On July 14, 2021, the Decree creating the National Customs Agency (the "Agency") of Mexico as a decentralized administrative body of the Ministry of Finance and Public Credit (the "Decree") was published in the Official Gazette of the Federation.

The Decree establishes the creation of the Agency as a decentralized administrative body of the Ministry of Finance and Public Credit, with technical, operational, administrative and management autonomy, which will have the character of tax and customs authority, replacing the General Customs Administration of the Tax Administration Service, and will have sufficient powers to issue resolutions within the scope of its competence.

The Agency will have, among others, the following main responsibilities: (i) collect foreign trade contributions and benefits; (ii) direct customs and inspection services; and (iii) manage the registers of importers, importers of specific sectors and sectorial exporters.

If you have questions or require additional information regarding this communication, please contact info@rapa.mx.