1. Introduction
Explore the benefits of IMMEX and RFE, two pivotal programs for businesses engaged in cross-border trade and manufacturing in Mexico. These programs are designed to enhance Mexico's position in global trade by offering unique benefits and streamlined processes for import-export activities.
2. Benefits of IMMEX
IMMEX tailors to manufacturing operations involving temporary import of materials for export production, offering financial incentives such as tax and duty deferrals. Eligibility hinges on having specific production facilities, a skilled manufacturing workforce, and meeting export sales thresholds. IMMEX types include Industrial IMMEX, IMMEX Services, and IMMEX Shelter, each catering to different operational needs. Typical storage under IMMEX is 18 months, extendable to 48 or 60 months based on specific factors without paying duties in Mexico.
3. IMMEX Compliance and Requirements
To be eligible for IMMEX, companies must have specific facilities for production, a workforce skilled in manufacturing or maquila activities, and must comply with export sales thresholds. Adherence to temporary import regimes is strictly enforced to ensure the benefits are utilized for intended purposes.
4. Types of IMMEX Programs
IMMEX offers diverse program types, including Industrial IMMEX for manufacturing firms, IMMEX Services for service-oriented companies, and IMMEX Shelter for entities offering maquila services to foreign firms, among others. Each type addresses different operational needs and compliance requirements.
5. Anexo 24 IMMEX
Mandates strict inventory control for IMMEX companies. It requires an automated system to meticulously track and manage temporarily imported goods, ensuring they are properly accounted for throughout the production process. Visit the SAT website for full Anexo Details
The automated inventory control system in accordance with this Section must allow for least:
- Fully comply with the provisions established in the Law, its Regulations and the RGCE regarding inventory control of temporarily imported merchandise.
- Have an instrument to verify the returns of imported merchandise temporarily and control of merchandise pending return.
- Generate reports that allow compliance with information requirements established in the customs provisions and the authority itself.
6. Benefits of RFE (Recinto Fiscalizado Estratégico) (Free Trade Zone)
RFE operates akin to a Free Trade Zone, offering designated areas within Mexico for foreign trade goods management. It's pivotal in reducing logistics costs and streamlining goods movement, especially for international trade. RFE typically allows for 60 months of storage, which can vary under certain circumstances. Many of the functionalities are similar to IMMEX.
7. Distrubi Case Study: Applying IMMEX and RFE
A client partnered with us for a unique project. Its objective was to improve the experience of its customers with a strategic combination of products made in China and Mexico.
Challenge: Our client had a goal of assembling over half a million units per month. Each unit consisted of Chinese manufactured goods packaged inside a Mexican product. The challenge was to effectively manage this complex assembly operation to ensure quality control, regulatory compliance and efficient delivery.
Our solution: We deployed a dedicated team of 30+ people to create an assembly line. These skilled professionals handled everything from stuffing products into craft bags, labeling, packaging, palletizing, to preparing the units for distribution.
Result: Thanks to our comprehensive service, our client was able to provide their customers with these exclusive products improving their brand experience.
Our network of warehouses across the United States & Mexico is designed to support the dynamic needs of growing enterprises.
Simplify your cross border logistics with a partner that can support your growing distribution needs.
Customs brokerage, warehousing, and/or end-to-end logistics taken care of for you on a recurring bases. If you're projecting more than 5 monthly shipments, you may schedule a call if preferred.