Nearshoring is a business strategy that involves outsourcing operations or business processes to nearby countries, thus taking advantage of geographic and cultural proximity to improve efficiency and communication in the supply chain and service delivery, allowing companies to reduce costs, improve communication, and take advantage of the geographical location of a nearby country.
Mexico has stood out as a nearshoring destination for several compelling reasons. First, its strategic geographic location places it in an advantageous position to serve the North American and Latin American markets. Proximity to the United States and Canada facilitates access to these key markets and offers competitive labor costs compared to other North American countries. This is especially relevant in sectors such as manufacturing and technology, where savings can be significant.
In recent years, Mexico has experienced sustained growth in key industries such as information technology, customer services and manufacturing, which has consolidated its position as a preferred destination for various industries that have decided to adopt this strategy. This has led numerous sectors to choose Mexico for outsourcing services and operations.
In addition, thanks to Mexican policies that encourage foreign investment, the arrival of foreign companies has increased and with them some challenges in labor and tax matters, for those who use this figure, which requires constant improvement and adaptation.
That is why, if your company is interested in investing in Mexico, in Vega, Guerrero & Asociados, we have a deep knowledge of several key areas that your company needs to operate successfully in this market. Our experience ranges from corporate law to assist you in the incorporation of your company, tax advice to help you take full advantage of the benefits that can be granted to this type of investment, to the management of labor issues to ensure efficient operation and compliance with local legislation of your company in the country.
As the business environment evolves, nearshoring will continue to be a necessary and viable option for the development of many companies, especially those seeking efficiency and competitiveness in an ever-changing global market.