https://costumbresmexico.com/como-funciona-el-proceso-de-importacion-de-mexico/ – Authorization for customs clearance must be processed by an import agent in Mexico. Therefore, if you want to import products into Mexico for commercial purposes, you need an experienced import agent. To apply the correct taxes/duties, the importing agent must provide an import application (issued by the Ministry of Economy). A commercial bill, a bill of lading, an exemption permit, and a certificate of origin of the goods. Must be submitted.
The elimination and gradual reduction of import duties were complete in 2013, and the tariff structure now has six introductory rates: 0%, 5%, 7%, 10%, 15%, and 20%, Liable on the type of product imported to Mexico. Some products are subject to additional regulations. Such as health products and medical devices manufactured abroad. Which must have a legally designated representative or distributor in Mexico and be registered with the Ministry of Health.
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How to import? The quick guide to import to Mexico
The legal introduction of goods into a country from a third country is known as the importation of goods. Any import involves a series of risks that it is essential that you are aware of and, as far as possible, mitigate. This article is not intended to be an accelerated course for importers but rather a short introduction and guide on the subject, and we hope it is helpful to you!
Choose your Suppliers To Import
One of the main concerns of companies when starting to import is finding the best supplier. Our clients constantly ask us how reliable certain suppliers are. Based on our experience, we can only recommend that you apply a lot of common sense and take risks.
A good idea to find suitable suppliers is to go to fairs, whether general or specific to your sector. In this type of event, you will be able to meet potential suppliers and begin a direct communication process with them. Seeing the supplier in person usually gives you a better idea of what type of company it is, how solvent it is, etc. As an extra tip, you can ask for references from clients you work with in Mexico or other countries.
Before venturing to any fair, we advise you to plan your trip well. Please review the list of exhibitors and research previously on the Internet who each one of them is. And this can save you a lot of time and some annoyance.
Purchase Process to Import
Once we are more or less clear about who we could buy from, the negotiation process begins. Which can be quick or long, depending on the type of product, country of the supplier, etc.
Before buying, you can ask for samples, which can be sent to you by courier (it’s cheap and fast). Sometimes, the supplier will ask you for money in advance, which is expected, so don’t worry. Here, you have to take a risk because it is better to have problems with the samples than with the final import.
Which Incoterm is Best for Importing?
The supplier will probably give you a price in FOB incoterms and another in CFR. We recommend that you always try to control your shipment, so buying in FOB (Free on Board) conditions is better. By choosing this option, they will include the price of the merchandise and all the necessary costs until it is placed on board the ship.
Do not forget that you will have to add transportation costs to the FOB price according to the quote offered by your freight forwarder. If you don’t have one, we’ll happily provide you with a quote.
What do I Need to Import to Mexico?
Generally, the first thing you must consider before starting to import is registering in the Register of Importers and, where suitable, in the Register of Distributers of Specific Sectors in charge of the Tax Administration Service ( SAT ). To do this, you must be up to date with your tax obligations, verify with the customs authorities that you are registered in the Federal Taxpayer Registry. As well as comply with the other requirements established by the Regulations to the Customs. Law and the SAT through the general rules of foreign trade.
On the other hand, you must maintain automated inventory control, which must always keep an updated record of the merchandise control data.
You will also need to obtain information and all the necessary documents to verify the country of origin of your merchandise for tariff preferences, country of origin marking, application of compensatory duties. Quotas and other measures established per the Foreign Trade Law.
Before starting to import, you must give your customs agent a written statement with the elements that will allow you to determine the value of your merchandise before customs. You must keep a copy of the statement and obtain all the information and documents necessary to verify that the declared value has been determined per the provisions of the Customs Law.
What Documents Do I Need to Import to Mexico?
To carry out an import, you must have the following documents:
It is the invoice issued by the supplier, which clearly shows both its company name and address. As well as yours, in addition to the description of your merchandise, price, and conditions of sale. For example, FOB Shanghai.
The provider must make a clear and precise list specifying all the sent content. It must identify the number of packages, the unit and total weight. The measurements of each package, and, if possible, the references, etc. It is especially recommended in the case of groupage.
Bill of Lading
Called Bill of Lading (BL) in English, it is the document your freight forwarder at origin issues and delivers to your supplier. Commonly, your supplier will send it to you when you have paid them (or before if you have credit conditions). With this document, your freight forwarder can deliver the merchandise to you.
You must pay close attention to the number of originals that BL (pronounced ‘be ele’) himself mentions since you will need all of them so that they can deliver your merchandise. If your BL is “Express,” it will not be necessary to have your merchandise. Although it will be necessary to carry out customs clearance.
Certificate Of Origin
Suppose your merchandise is subject to tariff tax, either due to its type or origin; an official document that proves precisely that origin will be necessary. Generally, it will be a “FORM”.
Some more papers and certificates may be required depending on the type of product you ingress (food, seafood, cosmetics and health products, flora or fauna, personal effects, clothing, footwear, etc.)
Weight Or Volume Certificate
It must be issue by the certifying company that the Secretary of Finance and Public Credit authorizes.