How Address Discrepancies Can Put Foreign Trade Operations at Risk
Discrepancies between registered business addresses and supporting documentation can create tax and customs risks, potentially affecting the continuity of foreign trade operations in Mexico.
Our counsel Lourdes Salazar authored the article “Un error de domicilio pone en riesgo tus operaciones de comercio exterior”, published by The Logistics World, examining the tax and customs implications of inconsistencies in companies' registered business addresses.
The publication explores how these discrepancies can have significant consequences for foreign trade operations, ranging from temporary restrictions on digital tax certificates and suspension from the Importers Registry to potential grounds for cancellation of the IMMEX Programme.
It also highlights the importance of ensuring that registered tax addresses, manufacturing facilities, warehouses and other business locations are properly recorded and consistent with supporting documentation, including utility bills, agreements and official records.
The analysis emphasizes the need for internal controls and document-update procedures to identify inconsistencies and prevent risks that could compromise business continuity.
Read the full article in The Logistics World.
