The National Institute of Statistics, Geography and Information (the "INEGI") has just announced that as of February 1, 2024, the value of the UMA will increase by 4.66% resulting in the following amounts: Measurement and Updating Unit 2024 Year Daily Monthly Annual 2024 $108.57 $3,300.53 $39,606.36 *All amounts are in
On December 4, a decree was published in the Official Gazette of the Federation amending and adding several provisions to the Federal Labor Law (the "Law"). The amendment to the Law is in line with the trend of improving social security
On November 23, 2023, the Mexican Social Security Institute ("IMSS") and the Ministry of Labor and Social Security ("STPS") announced the second phase of a pilot program aimed at the regularization of the companies ("Companies") registered in the Registry of
On November 23th, 2010, NOM-037-STPS-2023 was published in the Official Gazette of the Federation, which establishes the labor obligations arising from the reforms to the Federal Labor Law that took place in 2021, regarding teleworking. The provisions of this norm apply
On October 20th, the Official Gazette of the Federation published a decree amending and adding several provisions of the General Law of Commercial Companies (the “Law”). The amendment to the Law is in line with the trend to modernize the
On April 25th, the Mexican Congress published in the Federal Official Gazette (“DOF”) an amendment to Article 210 of the Social Security Law. Pursuant to the aforementioned article, the Mexican Social Security Institute (“IMSS”) must provide the following social benefits, among
On March 24th, the Ministry of Labor and Social Welfare published in the Federal Official Gazette (DOF) amendments to certain articles of the Social Security Law (“Law”). Consequently, in the case of insured women who are pregnant, they may request that
In resolving a contradiction of criterion, the Second Chamber of the Supreme Court of Justice (the “Chamber”) ruled that the civil offsetting of debts between individuals cannot be considered as a form of payment of Value Added Tax (“VAT”). The Chamber
On February 13, the Federal Economic Competition Commission (“COFECE” for its Spanish acronym,) published in the Federal Official Gazette (“DOF” for its Spanish acronym) the Guidelines for the issuance of opinions or resolutions in the granting of licenses, concessions, permits
On January 20, the Mexican Congress published in the Federal Official Gazette (“DOF”) an amendment to several provisions of the Social Security Law (“Law”) regarding gender equity. As a consequence, several provisions considered to be discriminatory are amended as follows: • Marriages