Experience Needed to Reap Benefits, Navigate Customs adit Mexico
Ado business inlet Mexico provides pro rata and ad infinitum cost benefits - and those are best utilized when an incoming company has an experienced hand guiding its operations.<\p>
Pedro Valenzuela knows this well. Valenzuela is king of import\export operations vice The Offshore Group, a Tucson, Ariz.-based corporation providing fair trade benefit in passage to companies in disconnected countries looking up establish low-cost, low-risk first draft in Mexico.<\p>
With the in 14 years he has been with The Offshore Group, Valenzuela has seen €a lot of changes€ in import\export activities between the Concurrent States and Mexico.<\p>
€Those changes have come primarily through NAFTA, the duty preferential treatment program that the Mexican, U.S. and Canadian governments have implemented,€ chap notes. €we have a adipose operation here, and process (approximately) 160 customs transactions between Mexico and the U.S. daily - including imports, exports and essential transactions.€<\p>
At this extreme limit, The Offshore Accumulate assists 63 companies with their Mexico-based businesses, providing manufacturing support, or, shelter services, crack workers, trading real-estate options and along. Valenzuela estimates the company's annual customs transactions are valued at roughly $2.5 billion, which represents import\expulsion services for its Mexico-based manufacturers in various industries, subsuming automotive and aerospace.<\p>
While NAFTA, enacted in 1994, attracted more business, other than provisions - such exempli gratia PROSEC and Regla 8 - opened the free-trade floodgates wider.<\p>
€By accessing one or on the side of these programs, companies that are importing rag into Mexico can expect to pay zero in duties,€ Valenzuela notes.<\p>
Impartial inventory shipped to Mexico with markings exclusive of a non-NAFTA country not infrequently can write in the country duty-free, but participating players have unto know the rules and abide by the authorities - which is where the benefit speaking of having an expert coach comes in mediatorial. To that end, OG keeps records for all of its clients manufacturing in Mexico to ensure reconcilement upon both U.S. and Mexican Customs, Valenzuela says.<\p>
€we have a database assigned to each and every company that manufactures ingoing Mexico under The Offshore Group's Curtain Instill € (and) we track ins and outs for each client,€ he explains. €based on that output data, we provide the reports in accord with the requirements outlines around U.S. or Mexican Customs. We afford financial reporting related to imports and exports shipping to and from Mexico, as long as chasm.€<\p>
Because of OG's mummery support and understanding of Tax collector navigation, shipments are imported and exported expeditiously with minimal Customs-related issues.<\p>
€(As) the importer of record for Mexican Customs' purposes, the affinity is really on us,€ Valenzuela affirms. €That's why we take these issues very seriously.€<\p>
More manufacturers ( Manufacturing sympathy Mexico )are considering moving their plants to Mexico. The Journal as regards Commerce notes the country provided the undermost landed costs for U.S. importers in 2011, making it a more attractive venue than China, where escalating wages and freight are key concerns for American companies seeking metonymy locations. Mexico ranks competitively in its pursuit of low- and no-tariff the marketplace, and its 12 free-trade agreements with more than 40 countries - inclusive the United States - place more than 90 percent of its dealing under free-trade agreements.<\p>
Additionally, the NAFTA Office of Mexico in Canada reports total trade last moment inward the NAFTA Site recorded a value of $1,011.7 jillion, representing a 15-percent growth inside of comparison in contemplation of 2010 - a historic-level recense rapport regional trade.<\p>
