Sat Tarjetas de Crédito



Credit Card Scrutiny and Immediate Invoicing on Bankcard Payments

Several news and information are spreading over the Internet about the scrutiny on credit cards    enforced by the SAT (Mexican Tax Administration System) on the use of credit cards, which has raised doubts and set alarms amongst taxpayers. It is true that SAT announced that starting 2020 taxpayers could be issued an immediate invoice when paying with […]



Analysis about the social security for maids in Mexico

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,[…]



Profit Sharing- A Guide for Companies

Profit Sharing or Employee Participation in Profit Sharing Payments (PTU in Spanish) is a constitutional right that all employees have in participating in their employer or company’s profits for the productive activity or services that they offer, in accordance to their taxable income. The Federal Bureau for the Defense of Labor (PROFEDET- Procuraduria Federal de la Defensa[…]



Terán Rojas y Asociados in The Good Morning Wake up Show

“The Good Morning Wake up Show”, is the first program of Radio Universidad de Guadalajara in Puerto Vallarta produced entirely English spoken, for involving foreign residents in the activities and events developed by the University of Guadalajara in Puerto Vallarta and Bahia de Banderas region. Michael Nolan the host, is originally from Texas, USA and has been living[…]

Money Laundering



Non-profit Organization Obliged to Follow Money Laundering Prevention Rules

To have a legal entity as a Non-profit Organization (NPO) dedicated to helping society and thus receiving donations, commonly known as a “donee”, carries a lot of fiscal responsibilities, and throughout our trajectory some important aspects have been mentioned on our website; but in this particular occasion we will focus on the legal issues regarding these kind[…]

Ley Antilavado



Amnesty on the Anti Money Laundering Law

One of the main problems that Mexican governments have faced in recent years has been the battle against the laundering of assets, and have implemented different strategies over such issue; since 2000, Mexico is a member of an intergovernmental organization known as FATF (Financial Action Task Force on Money Laundering), created in 1989 with the main objective[…]



Unfavorable monetary effect that affects certain real estate developers for the import of services

One of the sectors that immediately and significantly affect the economy of a region is the real estate sector, recently as binomial Puerto Vallarta-Riviera Nayarit, has maintained a broad growth in the sale of both land and properties intended for residential use. In addition, within this environment of globalization and the need to have avant-garde designs, ecologic and self-sustainable[…]



Entities in the preoperational stage

As an analogy with human life, the start-up stage in companies could be defined as the phase since its birth up to the moment when an individual is able to walk by himself. In companies, the start-up stage ends when the company begins to have recurrently income, meaning that it starts to operate and obtain resources in[…]



Which obligations does a person subject to the Anti Money Laundering Law have?

After determining if we are subjects to the Anti-Money Laundering Law, the next step is to understand that there are obligations that need to be complied with. Each vulnerable activity has different obligations, but there are obligations established in the Anti-Money Laundering Law that apply to all the subjects, which are the ones that we will learn about in this[…]