputados.gob.mx/LeyesBiblio/pdf/LGSM.pdf) | ||||
| 1 | NA | Convene Ordinary Assembly | Annually | Within 4 (Four) Months Following the Closing of the Fiscal Year |
BEYOND COMPLIANCE CALENDAR
Our Compliance calendars helps you track filing dates, but it’s not the most effective way to know and remember your obligations across spectrum of laws.
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Disclaimer
The information provided in this article is intended for general informational purposes only and should not be construed as legal advice. The content of this article is not intended to create and receipt of it does not constitute any relationship. Readers should not act upon this information without seeking professional legal counsel.
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