Location, Location, Location
Make Mexico your new base.
Mexico’s USD1.3 trillion economy is the second-largest in Latin America and the 15th-largest in the world. Mexico ranked number one among U.S. trading partners in 2019 with a bilateral trade value of USD614.5 billion as well as USD144 billion in bilateral, reciprocal foreign direct investment (FDI), and it is the first or second-largest export destination for the business communities of 27 U.S. states.
The US-China trade war has vaulted Mexico (and Canada) far past China as a U.S. trading partner, and as global companies seek to diversify their supply chains, Mexico offers proximity to U.S. markets, modern infrastructure, access to ports for global distribution and a highly skilled, well-educated workforce.
Mexico is open to foreign direct investment (FDI) in the vast majority of economic sectors, and the United States Mexico Canada Agreement (USMCA) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) provide tariff-free access to the United States, Canada and 10 countries throughout the Asia-Pacific region.
A GLOBAL LAW FIRM WITH LOCAL EXPERTISE
With long experience providing legal counsel and solutions to clients on three continents, we know how crucial it is to understand local contexts, especially when you’re doing business with companies and individuals that are operating in their native cultures and legal systems.
We know what works in Mexico, and perhaps more importantly, we know what doesn’t work. We understand the law, the legal system, the regulatory environment and the broader global trade context, and our advice takes into account all these elements as we help our clients develop winning strategies.
We support our clients’ businesses by writing strong bilingual contracts, ensuring their intellectual property is protected, and conducting thorough due diligence. We also assist with entity formation, statutory compliance, operations finance and local partnerships, and we have successfully resolved countless legal disputes between entities from different countries.
Adrián Cisneros Aguilar oversees Harris Bricken’s Mexico practice and is part of our Latin America team. He studied law at Panamericana University in Mexico City then earned a Master’s degree in International and Chinese Law at Wuhan University, followed by a Doctor of Laws degree with specialization in Chinese Law at Shanghai Jiao Tong University. He was the first Mexican attorney to earn a Doctor’s degree in Law in China. Adrián also teaches law and business at Universidad Anáhuac, one of Mexico’s most prestigious universities and heads up an international consultancy for SMEs and governments looking to set up and operate effectively in Mexico or Asia. He is fluent in Spanish, English, and Chinese.
MANUFACTURING IN MEXICO
The US-China trade war and the COVID-19 pandemic have reinforced to many businesses the importance of a diversified supply chain, and for a number of reasons beyond just location and tariffs, Mexico is attracting a lot of interest. Establishing manufacturing facilities and a logistics infrastructure are complicated processes, and missteps can cost millions.
Many of our clients from all over the world (including many from Asia) are shifting manufacturing from China to Mexico, and our deep knowledge of China’s laws and business and regulatory environment allow us to help them exit China as cleanly as possible and identify the most appropriate manufacturing model and operational framework for them in Mexico.
DISTRIBUTING PRODUCTS OR RELOCATING OPERATIONS INTO MEXICO
Mexico is much more than just manufacturing, and U.S. companies exported over $250 billion of goods and services to Mexico in 2019. The U.S. and Mexico share a long history as trading partners, and since the North American Free Trade Agreement (NAFTA) came into force in 1994, superseded by the USMCA in 2020, relations and trade volumes have grown steadily.
Over the past few years more and more companies have come to us for help moving parts of their operations to Mexico, or to figure out the best ways to bring their goods and services to the Mexican market. We support clients with new entity formation, mergers and acquisitions, real estate transactions, intellectual property rights protection, employment and labor issues, as well as complex cross-border litigation.
Supporting clients that are manufacturing, distributing and establishing operations in Mexico, our Mexican corporate legal services include:
- Entity formation
- Establishment of partnerships, representative and branch offices
- Intellectual property protection
- Franchising and licensing agreements
- Real estate transactions
- Banking, and corporate and project finance
- Contract negotiations and drafting
- Support for commercial transactions
- Litigation and alternative dispute resolution
REAL ESTATE IN MEXICO
Our Mexico legal team has decades of commercial and residential real estate experience, and are able to provide expert advice on investment vehicles and tax implications, as well as conduct comprehensive due diligence on potential purchases.
Our thorough understanding of Mexico’s foreign investment regulations and tax laws combines with our knowledge of the broader legal environment to assist our clients in identifying potential costs and determining financial feasibility. Finally, our extensive experience in real estate litigation experience provides our clients with strong negotiation and risk mitigation support if required.
Our Mexico real estate legal services include:
- Due diligence on buildings and land, both commercial and residential, including zoning and land use restrictions
- Legal and tax advice regarding potential investment vehicles and structures
- Entity formation
- Contract negotiations and drafting
- Advice and support for regulatory compliance, including documentation and permits
- Support with identifying top-tier realtors, architects and bankers
- Real estate litigation and alternative dispute resolution
If you’re contemplating a business venture in Mexico, you will need legal support. Our Mexico team are of course both English- and Spanish-speaking, and many of us speak Chinese and other languages as well. We know the Mexican legal and regulatory contexts, and of course we know Europe and Asia too. We’re “locals” who think globally and understand your needs.