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Expand your global workforce in MxMexico

Mexico-City_1MB_iStock-1130185426

Population

129,875,529

Languages

1.

Spanish

Country Capital

Mexico City

Currency

Mexican peso (MXN)

EOR Default Thumbnail

Employer of Record in Mexico.

G-P’s global growth platform makes it possible to start obtaining services in Mexico in minutes via our global entity infrastructure – allowing your company to expand your global footprint without the hassle of entity setup and management. G-P provides services in Mexico for its customers through the assistance of one or more professionals capable of meeting the demands expressed by the customer.

Our global employment products, including G-P Meridian Prime™ and G-P Meridian Core™, are backed by the largest team of HR and legal experts in the industry. We handle the growing complexities of global expansion and compliance for you — so you can focus on the global opportunities ahead.

You’ll have peace of mind knowing you have a team of dedicated experts to support your growth. G-P allows you to harness the talent of the brightest people in 180+ countries around the world, quickly and easily.

8Holidays per year
48hours per weekWorking hours per day or month

Compensation & Benefits in Mexico.

Compensation and benefits are two critical parts of Mexico’s employment laws.

As of January 1, 2023, Mexico’s minimum wage is MXN 207.44 per day according to Mexico compensation laws. This is true for all states except those at the Northern Border. Northern Border states (Baja California, Sonora, Chihuahua, Coahuila, Nuevo Leon, and Tamaulipas) have a minimum wage of MXN 312.41 per day. You can pay employees weekly, or biweekly depending on what is outlined in the employment contract. The net pay, which includes salary, cash benefits in kind, and hardship allowances, must be received in official Mexico banks and paid in pesos.

Employees are also entitled to an Aguinaldo — a yearly bonus. The Aguinaldo typically equals 15 days of salary and amounts to about 2 weeks of pay. Larger companies may give up to 4 or 6 weeks. Sales employees often get large sales commissions or quota bonuses.

MXN207 per dayMinimum wage per day
12-32daysAnnual vacation leave (min)

Hiring in MxMexico.

Mexico’s strong employment laws define a clear relationship between employees and employers. Staying well-versed on regulations regarding recruiting, hiring, and onboarding is essential for compliance.

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Payroll in Mexico.

Mexico’s federal constitution covers numerous and extensive rights and privileges for workers, which range from payroll to holidays and even an employee housing fund.

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Mexico Subsidiary.

The subsidiary setup process in Mexico is one option for developing and growing your company internationally. Establishing a Mexico subsidiary requires a significant amount of time, money, and resources.

Work visas & permits in MexicoTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Mexico Visas & Permits.

Many companies in other countries have additional locations in Mexico or want to outsource some of their operations and labor to the country. If you’re considering hiring individuals to work in Mexico, you need to know how to get a work visa. Following the right process will ensure that your team members stay compliant and can be productive from the start.

Mexico Contractors.

Hiring independent contractors based in Mexico can give your company access to professionals with expertise in your field. Whatever projects you might need the contractor for, you’ll want to ensure you’re in compliance with applicable laws.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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