Starting a Business in Mexico: Options and Considerations for Foreign Entrepreneurs

Are you a foreign entrepreneur or freelancer considering starting a business in Mexico? In this video, we dive into the complexities of opening a business or launching a new company in Mexico for individuals who want to be active members of Mexican society. We discuss the different legal entity types available, such as Sociedades Mercantiles (LLC equivalent) and provide insights into the most common types of entities used by small business owners and online entrepreneurs. We also outline the requirements for opening a business as a non-resident and the advantages of using an existing overseas entity. Additionally, we cover the importance of compliance with local regulations and labor laws, as well as the taxation considerations for different business sizes. Join us as we demystify the process of starting a business in Mexico and provide valuable guidance for foreign entrepreneurs.