Mexico Business FAQ Videos

How Can My Company Eliminate/Reduce Import Duties? – Video

José Luis Martinez, The Offshore Group’s director of Mexican Customs compliance, explains that one important benefit of operating under The Offshore Group’s Shelter Plan consists of taking advantage of its expert Customs staff’s ability to eliminate or reduce tariffs and duties. Minimizing charges for tariffs and duties adds to The Offshore Group’s clients’ bottom-line.

How to eliminate/ reduce duties when importing into Mexico?

There are basically 3 options:

First Option- Free Trade Agreements

There are Free Trade Agreements, between Mexico and the rest of the world.

Mexico participates in Free Trade Agreements with several countries such as: Europe, Israel, Japan, Canada and the United States, amongst others.

With this option, we encourage our clients to obtain valid certificate of origins, and when needed, we provide assistance in the procedure to issue those certificates.

Second Option-PROSEC Program (Promotional Sector Program)

PROSEC has a list of HTS classifications for different industries and goods intended to be manufactured in Mexico.

Once the good is classified, we apply a preferential duty rate on raw materials and equipment.

Third Option-Rule 8^th (Regla Octava)

If there are duties under PROSEC and/or there is no certificate of origin available, there is a third option, known as Rule 8th or Regla Octava.

This is a special rule that requires a petition by the Maquiladora with the Mexican Government to import free of duty raw materials and equipment.

If you have additional questions about how to eliminate/ reduce duties when importing to Mexico, feel free to contact us at The Offshore Group.

“The Offshore Group enables companies to concentrate on their core functions while realizing significant savings generated from economies of scale”.