Home

 

 

 

 

 

       

            In today’s competitive climate companies are looking for ever increasing ways to improve their delivery times.  By becoming a Certified Company (Empresa Certificada) in Mexico, exporters may become more efficient in their trade operations and import/export procedures by eliminating unnecessary customs requirements.  As of May 9, further benefits have been decreed for maquiladoras that have complied with certification requirements.

Information published May 9

            Above and beyond the aforementioned benefits, new and more rewarding benefits were published in the Official Gazette of the Federation on May 9, 2005. The new benefits include, among others:

            •The exemption for Certified Companies to apply for an extension of the company’s maquila and PITEX programs for the importation of new materials, machinery and equipment required for their production process. Therefore, maquilas and PITEX are now allowed to import on a temporary basis all the goods required for the company’s manufacturing and/or assembly operations without having to request an extension to the company’s program.

            •Exemption of temporary import requirements.

            •Certified service maquilas will be allowed to carry out any type of service; and are hence exempted from the restrictions and limitations regarding the type of services a regular maquila can carry out.

            •Concerning annual trade reports, service maquilas and PITEX companies will only be obligated to report total sales and exports, as opposed to a more complicated and detailed report.

 

Overall benefit to certified companies

            As of October 2002, Mexican companies, whether maquilas, PITEX or domestic companies, were eligible to become Certified Companies (Empresas Certificadas) under a program allowing such entities more efficient trade operations, with benefits ranging from expedited border crossings to the possibility to auto-correct...

...Continued in the pages of Twin Plant News, Subscribe Today!

 
 

Home
     Advertising     Editorial     Back Issues     Suppliers & Services     Contact Us