1. Set up Project Management Team and Set up Milestones
Expansions often entail numerous unforeseen challenges and may not always proceed according to initial plans, particularly when executing the process in a location thousands of miles away, operating within a different time zone, unfamiliar culture, and language.
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Set up project management team
A project team should be set up with their respective accountabilities for the expansion process. Sooner or later, it i...Read More
Plan Milestones
In order to ensure timely achievement of various milestones, it is crucial to meticulously plan and execute tasks such a...Read More
Execute Expansion
Whether attending online or physical meetings with different stakeholders, we accompany you in coordinating and executin...Read More
Monitoring & controlling milestones
Given the disparate time zones and cultural variations, meticulous micromanagement becomes essential, necessitating cle...Read More
2. Set up company in Mexico
There is a quite bureaucratical way to set up your company in Mexico. With our experts who have long-lasting experience, we support you to found the company, set up contracts, opening bank accounts, or applying for Visas.
Found company in Mexico
Our legal representative partners make you familiar with the local laws and support you in the whole constitution process to open your company in the respective city in which you will be based. The opening can take between 3 and 6 months.
There is no need that you come to Mexico to do that.
- Notary
- Fiscal Authorities
- Tax registration
- Registration & Bank Opening
- Immigration
- Commercialization
- Translation
- Etc.
Set up contracts
Our experts of legal representatives specializes in establishing or revising contracts for your stakeholders, including industrial buildings, employees, transportation, import and export, and other relevant parties. We ensure that these contracts align with and comply with Mexican laws and regulations.
- Legal Advice with an expert
- Ensure compliance with the Mexican Law
- Translating documents into your language
- Contracts with Employees, Partners, Suppliers, etc.
Bank accounts
We provide assistance in facilitating the opening of your bank account in Mexico, allowing you to choose your preferred banking partner, whether it be an institution from your home country or a new bank. Our bank partners possess expertise in international banking practices and that your designated contact person is fluent in English.
- Bank accounts
- Online Banking
- Payrolls
- International money transfers
- Fees
Visas
There are various documents and forms that must be filled and it’s normal for a foreigner not to know where to start. Our legal partner ensure that the process is easy and effortless for you and help you with the process of obtaining the necessary working permits and visas for your team to come to work in Mexico.
- Type of Visa & duration
- Ensuring documentations are complete
- Apostille
- Set up meeting with Migratory
- Full compliance with Mexican policies
- Submission of the forms
3. Execution of the Expansion
After establishing the organization and defining the necessary milestones, it becomes imperative to delve into various aspects in order to execute a successful expansion. You have the flexibility to determine the specific areas in which you require support from respective partners to effectively carry out these initiatives.
4. Transfer assets and material
After finalizing the selection of sites and partners in multiple areas, it becomes imperative to arrange for the transportation of materials and machines to Mexico in order to establish the company. Additionally, a comprehensive supply chain must be meticulously defined to ensure a smooth process.
Means of transport
Upon the completion of site and partner selection in various areas, attention must be given to the logistics of transpor...Read More
Documentation
In order to facilitate a seamless transportation process to the final destination in Mexico, it is crucial to ensure tha...Read More
Incoterms 2020
Define incoterms to ensure accountability of the respective stakeholder. At the begin, it may makes sense to use the mos...Read More
Milestones Planning
To establish accountability and ensure effective tracking of responsible stakeholders, it is essential to define clear p...Read More
Incoterms
Factory
First Carrier
Alongside ship
On
Board
On
Arrival
Alongside Ship
Destination Place
Buyers warehouse
Seller
Buyer
Risk Transfer
5. Installment
& Kick-Off
& Kick-Off
Upon the arrival of machines and raw materials, it must be undertaken the installation process for all necessary facilities and carefully stock the materials within the designated (rented) property. Additionally, organize the procurement of furniture, if not already available, as well as set up essential IT infrastructure such as computers, laptops, printing equipment, and reliable internet connections. We assist you to ensure a smooth transition into operational readiness, encompassing all essential elements required for efficient business operations.
Installment of Operations
The installment of operations is a crucial phase in business, where key processes and resources are systematically set u...Read More
Facility Management
To ensure compliance with building standards, establish a reporting system for monitoring goods movement, implement main...Read More
Training
Developing comprehensive training plans for future employees is vital to ensure a smooth transition into operational act...Read More
Start Operations
Once all elements have been established, the launch of production signifies a pivotal milestone in the successful transi...Read More
