February 4, 2023

Volume XIII, Number 35

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February 03, 2023

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IMMEX Highlights – Upcoming Deadlines

We hereby remind you of the following reporting obligations that must be complied by Mexican IMMEX companies during April and May.

IMMEX companies must electronically submit before the Mexican Ministry of Economy, an Annual Operations Report informing of their total amount of sales and exportations for the immediately preceding tax year (in Mexico fiscal years run from January to December), no later than the last business day of May.

Failure to comply with the filing of the Annual Operations Report will lead to the suspension of the benefits of the IMMEX Program. IMMEX companies are allowed to file the Report on an extemporary basis no later than the last business day of August, so the IMMEX Program is not definitively cancelled which will imply permanently losing its benefits.

For IMMEX companies that also are authorized under the PROSEC program by the Mexican government, the deadline to file their Annual Operations Report is the last business day of April rather than the last business day of May.

Program(s)

Deadline

IMMEX

May 31, 2022

PROSEC

April 30, 2022

IMMEX + PROSEC

April 30, 2022

© 2023 Foley & Lardner LLPNational Law Review, Volume XII, Number 102
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About this Author

Marcos Carrasco Menchaca International Trade Attorney
Partner

Marcos Carrasco-Menchaca provides advisory and consulting services related to international trade compliance, customs, free trade agreements, customs litigation and taxation on foreign trade, as well as rendering services in international business transactions and administrative litigation.

Marcos has broad experience in advising the implementation of governmental exportation programs, such as the registration of companies in the Mexican Maquila Program (IMMEX), VAT certification, Sectorial Promotion Programs (PROSEC) and Drawback, among others.

A recognized international...

52 55 5284 8546
Alejandro Nemo Gomez Strozzi, Foley Lardner Law Firm, Mexico, Corporate Law Attorney
Partner

Alejandro Gómez-Strozzi focuses his practice on providing advisory and consulting services related to international trade compliance, antidumping, customs, foreign trade and Mexican administrative law.

As a top international trade lawyer, he has advised major multinational companies in the automotive, steel and consumer products sectors. He provides advice regarding available foreign trade programs, tax implications of foreign trade operations, implementation of free trade agreements entered into by Mexico, customs procedures, trade compliance...

5255-5284-8561
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