IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 29 Apr 2014 | Removal date: 29 Apr 2015
Still in force

FDI: Entry and ownership rule

On 29 April 2014, the government of Mexico via General Resolution 16 introduced modifications to article 9 of the Foreign Investment Law.
 
The specific amendments introduced refer to the amount of the aggregate assets' value embedded in article 9 of the Foreign Investment Law.
 
Article 9 states that: The Mexican National Commission of Foreign Investments is required to issue a Favourable Resolution, in order to enable foreign investors to hold + 49% of the capital stock of Mexican companies, in cases when the aggregate assets' value of these companies is higher than the aggregated annual value amount determined by this Commission.
 
The newly established amountin 2014 is MXN 3.601.905.682.86(approximately USD 190 million). The previous set amount in 2013 was MXN 3.493.603.960.10(approximately USD 184 million).
 
The specified Resolution on 23 April 2015 was replaced with Resolution 16, and was ,therefore, no longer in force.

AFFECTED COUNTRIES

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