Latin Lawyer: Promotions at LatAm firms spiked at year-end

The European Travel Information and Authorisation System (ETIAS) is expected to introduce a new pre-travel requirement for nationals of visa-exempt countries, including Mexico, who travel to the Schengen zone.

The initiative seeks to promote the adoption of electronic and digital payment methods, introduce new identification mechanisms and authorize the Ministry of Finance to determine sectors in which digital payments could become the only permitted means of payment.

SENER amended the Guidelines applicable to the Migration Procedure to extend deadlines and simplify certain technical, contractual and operational requirements.

On September 7, 2026, the agreement whereby the Ministry of Energy (the “SENER”) issues the Hydrocarbons Sector Development Plan (the “PLADESHi”) was published in the Federal Official Gazette.

On September 8, 2026, the Federal Executive submitted to the Mexican Congress the Economic Package for fiscal year 2027. The package includes the Federal Revenue Law Initiative (ILIF), the initiatives to amend the Income Tax Law (LISR) and the Federal Fees Law (LFD), the Draft Federal Expenditure Budget, the General Economic Policy Criteria (CGPE), and the Report on the Use of the Tariff Authority Granted to the Federal Executive.

In recent weeks, the General Administration of Foreign Trade Audit (“AGACE”) of the Mexican Tax Administration Service (“SAT”) has been serving the resolutions on renewal applications for the Certified Companies Registry, VAT and Excise Tax modality (the “VAT/Excise Tax Certification” or “CIVA”), filed in late 2025 and early 2026.