- SAT in Mexico now requires two new requirements for registering foreign digital service providers
- Corporate purpose in bylaws must state entity provides technological platform services
- Affidavit signed by legal representative detailing goods/services sold, website, address
- New requirements add complexity to registration process
- SAT becoming more demanding with documentation and formalities
- Companies already registered for VAT on digital services in Mexico do not need to amend bylaws
- Foreign residents registering for the first time need to review formalities and deeds of incorporation
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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