HSBC Doing business in Mexico
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.