IMMEX provides an cost incentive for companies that manufacture and export goods from Mexico. The incentive allows a manufacturing company to carry out “temporary” importations of production parts, materials, and assets without having to pay the otherwise assessed value added tax - which is 16%. Manufacturing companies that are registered under IMMEX and import goods “temporarily” must export those goods out of Mexico within a certain time frame, “transfer” those goods to another IMMEX company within Mexico, or change the status of “temporarily” imported goods to a “definitive” status. Enjoying the benefits as a registered IMMEX company requires certain record-keeping and inventory controls for trace-ability during regulatory audits. To be registered under the IMMEX program with Mexico's Department of Economy and to gain the program's incentive, the manufacturing company must be in the business of directly or indirectly producing goods that are subsequently exported. Learn More about IMMEX