Opportunities Through Mexico’s IMMEX / Maquiladora Program

The IMMEX (formerly Maquiladora) program in Mexico offers favorable tax benefits to companies manufacturing in Mexico—especially for companies who primarily manufacture products that will be exported out of Mexico.

What Is the IMMEX / Maquiladora Program?

First, a definition: a maquiladora is a factory in Mexico that’s owned and run by a foreign company. That company manufactures products in Mexico and exports them to other countries. One of the main cost-saving benefits is that the company is able to exempt the 16% Value Added Tax (VAT) when importing raw goods, materials, and equipment for manufacturing processes. They also will not pay duties when exporting finished goods to the US and Canada markets if the finished goods are classified as “Made in Mexico.”

How IVEMSA Can Help Your Maquiladora

While there are numerous benefits to participating, the IMMEX / Maquiladora program comes with many strict regulations and requirements that change occasionally. It’s important for companies operating under the program to maintain detailed records and meticulously track inventory. For example, under the IMMEX program, a company can import goods and raw materials temporarily and must either export the goods (as a finished product) within a certain time frame, transfer them to another IMMEX company, or change their status from “temporary” to “definitive.” It’s challenging for many businesses to keep up with these requirements on their own.

By working with IVEMSA, you can use maquiladora licenses that we already have in place, or we can create and manage a new license for you. Our team will handle all the logistics so you can manufacture in Mexico with all of the advantages and none of the hassle. We’ll take care of:

  • Securing permits and licenses
  • Ensuring compliance
  • Identifying sites and facilities
  • Facilitating the site selection analysis
  • Human resources and recruiting
  • Accounting, payroll and accounts payable
  • Customs compliance
  • Finding contractors for building improvements
  • Sourcing local vendors

Shelter vs. Standalone Entity: Which Is Best for You?

When manufacturing in Mexico, you can choose to operate under IVEMSA's shelter to reduce risk, or we can create a new legal entity for you and obtain your IMMEX / Maquiladora license. If you select the latter option, you will be operating as a standalone entity.


You’ll be running your manufacturing operations under a “shelter,” an entity technically owned by IVEMSA where we are responsible for compliance and the administrative functions. Although you’ll have full control over your manufacturing processes, you’ll operate under our business license, and IVEMSA will handle all the set-up and administrative processes.

  • Start production in 3-4 months
  • No additional investment needed to set up admin departments and systems
  • IVEMSA secures all licenses, permits and certifications
  • Reduced legal risk and liabilities since there is no need to incorporate an entity
  • No need to hire staff for Payroll, HR, Recruiting, Accounting, Accounts Payable and Trade Operations
  • Exemption from VAT payments at Mexican customs
  • IVEMSA’s shelter option can save you up to 30% annually vs. operating outside our services

Standalone Entity

If you prefer to set up your own Mexican corporation, IVEMSA can create this new entity for your business and help you obtain the IMMEX / Maquiladora permits and other required permits and registration you will need to operate. We can also provide ongoing management services (HR, accounting, etc.) to help your operations run smoothly.

  • Start production in 6-7 months
  • Mexican entity incorporation needed
  • Full exposure to Mexican fiscal, labor and trade authorities
  • IVEMSA will be responsible for hiring and running all of the administrative departments including HR, Accounting, Trade Compliance, etc. This way, you can put your full concentration into your core business.
  • IVEMSA will need to secure all licenses, permits & certifications before opening and be able to import goods
  • New mandatory software licenses will need to be obtained
  • IVEMSA’s standalone entity option can save you up to 20% annually vs. operating outside our services

Fast Facts: The Mexican Manufacturing Advantage

Download our free guide for important facts on Mexico manufacturing, like these:

  • Mexican labor costs are 40-50% less than the United States
  • Mexican universities and vocational schools see over 110,000 new engineering graduates each year
  • Mexico has over 6,000 foreign manufacturing companies and the infrastructure to support their needs
Fast Facts: The Mexican Manufacturing Advantage

Reduce costs.
Retain quality.
Gain peace of mind.

Contact us today and see how we can help you take advantage of all the benefits of manufacturing in Mexico - without the hassle.