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HSBC Doing business in Mexico

HSBC Doing business in Mexico

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Contents<br />

Executive summary 4<br />

Foreword 6<br />

Introduction – <strong>Do<strong>in</strong>g</strong> <strong>bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>Mexico</strong> 8<br />

Conduct<strong>in</strong>g <strong>bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>Mexico</strong> 12<br />

Taxation <strong>in</strong> <strong>Mexico</strong> 18<br />

Audit and accountancy 24<br />

Human Resources and Employment Law 26<br />

Trade 30<br />

Bank<strong>in</strong>g <strong>in</strong> <strong>Mexico</strong> 32<br />

<strong>HSBC</strong> <strong>in</strong> <strong>Mexico</strong> 34<br />

Country overview 36<br />

Contacts 38<br />

Disclaimer<br />

This document is issued by <strong>HSBC</strong><br />

<strong>Mexico</strong> (the ‘bank’) <strong>in</strong> <strong>Mexico</strong>.<br />

It is not <strong>in</strong>tended as an offer or<br />

solicitation for <strong>bus<strong>in</strong>ess</strong> to anyone<br />

<strong>in</strong> any jurisdiction. It is not <strong>in</strong>tended<br />

for distribution to anyone located<br />

<strong>in</strong> or resident <strong>in</strong> jurisdictions which<br />

restrict the distribution of this<br />

document. It shall not be copied,<br />

reproduced, transmitted or further<br />

distributed by any recipient.<br />

The <strong>in</strong>formation conta<strong>in</strong>ed <strong>in</strong><br />

this document is of a general<br />

nature only. It is not meant to<br />

be comprehensive and does not<br />

constitute f<strong>in</strong>ancial, legal, tax or<br />

other professional advice. You<br />

should not act upon the <strong>in</strong>formation<br />

conta<strong>in</strong>ed <strong>in</strong> this publication without<br />

obta<strong>in</strong><strong>in</strong>g specific professional<br />

advice. This document is produced<br />

by the Bank together with<br />

PricewaterhouseCoopers<br />

(‘PwC’). Whilst every care has<br />

been taken <strong>in</strong> prepar<strong>in</strong>g this<br />

document, neither the Bank<br />

nor PwC makes any guarantee,<br />

representation or warranty<br />

(express or implied) as to its<br />

accuracy or completeness, and<br />

under no circumstances will the<br />

Bank or PwC be liable for any<br />

loss caused by reliance on any<br />

op<strong>in</strong>ion or statement made <strong>in</strong> this<br />

document. Except as specifically<br />

<strong>in</strong>dicated, the expressions of op<strong>in</strong>ion<br />

are those of the Bank and/or PwC<br />

only and are subject to change<br />

without notice.<br />

The materials conta<strong>in</strong>ed <strong>in</strong> this<br />

publication were assembled<br />

<strong>in</strong> November 2011 and were<br />

based on the law enforceable and<br />

<strong>in</strong>formation available at that time.

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