All foreigners in Mexico on Residente Temporal & Resident Permanente visas, and anyone over age 18 with a CURP, face 3 new requirements by July 1’st, 2022. The latest changes to Mexican law will require foreign residents to: 1. Get RFC numbers (Registro Federal de Contribuyentes) from SAT-Hacienda to register as a taxpayer-resident in Mexico, […]
What happens when SAT discovers you depositing money to someone without RFC
If you usually deposit cash to relatives, employees, vendors accounts or make transfers but they do not have an RFC, this may happen to you if the Tax Administration Service notices. If you are one of those who usually make cash deposits or bank transfers to members of your family, or employees but the beneficiary has not registered […]
Mexico legal residents 18 and over have to obtain an RFC# or SAT will fine you up to $11,600
This measure of the Tax Administration Service would be accompanied by fines to make it mandatory for all individuals of legal age. Since last month, when the Tax proposal 2022 was presented, it was announced that the Tax Administration Service (SAT) would make it mandatory to register in the Federal Taxpayers Registry (RFC) for all legal residents when they meet age […]