Nearshoring Tax Incentives
The tax breaks introduced by the Mexican government apply to companies in ten sectors, including semiconductors, electronic components, batteries, and pharmaceuticals.
One of the most appealing incentives is the accelerated depreciation of assets, which allows companies to deduct 56–89% of the cost of machinery and equipment they’ve purchased in 2023–2024 as a tax write-off much sooner than usual.
Other Benefits
Companies will also be able to benefit from a 25% deduction on training expenses for workers over three years.
This perk is designed to encourage businesses to invest in upskilling their workforce, something that will help address the skill gaps that are likely to come up as the nearshoring efforts increase business.
Pour lire l'article complet : Mexico Introduces Tax Incentives to Promote Nearshoring Manufacturing
