Mexico Mining Industry Fiscal Regime Analysis including details of Governing Bodies, Regulations, Licensing Fees, Taxes and Royalties, 2021 Update
All the vital news, analysis, and commentary curated by our industry experts.
Mexico’s high geological potential creates a generally favourable environment for mining. The terrain of the country is among the most tectonically active and complex in the world. Mexico is the largest producer of silver in the world and a top global producer of gold, copper, and zinc, amongst other minerals. Mining represented 2.3% of the national GDP and 8.1% of the Industrial GDP in 2019. Mexico’s mining industry is governed by different departments and regulations including the Secretary of Finance, and Public Credit (SHCP), Secretariat of Agrarian Development, Territorial and Urban (SEDATU), Health Secretary, Secretary of Labor and Social Security (STPS), Ministry of Economy (SE), Ministry of Environment and Natural Resources (SEMARNAT), The National Water Commission (CONAGUA), General Directorate of Mines, Public Registry of Mining (PRM), Mexican Geological Service, Mining Promotion Trust ((FIFOMI), Secretariat of Energy (SENER), and the Mining Chamber of Mexico (CAMIMEX), among others.
The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory.
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Table of Contents
Table of Contents
| About GlobalData
1. Executive Summary
2. Country Overview
2.1 Macroeconomic Performance
2.2 Ease of Doing Business
2.3 Corruption Index
2.4 Minerals Overview
3. Governing Bodies
4. Laws and Regulations
4.1 Key Laws and Regulations
4.2 Tax Reform 2020 Act (2020 Act)
4.3 Reclamation of Mines
4.4 Mining Rights on Public Lands
5. Rights and Concessions
5.1 Mining Rights
5.2 Mining Concessions and Assignments
– Exploration Concessions
– Exploitation Concessions
– Mining Assignments
6. Free trade Agreements (FTAs)
6.1 NAFTA and (USMCA)
6.2 EU-Mexico Trade Agreement
6.3 Chile-Mexico Free Trade Agreement
6.4 Mexico-Panama Free Trade Agreement
6.5 Mexico-Peru Agreement Trade Integration
6.6 Mexico-Bolivia Economic Complementation Agreement
6.7 Japan-Mexico Economic Partnership Agreement
7. Taxes and Royalties
7.1 Key Taxes
7.2 Capital Gains
7.3 Withholding Tax
7.4 Depreciation Rates
7.5 Loss Carry forward
7.6 Mining Royalties
8.4 Secondary Research
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