Advantages of working with a Mexican Shelter Company vs Not.
Are you tired of juggling the demands of running a business and dealing with the complexities of the tax system and the stresses of your company being in compliance with all laws and regulations? As a business owner, you know that navigating the world of taxes and compliance can be a time-consuming and overwhelming process. However, what if there was a way to simplify the process and take some of the burden off your shoulders?
Enter the Mexican Shelter Company
What is a Mexican Shelter Company, and how can it help your business? A shelter company is a legal entity, with all the needed licenses and permits, that exists in Mexico to assist foreign Manufacturers and companies to set up their own operations in Mexico. Essentially, it's a "shell" structured company that allows you to open operations in less than 90 days, providing the needed administration and legal structure to operate your business in Mexico, without having to go through any of the red tape and loopholes to open up an establishment in Mexico. This structure allows you to minimize risk because you do not need to create a new entity in Mexico, as the Mexican Shelter will take care of everything for you.
But why would you want to use a shelter company, and how can it benefit your business? Here are just a few of the advantages of working with a shelter company in Mexico:
Simplification of business transactions:
A shelter company can act as a middleman in business transactions, making it easier to buy and sell assets or conduct other business activities. This can help you avoid the hassle of dealing with contracts, negotiations, and other legal issues.
Minimization of tax liability:
Depending on your business structure and location, using a shelter company may help you minimize your tax liability. For example, Javid LLC’s Shelter Operation is a fully certified Maquiladora, which means you do not have to pay any Value Added Tax (VAT/IVA).
Protection of personal assets:
A shelter company can help protect your personal assets in case of a lawsuit or financial disaster by keeping your personal and business finances separate.
A shelter company can help you protect your privacy by keeping your personal information out of the public record. This can be especially useful if you don't want your competitors or the media to know about your business activities. How is this? Being that you would be operating through the shelter's entity, you will not have a legal presence in Mexico, also, the shelter will ensure that the IP of your product remains secret, as the shelter does not get involved in your production.
So, is a shelter company right for your business? The answer will depend on your specific needs and circumstances. If you're not sure whether a shelter company is the right choice for you, don't worry - we can help.
At Javid LLC, we specialize in helping businesses navigate the complex world of Mexican regulation compliance and general administration in Mexico. Our team of experienced professionals can help you understand the benefits and risks of using a shelter company and determine whether it's the right choice for your business.
Don't let the complexity of taxes and legal compliance hold you back from achieving your business goals. Reach out to us today and learn how a shelter company can help you simplify the process and get back to what you do best - running and growing your business.