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Today there are four different documents necessary for the export of goods: the COVE (Electronic Value Receipt), the petition, the proforma and the electronic invoice.

Due to the long process that taxpayers must carry out and seeking to have better control over the exported merchandise, the SAT continues with its Fiscal Simplification program this time in Foreign Trade.

Exporting taxpayers will enjoy a simplification in their export procedures by incorporating the new Foreign Trade complement into their CFDIs, since these electronic invoices will have all the important information that was previously detailed in the COVE, the petition and the proforma.

The objective of the Tax Administration Service through this tax simplification is that the aforementioned documents (COVE, proforma and pediment) can disappear and CFDIs with the integrated export complement are used throughout the export process.

Currently there is an extension, until January 1, 2017 to make valid the obligation to declare the CFDI in the export petition, which will be published very soon by the SAT.

The extension is due to the fact that the authority in the coming months will be studying and analyzing the different operational schemes that exist in definitive exports, in order to establish the guidelines that must be followed in the issuance of CFDI and in the procedures of these operations in order to expedite the dispatch of merchandise.

 

Benefits that customs agents will have by having the registry called Certified Commercial Partner

We inform you of the benefits that customs agents will have by having the registry called Certified Commercial Partner in accordance with the amendment to RCGMCE 7.3.9. published on May 9 of this year.

 

BENEFITS:

  1. Customs agents will not be considered to be in the event of patent cancellation when:

 

  1. At the time of dispatch the permission of the competent authority is not presented, as long as the value of the merchandise does not exceed an amount equivalent in national or foreign currency to 3,000 dollars (except: samples, samples, vehicles, prohibited merchandise, powders, liquids or gases that require analysis to know their composition, nature, origin and other characteristics necessary to determine their tariff classification).

With advances in technology and globalization, foreign trade has become increasingly complex. Many commercial transactions between countries that take place today do not comply with the transparency, standards and regulation that they need.

The SAT will put an end to all these types of problems with the new obligation of the foreign trade complement.


Mexico and 11 other Pacific countries reached an agreement on Monday on an extensive trade pact that will reduce tariff barriers and establish common standards for those nations, this pact is known as the Trans-Pacific Partnership Treaty (TPP).

This initiative was promoted by the United States, in Los Cabos, during 2002 to promote the liberalization of trade and investment.

On October 5, 2015, the TPP negotiations concluded and following the signature of the Trade Ministers, held on February 4 in Auckland, New Zealand, all TPP countries will have to carry out their internal legal processes in order to that the treaty is approved; In the case of Mexico, on April 27, 2016, the official texts of the Trans-Pacific Partnership Treaty (TPP) were delivered to the Senate for discussion and eventual ratification, in strict adherence to the Law on Approval of International Treaties in Economic Matter

The TPP is the most relevant and modern trade agreement in the world, since it has 30 chapters that include, in addition to the topics traditionally incorporated into free trade agreements (such as market access, rules of origin, services and investment) , other disciplines to regulate the activities of state-owned companies, intellectual property, regulatory coherence, electronic commerce and facilities for Small and Medium-sized Enterprises (SMEs), among others.

 Canada and Mexico mutual recognition agreement

Mexico added its third arrangement of mutual recognition of its Authorized Economic Operator (AEO) program, AEO certification, an international initiative promoted since 2005 by the World Customs Organization (WCO), aims to have greater visibility and trust from all stakeholders involved in the foreign trade supply chain.

Mexico already has other mutual recognition with the United States and South Korea, and plans to initiate an action plan with a view to integrating another multilateral mutual recognition arrangement with the participants of the Pacific Alliance (Colombia, Peru and Chile), which also it would be signed during the global conference.

It should be noted that so far there are 69 countries worldwide that already have an AEO program.

Mexico has rules to certify importers, exporters, land transport companies, customs agents, and recently industrial parks, strategic and controlled areas, courier and parcel firms, and rail transport.

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