{"id":18916,"date":"2018-05-10T15:00:08","date_gmt":"2018-05-10T19:00:08","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=18916"},"modified":"2020-06-13T05:59:23","modified_gmt":"2020-06-13T09:59:23","slug":"open-business-mexico-24-hours","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/open-business-mexico-24-hours\/","title":{"rendered":"Open a Business in Mexico in 24 Hours"},"content":{"rendered":"

If you\u2019re interested in opening a business in Mexico, it\u2019s completely understandable to be a little uncertain of the initial expenses and unfamiliarity with the market. Here\u2019s how to start a new business in Mexico in 24 hours. <\/span><\/p>\n

In Mexico, the Law of Constitution of Companies which offers entrepreneurs the opportunity to open a business in one day is already official and without cost. Although the law was passed in congress a couple of years back, only now is it becoming popular. <\/span><\/p>\n

This regulation aims to stimulate entrepreneurs who today may be operating irregularly or wish to expand their company to Mexico in just 24 hours in a simple and modern way. It also eliminates obligations that were previously required, such as having a public deed or bond.<\/span><\/p>\n

That time in Mexico where a person needed constant visits to public notaries and wait in lines at many government institutions has been left behind. Red tape is being reduced for small businesses (not large companies). This process is being led by Tu Empresa, an electronic platform that will allow to establish companies <\/span>that bill up to five million pesos per year<\/b> (about $270,000 USD), in only 24 hours, online and free of charge. <\/span><\/p>\n