December 2024 General Minimum Wage. The National Minimum Wage Commission (CONASAMI) approved the increases to the minimum wage of Mexican workers and those corresponding to 61 professions, occupations and special jobs for 2025. As of January 1st, 2025, the new general minimum wage will be $278.90 (two hundred seventy-eight pesos 80/100 Mexican Currency) per daily […]
15
Oct
Oct
On June 8, 2024, the reform to the General Law to Prevent, Punish and Eradicate the Crimes of Human Trafficking and for the Protection and Assistance to the Victims of these Crimes (the “Law”) came into effect as published on June 7, 2024, in the Official Gazette of the Federation. Article 21 of the aforementioned […]
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Reminder: REPSE RENEWAL – 2024
23
Sep
Sep
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 […]
23
Sep
Sep
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 […]
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