The current economic context and nearshoring have favored foreign investment (FDI) in Mexico, especially in manufacturing, assembly, and distribution processes. These facts have favored the growth of the Manufacturing, Maquiladora and Export Services Industry (IMMEX, by its initials in Spanish) programs; in fact, imports from these companies represent 43% of total imports, which demonstrates the confidence of foreign companies in the Mexican market.
In the first four months of 2023, the IMMEX program has a total of 12,750 production plants throughout the country, which translates into jobs and economic growth in the regions where they are located.
The IMMEX program aims to expand the Mexican economy by allowing foreign companies to enter a competitive environment. At the same time, it seeks to modernize Mexico’s infrastructure by importing new technologies and knowledge that will generate more jobs and cash flow.
The IMMEX Program was created with the mission of strengthening and increasing the competitiveness of the export sector established in Mexico through, among other things, the reduction of fiscal and administrative burdens, modernization, streamlining, and reduction of procedures.
This program allows you to make temporary imports of goods with productive processes and/or services to export goods or provide export services with multiple benefits, among which are:
The manufacturing companies located in the Mexican territory and/or export service providers that meet the requirements of the program. They can be of the following types:
It is necessary to take into account the products that are considered sensitive in Annex II of the IMMEX Decree and Annex 3.3.2 of the Rules Agreement of the Ministry of Economy.
Situated just minutes away from your client’s production line, our warehouses offer unparalleled convenience. Say goodbye to import taxes, as ILS IMMEX Warehouses Network provides a seamless experience for businesses operating within or outside Mexico.