Mexican Accounting and Tax Compliance Services

Part of Shelter Program

A Shelter is a legal and logistical solution that allows the manufacturers to benefit from Mexico’s cost-saving opportunities. The services provided as part of the Tecma Shelter:

Our accounting services help you to navigate the Mexican tax system. We facilitate the preparation of audited financial statement reports and accounting records that are compliant with federal tax obligations.

We eliminate your risk of non-compliance

Arturo Garcia
Finance Director

While fully understanding and addressing the intricacies of Mexican tax accounting requirements for manufacturers can be daunting for executives with production operations in Mexico.

Smart companies can circumnavigate this risk by hiring Tecma to handle tax administration and fiscal compliance management on their behalf. Under the shelter program, we will handle your social security contributions, housing fund obligations, payroll taxes, and value-added tax (VAT) administration and refund recovery.

Prevent costly fines and sanctions

Governmental organs such as Mexican Social Security, SEMARNAT (Mexico’s counterpart to the EPA), and Mexican Customs impose costly penalties on companies that violate rules and regulations. Tecma’s experts work diligently to ensure that you avoid fines and sanctions.
Reduce organizational risks

Using Tecma’s compliance services to avoid legal troubles that can cost your company millions of dollars will reduce your risks. Funds that are saved through compliance with Mexican rules and regulations are funds that can be used for productive purposes.
Enhance your reputation with regulators

Your strict adherence to the many, and sometimes complex, rules and regulations required to conduct manufacturing operations in Mexico will demonstrate to government officials that your company is worthy of trust. In Mexico, such manufacturers enjoy special benefits and privileges.
Lower costs and increase productivity

Tecma’s well-designed compliance programs will ultimately save your company money, create a more productive and healthier working environment for your employees, and result in better outcomes when government agency compliance audits and reviews are performed.

Part of Shelter Program

A Shelter is a legal and logistical solution that allows the manufacturers to benefit from Mexico’s cost-saving opportunities. The services provided as part of the Tecma Shelter:

Tecma provides a complete and professional fiscal solution for manufacturers

Mexican tax compliance: You can be confident and certain that your company will follow all the rules and regulations prescribed by the Mexican Tax Administration Service (SAT). Our proven accounting services minimize the risk related to tax and payroll audits.
Financial reporting: Tecma prepares all billing and reporting methods that are customized to correspond to your unique chart of accounts. We generate monthly accounting reports in both US Dollars and Mexican Pesos.
Payment and recovery of value-added tax (VAT): Mexico charges VAT on your company’s expenses. Tecma expertly files the paperwork to get you a timely and complete refund, as well as exemptions of VAT on temporary imports.
Tax and payroll audit: Manufacturers meeting certain size criteria file an annual tax and payroll audit by the end of June of each fiscal year. Tecma prepares this report according to International Financial Reporting Standards (IFRS).
Preparation of financial statements: Tecma compiles financial information related to clients’ manufacturing operations. This information represents a strategic asset that can be used to guide the allocation of company resources.

Are you considering moving your manufacturing to Mexico?

50%

Average client savings

30-90

Days required  to start

$2.5

Average manufacturing wage in Mexico

We can help with accounting compliance, site selection, and more.

LEARN HOW MUCH YOU CAN SAVE

Just what is a Mexican Shelter for Manufacturers?

E.g.

Perhaps you have a robust manufacturing operation in the US, but want to move manufacturing to Mexico to reduce costs. Opening a factory in a foreign country is layered in bureaucratic complexities, liabilities, and logistics hassle.

A shelter is a legal structure already established in Mexico under which you can operate as a division. This allows you to focus only on core functions while the shelter company handles everything from tax compliance to import/export to accounting and HR.