Establishing a business in Mexico can be a lucrative option for investors who are considering the Americas as a market. Not only can you benefit from low operating costs in Mexico, but you also easily access markets in Latin America, the United States and Canada.

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In April of 2021, Mexico’s Federal Government amended several provisions of the Federal Labor Law. The goal of these amendments was to essentially prohibit employer subcontracting or “outsourcing,” which the law defines as “when a natural or legal person provides or makes available their own workers for the benefit of another.”

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Mexico Geography and Culture,

Mexico is a strip of land connecting the continents of North and South America. In the north, Mexico borders the United States, and to the south, Belize, Guatemala, and the Caribbean Sea. To the east, Mexico is bordered by the Gulf of Mexico and to the west, the Gulf of California. Mexico lies in one of the most earthquake and volcanic-prone areas in the world. The country is made up of 31 states where the federal district of Mexico City is the capital.

Most Mexicans live in urban areas despite the fact that the country is among the most populous in the region. There are three classifications of ethnic groups in Mexico: the Mestizo or Amerindian-Spanish who account for over 60 percent of the population; Amerindian people who account for just over 20 percent; and white people. More than 90 percent of Mexicans speak Spanish which is the national language. Some speak the indigenous languages of Mayan and Nahuatl. The country’s social life is largely based on religious values and those of family and the community and over 80 percent of the country’s people are Catholic.

2021
March 15Day off for Benito Juárez’s Birthday Memorial
March 21Benito Juárez’s Birthday Memorial
May 1Labor Day / May Day
September 16Independence Day
November 15Day off for Revolution Day Memorial
November 20Revolution Day Memorial
December 25Christmas Day
  • Persona Física
  • S.A. (Sociedad Anónima)
  • S. de R.L.(Sociedad de Responsabilidad Limitada)
  • S. en C. (Sociedad en Comandita Simple)
  • S. en C. por A. (Sociedad en Comandita por Acciones)
  • S.A.B. (Sociedad Anónima Bursátil)
  • S.A.P.I. (Sociedad Anónima Promotora de Inversión)
  • Corporate Tax: 30%
  • Income Tax (Lowest Marginal Rate): 1.92%
  • Income Tax (Highest Marginal Rate): 35% + reduction of deductions (topes)
  • VAT/GST/Sales Tax: 16%
  • Banca Mifel (State Bank)
  • Banco Autofin (State Bank)
  • Banco Amigo (State Bank)
  • Banca Afirme (State Bank)
  • Banco Multiva (State Bank)
  • Bansi S.A. (State Bank)
  • Banco Ahorro Famsa (State Bank)
  • Bancoppel (State Bank)
  • Banco Monex (State Bank)
  • Banco Azteca (State Bank)
  • Banco del Bajio (State Bank)
  • Banco Inbursa (State Bank)
  • Banco Interacciones (State Bank)
  • Banco Invex (State Bank)
  • Banco Ve X + (State Bank)
  • Banorte (State Bank)
  • Banregio (State Bank)
  • Ixe Banco (State Bank)
  • Banco Compartamos (State Bank)
  • Actinver (State Bank)
  • Banco Facil (Chedraui) (State Bank)
  • Banco BASE (State Bank)
  • BBVA Bancomer (Foreign Bank)
  • Banamex Citibank (Foreign Bank)
  • Banco Santander, formerly Banco Santander Serfin (Foreign Bank)
  • Banco Volkswagen Mexico (Foreign Bank)
  • Banco Wal-Mart de Mexico Adelante (Foreign Bank)
  • HSBC Mexico (Foreign Bank)
  • Mitsubishi Bank (Foreign Bank)
  • Scotiabank Inverlat (Foreign Bank)
  • ING Bank (Foreign Bank)
  • UBS Bank (Foreign Bank)

Aadmi can support you with your expansion to Mexico. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

When expanding your business to another country, there are a plethora of different factors you have to consider, starting with why you are moving there in the first place. Do you want to capture the local market, harness local talent or some natural resource, take advantage of the local infrastructure or geographic location, or you might simply be looking for affordable labor? These questions and the underlying factors can have significant sway over your expansion decision.

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Setting up new operations in a new country can be a very exciting time for your organization’s growth; It can also be incredibly challenging. Here are a few best practices when moving into a new market or country:

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The United States Economy, Geography, and Culture

The United States is an economic, technological, and military powerhouse bordering just two countries, Mexico and Canada. The US comprises of 50 states, with Washington,  D.C. (District of Columbia) as its capital. The country has a wide variety of natural minerals, including the largest reserves of coal in the world. Its agricultural land amounts to almost 45 percent of total landmass and forests comprising 33 percent. Various natural disasters have been known to affect different areas of the country.

The United States has an estimated population of over 326 million people with a breakdown as follows: 72.4% white, 12.6% black, 4.8% Asian, and the rest classified as ‘other’ or various ethnic groups including native Americans. As of 2018, urban areas contained 82.3 percent of the country’s total population. The U.S. has a constitutional federal republic type of government. It has the largest economy in the world, with a GDP growth of 1.5 percent and a GDP per capita of $57,500 at the most recent tally.

2021
May 31Memorial Day
July 4Independence Day
July 5Independence Day observed
September 6Labor Day
October 11Columbus Day
November 11Veterans Day
November 25Thanksgiving Day
December 24Day off for Christmas Day
December 25Christmas Day
December 31Day off for New Year’s Day
  • LP (Limited partnership)
  • LLP (Limited Liability Partnership)
  • LLLP (Limited Liability Limited Partnership)
  • LLC, LC, Ltd. Co., (Limited Liability Company)
  • PLLC (Professional Limited Liability Company)
  • Corp., (Corporation), Inc., (Incorporated)
  • Professional corporation, (PC or P.C.)
  • Corporate Tax: 21% + 0–12% (state/local)
  • Income Tax (Lowest Marginal Rate): 10% (federal) +
    0% (state) + 0%–3% (local) (federal standard deduction of 12.000 USD for most)
  • Income Tax (Highest Marginal Rate): 51.8% in San Francisco, California (37% federal tax + 13.3% state tax + 1.5% city tax)
  • VAT/GST/Sales Tax: 11.725% (highest prevailing marginal state and local sales tax rate), 0% (lowest prevailing marginal rate)
  • JPMorgan Chase
  • Bank of America
  • Citigroup
  • Wells Fargo
  • Goldman Sachs
  • Morgan Stanley
  • U.S. Bancorp
  • Truist Financial
  • The Bank of New York Mellon
  • TD Bank, N.A.
  • PNC Financial Services
  • Capital One
  • Charles Schwab Corporation
  • State Street Corporation
  • TIAA
  • HSBC Bank USA
  • BMO Harris Bank
  • American Express
  • Fifth Third Bank
  • BNP Paribas / Bank of the West
  • Ally Financial
  • Barclays
  • USAA
  • Citizens Financial Group
  • State Farm
  • MUFG Union Bank
  • UBS
  • Northern Trust
  • KeyCorp
  • Santander Bank
  • Ameriprise
  • RBC Bank
  • Regions Financial Corporation
  • Credit Suisse
  • M&T Bank
  • Deutsche Bank
  • Huntington Bancshares
  • Discover Financial
  • Synchrony Financial
  • BBVA USA
  • Comerica
  • Silicon Valley Bank
  • E-Trade
  • People’s United Financial
  • CIT Group
  • New York Community Bank
  • Popular, Inc.
  • Mizuho Financial Group
  • Synovus
  • Raymond James Financial
  • CIBC Bank USA
  • TCF Financial
  • First Horizon National Corporation
  • BOK Financial Corporation
  • East West Bank
  • First Citizens BancShares
  • John Deere Capital Corporation
  • Valley National Bank
  • Wintrust Financial
  • Texas Capital Bank
  • FNB Corporation
  • Frost Bank
  • Pinnacle Financial Partners
  • Associated Banc-Corp
  • BankUnited
  • IberiaBank
  • Hancock Whitney
  • Prosperity Bancshares
  • Webster Bank
  • Sterling Bancorp
  • Western Alliance Bank
  • Umpqua Holdings Corporation
  • Commerce Bancshares
  • Flagstar Bank
  • Investors Bank
  • UMB Financial Corporation
  • PacWest Bancorp
  • Stifel
  • Sumitomo Mitsui Financial Group
  • MidFirst Bank
  • Fulton Financial Corporation
  • First National of Nebraska
  • Macy’s
  • Simmons Bank
  • First Hawaiian Bank
  • Old National Bank
  • Arvest Bank
  • United Bank (West Virginia)
  • FirstBank Holding Co
  • First Midwest Bank
  • CenterState Bank
  • Bank of Hawaii
  • Cathay Bank
  • Ameris Bancorp
  • Atlantic Union Bank
  • Washington Federal
  • Cadence Bank
  • Mechanics Bank
  • South State Bank
  • City National Bank of Florida

Aadmi can support you with your expansion to the United States. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Once a central part of the Mayan civilization, modern Guatemala got its independence from Spain in 1821. It is a Central American country bordered by Mexico to its north and El Salvador to its south. Guatemala is the most populated nation in Central America with agriculture accounting for 13.5% of the GDP. The country primarily exports products like sugar, vegetables, coffee, and bananas. Unfortunately, over half their national population lives below the poverty line and about 23% live in extreme poverty.

With a population of 15.4 million, Guatemala has several ethnic groups including Mestizo and European (60%), Maya (39.3%), and non-Mestizo and Non-Maya. Spanish is the main language followed by Mayan languages. Religion in Guatemala includes Roman Catholic, Indigenous Mayan beliefs and Protestant Christianity. Guatemala is also known for its rich biodiversity and ecosystems, including several species that are endemic to the region. Resulting from political instability, lack of economic opportunities, and natural disasters, Guatemalans have a history of both legal and illegal immigration to neighboring countries.

2021
April 1Maundy Thursday
April 2Good Friday
April 3Easter Saturday
May 1Labor Day
June 28Army Day Holiday
September 15Independence Day
October 12Dia de la raza
October 20Revolution of 1944
November 1All Saints’ Day
December 24Christmas Eve
December 25Christmas Day
December 26Boxing Day
December 31New Year’s Eve
  • y Cía. S. C. (Sociedad Colectiva)
  • y Cía. S. en C. (Sociedad en Comandita Simple)
  • Cía. Ltda. (Sociedad de Responsabilidad Limitada)
  • S. A. (Sociedad Anónima)
  • Cía. S. C. A (Sociedad en Comandita por Acciones)
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 5%
  • Income Tax (Highest Marginal Rate): 7%
  • VAT/GST/Sales Tax: 12%
  • Agromercantil
  • Azteca Bank
  • Bank of Antigua
  • BAC Bank
  • Citi Bank
  • Credito Hipotecario Bank
  • De Credito Bank
  • Bantrab Bank
  • G&T Continental Bank
  • Industrial bank
  • Inmobiliario Bank
  • Internacional Bank
  • Ficohsa Bank
  • Reformador Bank
  • Vivibanco Bank

Aadmi can support you with your expansion to Guatemala. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Drug Testing Abroad

Employee Drug Screening has been commonplace for many employers for the last few decades. However, when you require service outside of your home country’s borders, it’s often difficult to figure out what testing is available, legal, and accessible for your international employees. 

What type of international drug testing is available?

We offer international drug testing solutions in over 80 countries to ensure your drug testing program’s consistency. We work with top-rated SAMHSA (Substance Abuse and Mental Health Services Administration) labs and certified collection sites in over 80 countries. Tests are conducted as either 5 or 10-panel tests, according to your organization’s internal requirements.

5 Panel Testing Includes:

  • THC (Marijuana)
  • Cocaine
  • Opiates
  • Amphetamines
  • Phencyclidine

10 Panel Testing Includes the 5 Panel Testing items, plus:

  • Methadone
  • Propoxyphene
  • Barbiturates
  • Benzodiazepines
  • Methaqualone

Where do we provide drug testing services and support?

Countries we currently operate drug testing services include:

AfghanistanEnglandMarshall IslandsThailand
ArgentinaEquatorial GuineaMexicoThe Netherlands
ArubaEgyptNew ZealandTrinidad and Tobago
AustraliaFinlandNigeriaTurkey
AustriaFranceOmanU.S. Virgin Islands
BahamasGermanyPakistanUnited Arab Emirates
BelgiumGuamPanamaUruguay
BelizeGuatemalaParaguay
BermudaHondurasPeru
BoliviaHong KongPhilippines
BrazilIndiaPoland
CanadaIndonesiaPuerto Rico
ChildIrelandRomania
ChinaIsraelScotland
ColombiaItalySingapore
Costa RicaJamaicaSlovenia
DenmarkJapanSouth Africa
DjiboutiKenyaSouth Korea
Dominican RepublicKuwaitSpain
EcuadorLebanonSt. Kitts
El SalvadorMalaysiaSweden

 

When is it appropriate to request a drug screen for my international employee?

It is vital to understand the local regulations concerning drug screening before requesting your employee or new hire to participate in testing.

Our team will provide you with the guidance necessary to compliantly request testing based on the jurisdiction requested. As these laws are highly inconsistent across borders, we give you the tools necessary to proceed compliantly and confidently in this process.

Examples of international drug testing policies:

  • Drug testing in France is legal for companies to test active employees. However, an employer may not test a prospective employee until their employment contract has started. Occupational Medicine centers test employees and do not disclose the results merely if the employee is fit to be employed based on the job requirements.
  • In Germany, an employer can request a candidate complete a drug screen before obtaining a signature on the employment contract. Like France, employers are not privy to seeing the individual’s results, only whether the employee may proceed with employment per the organization’s drug policies. 
  • Swedish employers are permitted to request drug testing for both employees and candidates for employment before contract signature. Employees must be notified well in advance. There must be a legitimate business reason to request the testing, such as the employee working in construction or security where there could be significant risks if drugs were used on the job. Screening must also be consistent to avoid any potential discrimination. 

How do I request a quote for the drug screens I’d like to have conducted?

Ready to get started? Send us an email – checks@aadmi.com. Here’s what we’ll need from you:

  1. The country where you would like the check conducted
  2. Checks that you are interested in conducting – 5 panel or 10-panel drug screening
  3. First and Last Name of individual
  4. Email Address of individual

Read additional information on drug screening and labor laws here.