On January 21, 2025, the Official Gazette of the Federation published the “Decree Granting Tax Incentives to Support the National Strategy Called “Plan Mexico”, to Promote New Investments, Encourage Dual Training Programs, and Foster Innovation” (the “Decree”). The Decree aims to promote investment in fixed assets and promote training and technological innovation.

On January 13, 2025, the President of Mexico introduced “Plan México”, a strategy aimed at fostering the country’s industrialization and economic development. This plan seeks to implement a series of measures designed to attract investments, strengthen supply chains, promote innovation, simplify administrative processes, and encourage investments aligned with ESG standards.

The ministry of economy issues criteria and requirements that regulate the applicability of annex 1 of the immex decree.