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Mexico Introduces Incentives to Encourage New Investments, Encourage Training Programs, and Promote Innovation

23 January 2025

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Approved Changes

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Mexico

On 21 January 2025, Mexico published in the Official Gazette a Decree granting fiscal incentives to support the Plan México national strategy, including incentives to encourage new investments, encourage training programs, and promote innovation. The Decree entered into force on 22 January 2025. The main incentive is an immediate deduction for investments in new fixed assets acquired from the date of entry into force of the Decree until 30 September 2030. The immediate deduction is a percentage of the investment cost as specified in the Decree, which is deducted in the year the investment is made. The immediate deduction is...