For companies (Personas Morales).

The Constitution of the United Mexican States (Constitution) mention that Mexicans are required to contribute proportionately and equitably to cover public expenditure of the Federation, the Federal District and the State or municipality in which they reside.

Annual closing payment before March 31.

Mexico’s corporate tax rate is a flat 30%.

Mexico’s individual income tax rates range from 1.92% to 35%. Non-residents (those in Mexico on a work visa/permit) pay 15% to 30%.