Monthly Archives: September 2024

Reminder: REPSE RENEWAL – 2024

In order to comply with regulations regarding subcontracting of specialized services, the Ministry of Labor and Social Security (STPS) implemented as of May 25, 2021 the Registry of Providers of Specialized Services or Works (REPSE) as a requirement for those individuals and entities providing said services. The REPSE will be valid for 3 years from […]

SANCTIONS FOR FAILING TO IDENTIFY CONTROLLING BENEFICIARIES

As of January 1st, 2022, all companies and trusts with residence in Mexico must identify and collect information from their Controlling Beneficiaries through the preparation of a File including a comprehensive description of the internal procedures and mechanisms followed for their identification which is deemed part of the accounting records and therefore, must be available […]