This is a sponsored guest post.
In the last 2 decades, manufacturing in Mexico has been immensely ramped up, and special thanks to NAFTA (North American Free Trade Agreement). Moreover, the establishment of the maquiladora program and high-quality contribution at a lesser cost has turned it into the basic way of manufacturing in numerous industries such as automotive, aerospace, and electronics. The basic intention of the IMMEX program is to allow overseas manufacturing firms to work in Mexico with a low-tax and professional structure and even getting the benefit from the lower cost labor of Mexico. A bunch of companies offers shelter service including Tacna and several others. Let’s dig into more depth and take a closer look at this beneficial Mexico’s IMMEX program.
IMMEX Program
Officially it is named as IMMEX maquiladora program that permits overseas manufacturing companies to import equipment and raw materials into this region (Mexico), without paying any tax, under the condition that a hundred percent of all will be sent back within the allowed period. Moreover, the basic vision of this program is to expand the Mexican economy by allowing foreign manufacturers to work in a competitive atmosphere, which ultimately opens the door to millions of job opportunities.
IMMEX also intends to renovate and modernize the globalization of the region’s manufacturing infrastructure by adopting specialized, new technologies and updated knowledge to Mexico. Furthermore, the program also offers foreign manufacturing firms with tax incentives and directions to act cost-efficient while concentrating on the quality of the product manufactured.
How IMMEX started?
In the early days, the IMMEX maquiladora program mainly concentrated on simple electronics, textile, and industrial products but over time the region has abruptly decided to expand its manufacturing to have a broader range of industries. The important thing to notice about this region is that it holds 89 auto part makers out of the world’s top 100 manufacturers. In the 21st century, Mexico also reached other industries including Automotive, alternative energy, aerospace, general consumer goods, metal mechanics, medical devices, and electronics.
How can foreign manufacturers get IMMEX Certification?
There will be lots of difficulties in acquiring IMMEX certification and registration. You have to pass through numerous mandatory requirements before getting granted IMMEX certification. The whole process takes time and resources to work on proper paperwork, attaining IMMEX certification and appropriate permit can take from 3-6 months, even more in special cases. Where this procedure buys you thousands of advantages, but it is a long and not a piece of cake.
If you are trying to have IMMEX Certification and dealing with lots of trouble then you must contact with shelter service providers that will definitely support you and guide you in the right direction through which you can easily access IMMEX Certificate in a short time. Moreover, shelter provider firms will take all care of business to ramp up and also take care of logistics including HR, the hiring procedure, getting the license and opting for the best manufacturing sites, and much more. Go there and effectively grow your business.