Register a Mexican Crypto Company [Video]

After watching this short video , we invite you to learn more on how to register a Mexican crypto company, at https://companyformationmexico.com/open-a-cryptocurrency-company-in-mexico.

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Register a Mexican Crypto Company
A presentation brought to you by CompanyFormationMexico.com

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Supervising Authority
Crypto companies are supervised by the Mexican Central Bank.

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Authorization
These types of companies need to apply for an authorization, issued by the Central Bank.

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Legislation
Crypto businesses are regulated under the rules of the Fintech Law.

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Companies That Must be Authorized
Authorization is necessary for legal entities registered as financial companies, fintech companies, electronic payment service providers, etc.

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Taxation Principle
Crypto companies are liable to the same taxes applicable to other companies.

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Main Taxes
Mexican companies must pay a corporate tax of 30% and VAT, charged at a rate of 16%.

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Tax Registration
Given that crypto businesses must pay taxes, they need to register with the Mexican Tax Administration Service.

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Licensing
Licensing obligations appear for legal entities that are registered as financial companies.

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Cryptocurrency is used, at the moment, by 2,5% of the Mexican population.

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Thank You for Your Attention!
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