Mexico Maquiladora Regime - Don't Miss Out on Significant Tax Incentives
Driven by upheavals to the global supply chain and increased transportation and labor costs, many companies recognize that a more regionalized approach to their supply base may provide longer-term resilience and reduced costs and may also offer other proximity benefits.
For their North America markets, this regionalization often takes the form of nearshoring production to Mexico. In addition to lower manufacturing and transportation costs, closer time zones, less cultural discrepancies, and a greater level of control in decision-making processes, many companies nearshoring to Mexico also gain tax, trade, and other benefits by operating under the Mexico maquiladora program.
To learn more, download the Mexico Maquiladora Regime brochure.
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Companies and commentators have spent the last year expending much effort in order to understand which of COVID-19’s many upheavals will be temporary and which will endure for the long term. Supply chains have been at the heart of many of these changes.
We review the overall supply chain network and core functional areas to quickly assess current state operating performance and define opportunities to improve EBITDA and working capital.
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