The agent must present an import requisition (issued by the Ministry of the Economy), as well as a commercial invoice, a bill of lading, an exemption permit, and a certificate establishing the origin of the goods so that the corresponding taxes and duties can be applied.
General import taxes depend on the tariff bracket in which the imported goods are classified, in conformity with the Tariff of the General Import and Export Taxes Law or the Mexican Tax Allowance Table proposed in the free trade treaties. For tax purposes, all Mexican importers must apply and be listed on the “Padrón de Importadores” maintained by the Secretariat of Finance and Public Credit (Hacienda).
Mexico has developed “Sectoral Promotion Programs” (PROSEC) that aims to reduce or eliminate tariffs on several sectors. The gradual elimination and reduction of import duties will conclude in 2013 and the tariff structure will have six basic rates: 0%, 5%, 7%, 10%, 15% and 20%.
In the case of medical devices and health care products, in addition to complying with applicable standards, foreign manufactured products need to have a legally appointed representative/distributor in Mexico and be registered with the Secretariat of Health.
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Last Updates: October 2014