What are maquiladoras who owns them

When operating under the maquiladora model, foreign-owned companies can make use of labor, tax, labor, and other benefits as dictated by regulations in Mexico. Import of raw materials can be conducted duty- and tariff-free, and the finished product can then be exported to the company of ownership.

In general, management based in Mexico conducts daily administrative operations. The foreign owner remains in control of all manufacturing expertise and operations related to production, including process improvements and long-term goal planning.

Modern maquiladoras are well-run, easily managed operations that allow businesses to capitalize on their core competencies. Operating under the maquiladora model is beneficial for many reasons. The advantages that companies find most attractive include:.

Where can maquiladoras be located in Mexico? As long as the finished goods are sold outside of Mexico, a foreign company can build a maquiladora virtually anywhere in the country. A customs tax applies if this is not the case.

Still, the additional cost a company may incur is minor when weighed against the many other significant benefits associated with manufacturing in Mexico. Whether you want access to one of the country's many robust industry clusters or establish your maquiladora close to the border, there are several location options in the country.

Explore eight popular destinations for locating your maquiladora in Mexico here. Establishing a maquiladora in Mexico is easy when paired with the shelter services mode of entry.

Mexico's shelter service program allows a foreign company to conduct business in Mexico through a "shelter" provider. The shelter service provider is the legal entity and employer of record in Mexico for all administrative matters, allowing the foreign company to focus all of its expertise on production related activities. Beyond offering critical knowledge necessary for fast, easy start-up, shelter services providers generally also handle:.

One of the easiest ways to manufacture in Mexico is to operate through a shelter services provider that offers a manufacturing community. More than an industrial park, these communities provide several value-added services that include building leasing, permit obtainment, payroll management, customs access, zoning, and more. To learn more about shelter services providers in Mexico and how to get started, click here. Fast, easy startup with little capital investment turns projects that would be cost-prohibitive in the U.

What is Tecma Shelter Service? Your role is to concentrate on manufacturing. Tecma takes care of everything that has to do with Mexico. No more complicated than setting up a new manufacturing operation just across town. Request Personal Contact Complete the form and you will hear from us shortly.

Do not remove this field. As Mexico holds numerous free trade agreements with countries around the world, foreign investors find this location a strong place from which to move finished goods in and out of the country without being subject to tariffs. Maquiladora facilities can be established anywhere in Mexico, but the products manufactured must be sold outside of the country to receive tax benefits.

These maquiladora facilities can also be found across a tremendous range of industries, including automotive and aerospace manufacturing, as well as plastics and textile production. These facilities may operate under one of several forms outlined by the IMMEX program in place today. These include:. These structures are designed to help companies rapidly launch operations in Mexico, navigate import rules and refunds, and easily export to target their markets.

As more maquiladoras launch in Mexico, they support the greater development of supporting infrastructure. Today, state and federal governments work together with industry associations and large manufacturing employers to provide tailored training that connects skilled workers with jobs. A program that encourages the development of local labor and connects Mexicans to jobs is a win for Mexico.

Although some names and terms have changed, maquiladoras have a long history in Mexico. Throughout this history, new protections have been put in place—the USMCA agreement most recently—and new benefits have been gained. Perhaps the change with the most value, however, has been the growing availability of support for foreign investors ready to launch an operation in Mexico.

With the support of an experienced shelter service provider, manufacturers can secure a highly-skilled, low-cost labor force, federal and local tax incentives, and rapid regulatory approval. In fact, some companies have found that under the umbrella of an IMMEX-registered shelter company, they can ramp up operations in Mexico in as little as 30 days.

Thinking about manufacturing in Mexico?