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REQUIREMENTS TO QUALIFY AS A MAQUILADORA COMPANY ?

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REQUIREMENTS TO QUALIFY AS A MAQUILADORA COMPANY ?

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A. In addition to the requirements to be attained and steps to be taken to incorporate any company in Mexico , maquiladora companies must apply for and obtain what is called a Maquila Program. This program is a document containing general data of the maquiladora company, describing the manufacturing process, the characteristics of the products it shall manufacture, as well as a listing of the necessary equipment and raw materials to be imported into Mexico or bought in the Mexican market, stating the volume of labor to be used, as well as an exports program. These programs are approved by the Ministry of Commerce and Industrial Development. When an application is filed with said authorities, it is carefully analyzed, and when approved, they inform the Customs authorities, so that machinery, equipment and materials required to develop such program may be imported into Mexico . It is important to point out that when a Maquila Program is approved, the applicant is granted a Maquiladora Re

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