Investing in Mexico
In the past months I met a businessman from Canada who wanted to invest in Mexico. He has a business of parts for cars, he produces them in his factory in Canada and he has already a sales representative in Monterrey, Mexico for the big car producers, but as the business started to be developed, the requirements for service and goods are just not enough with the current representation, so the businessman realized that is necessary to establish a plant in Mexico.
On the other hand, the business man is complaining about the formalities with Mexican authorities to open a business. He says that the legal formalities are too complicated and confused, He's actually working with an attorney firm for the legal aspects and formalities to establish the business, but there are more processes that the lawyers cannot help, i.e. licences to operate the plant, hiring personnel, and special advices about whether to establish the plant at Monterrey, equipment. etc..
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Investing in Mexico
In the past months I recently met a businessman from Canada who wanted to invest in Mexico. He has a car parts business of parts for cars, he produces them in his factory in Canada and he has already has a sales representative in Monterrey, Mexico for the big/major car manufacturers producers, but as the business started to be developed, the requirements for service and goods are just not enough with the current market representation, so the businessman realized that it was is necessary to establish a plant in Mexico.On the other hand, the business man is complaining about the red tape formalities with Mexican authorities to open a business. He says that the legal formalities are too complicated and confusing, He's actually working with an firm of attorneys with regard to firm for the legal aspects and formalities to establish the business, but there are more processes that the lawyers cannot help with, i.e. licences to operate the plant, hiring personnel, and special advices about whether to establish the plant at in Monterrey, the equipment. etc..
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