The proposed changes to Mexico’s Customs Law and the Federal Tax Code, introduced in September and already approved in general terms by Congress, represent one of the most significant overhauls to trade regulation in recent years.
The reform reshapes customs procedures and assigns new obligations to both companies and customs brokers, with the aim of improving traceability, reducing non-compliance, and tightening fiscal control.
To adapt, companies involved in foreign trade will need to invest more in compliance systems to mitigate legal and financial risks, while authorities gain broader auditing powers, restrict post-clearance corrections, and increase penalties.
The business sector is expected to face higher operational costs, stricter documentary requirements, potential delays in clearance, and the need to update internal processes and staff training. Customs brokers, as intermediaries, will also be subject to stronger requirements and joint liability for tax payments, along with expanded grounds for suspension or cancellation of licenses.
The reform also targets e-commerce platforms and international parcel services, closes regulatory gaps in fast-growing sectors, and tightens oversight of IMMEX and RFE operations. Non-compliance with labeling standards would be treated as smuggling, and fines could reach up to three times the commercial value of goods.
Changes to the Federal Tax Code broaden the presumptions of smuggling and increase prison sentences for related offenses.
Preparation will be essential: reviewing internal controls, strengthening coordination with customs brokers, investing in technology, and seeking expert advice will help companies adjust to the new landscape.
Source: Excelsior
