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| Mexicomatters, specializing in foreign investor representation | |||||||||||||||||||||||||||||||||||||||||||||||
| Foreign Owned Business in MexicoDoing Business in Mexico
Table of contentsHow to establish a Mexican Corporation Investing in Mexico Corporation / Foreign Investment in Mexico Advice for the small foreign investment in Mexico Marketing, Sales & Service in Mexico / The US science Mexico needs Baja Border a "fronteriza" Culture and Marketplace NAFTA - good deal or bad? for California, San Diego and Baja California The science of personnel services and organization developments growing in Mexico Small Foreign Owned Business Baja / Rupture of Baja Mexico Red Tape / Mexican Red Tape & Foreign Investment Consultant Secretaria de Economia, bringing Mexico into 21st Century Global Competitiveness
Most business activities in Mexico are unrestricted to foreign ownership. The minimum number of share holders is two and both can be foreigners, owning 100% of the company's shares and assets. Business activity exceptions are: petroleum, energy, transportation, banking and fishing. Within these activities, with the exception of petroleum, foreign investor participation is allowed; subject to Commerce Department limitations. Prior to 1993 Mexico, with some minor exceptions, excluded foreign investment in finance. Now, foreign banks can and do maintain majority shareholder interest in Mexican financial institutions. Biscaya - Bilbao, a Spanish bank, recently purchased Bancomer, one of Mexico's largest banks. Construction activities, until last year, were restricted to foreigners. As a result of NAFTA's timetable for inclusion, U.S. and Canadian contractors can now compete with Mexican firms after establishing a Mexican corporation. Another once restricted activity is agriculture. Now unrestricted, both small and large foreign growers, have created a boom in Baja produce shipped across the border and overseas. |
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