The time and procedures to open or close a business, as well as to get construction permits are critical
factors for international business success.
Number of procedures for opening a business
In Mexico, an investor needs only 6 procedures in order to open a company. This number is significantly
lower than in India, Brazil or China.
Time needed for opening a business
In Mexico a business can open in 9 days, while in China and Brazil 33 and 119 days are needed,
Number of procedures needed to obtain construction permits
In Mexico 10 procedures are required for construction permits, which means that it is easier to obtain them
here than in Czech Republic, India and China where a triple amount of procedures is required.
Time needed to get construction permits
In Mexico, construction permits are much quicker than in India, Poland, China and Brazil. While in Mexico it
takes 81 days, in China investors need 301 days or 469 days in Brazil.
Years for creditors to recover their credit
In Mexico creditors can recover their credit in 1.8 years, which less time than the one needed in Brazil,
Russia, India, Chile and other competitors.
The recovery rate is recorded as cents on the dollar recouped by creditors through the bankruptcy,
insolvency or debt enforcement proceedings.
Additionally, the recovery rate for closing a business in Mexico is 67.3 cents, 37.3 cents more than Chile and
51.4 cents more than Brazil.
Mexico offers significant savings in labor force costs compared to other potential investment locations in America, Europe or Asia. Transferring operations from US to Mexico may generate savings in labor force costs.