PAYROLL
We make the payment of the payroll of your workers in Mexico. We take care of everything related to the payment of salaries, taxes, social security, and other labor obligations
Managing payroll can be complex, especially for expats unfamiliar with local regulations and requirements. Our firm specializes in handling payroll services for businesses operating in Mexico. We offer comprehensive support to ensure accurate and compliant payroll processing, allowing you to focus on running your business effectively.
We handle your workers' payroll in Mexico, that includes:
Payroll Calculation:
Our team assists in accurately calculating employee salaries, taking into account factors such as wages, bonuses, commissions, and deductions. We ensure compliance with Mexican labor laws and regulations, including minimum wage requirements, overtime calculations, and benefits entitlements.
Tax Withholdings and Reporting:
As part of the payroll process, we manage tax withholdings from employees' salaries, including income tax and social security contributions. Our firm ensures that these withholdings are accurately calculated, reported, and remitted to the appropriate authorities within the specified timelines.
Social Security (IMSS) Compliance:
Mexico's social security system, known as the Instituto Mexicano del Seguro Social (IMSS), plays a vital role in providing healthcare, pension, and other benefits to employees. Our firm ensures that your business remains compliant with IMSS requirements, including timely registration, accurate contributions, and proper documentation.
IMSS Contributions:
We handle the calculation and submission of IMSS contributions on behalf of your business. This includes determining the appropriate contribution rates based on employees' salaries and the nature of your business, ensuring compliance with IMSS regulations.
IMSS Registration and Documentation:
Our firm assists in the initial registration process with IMSS, ensuring that your business is properly enrolled as an employer and employees are covered by the social security system. We also handle the necessary documentation, such as affiliations, ID numbers, and related paperwork.
