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@wmp-mexico-advisors
The demand for virtual assets these days is so high that central banks around the world are considering issuing their own digital currencies. This is a totally new method and the blockchain community is becoming bigger and bigger. On December 29, 2021, the Mexican government announced its interest in Banxico having its own digital currency.
💸 Want to know more about cryptocurrency and new payment methods in Mexico?
During the pandemic, global tourism in Mexico suffered severe setbacks and still needs to fully recover within the next years. Even during these hard times tourists were allowed to enter the country but the interest was lower than usual. The region around the Mexican Caribbean seems to be recovering the fastest.
➡️ more facts and numbers on how the pandemic influenced the Mexican tourism we summarized in our blog article
The shipping industry is under pressure and need to reduce carbon dioxide emissions asap. The target due to Paris Climate Agreement ist to reduce the emissions by 50% by 2050 compared to 2000 levels. One of the tasks on the list to achieve the goal it to reduce the greenhouse emissions from the shipping industry by implementing green fuels. We can say: Mexiko is developing into “Green Shipping Center Mexico”. ➡️ We summarized more informations in our new article on the blog - check it out.
The Pharmaceutical Industry in Latin America is growing for years. The underestimated country has a big potential to become one of the leaders for important pharmaceutical companies. Read in our new article what Bayer has in stock for Digital Health and what sustainability really means there.
Programmers are the future of Mexico
Digitalization in Mexico is making quick progress - and the demanfd for programmers is great. Computer developers are becoming more and more important in the tech companies but also companies from different branches. Their work represents an important income source and their performance is having a direct impact on the economy. Why programmers are the future of Mexico, you can read in the latest article of WMP Mexico Advisors.
Opening of liaison office in Shanghai
We open our WMP Representation Branch Office in Shanghai. WMP wants to also enable Chinese companies to enter the Mexican market. In an interview our Managing Director speaks about the advantages the market offers for Chinese Companies, how WMP can help thos companies to success and explains the most attractive industries on the Mexican Market. You can read the interview in full-length here.
Outsourcing is an efficient management tool that facilitates the administration of a company’s tasks. It becomes more and more popular in Mexico. To stay updated when it comes to tax and accounting can be a challenge or may take a lot of time. That is why WMP Mexico Advisors is your partner when it comes to doing business in Mexico. A wide range of offers to make work easier and safe - check it out.
Mexico City is popular, especially among startup founders. This megacity offers a wide range of advantages to young entrepreneurs – the Benito Juarez International Airport features great flight connections among the flights departing daily to the U.S. and Europe thus, connecting young entrepreneurs with customers, investors, and service providers. Another great advantage is Mexico City’s infrastructure – metro, metro bus. Do you want to read more? Read our new article about about why mexico is the startup hub of latin america >
The Rewards of Agility in a Competitive Digital World
Agile methodologies are a popular delivery framework usually associated with building websites , software and technology solutions.
Working in an agile way in this sense means moving away from ‘big bang’ launches, complex documentation and immovable project plans. You get fewer unforeseen problems, less risk and faster tangible change.
But the principles of agility have the potential to transform more than your technology processes.
With digital transformation an imperative for businesses that want to stay competitive, embracing an agile approach could help you deliver real change rapidly across your organisation
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Agility will become more and more important. Digital Transformation is a must-have to stay competitive. We agree.
Are you a small or medium sized company in Mexico? Consultancy and advise on the introduction and use of SAP Business One and SAP R3/S4 systems by focusing specifically on Mexico’s special requirements can be a real challenge. Topics like: Implementation and Project Management, Training, Maintenance and Support, Hosting and Consulting and IT-Service and Offshoring are hard to combine. WMP is an expert when it comes to Digital Services in Mexico.
Small businesses and the restaurant industry are suffering from the restrictions due to the pandemic. Social Media is becoming more important to companies that did not had focused on the marketing channel before crisis. #Contagiaamorlocal is the hashtah small business needed! Customers are asked to publish products they buy from local stores with the hashtag and the merchant’s account. More exposure and new clients are the positive effects. Social Media is bringing people together now more than ever. The crisis as an opportunity and Instagram as a helping hand for Mexican Companies
Probably you may already have realized the potential in relation to business relations between Germany and Mexico but the right contact person or company is still missing. WMP Mexico Advisors is an international consulting company specialized in taxation, accounting, and legal matters. They have offices in Queretaro, Mexico City, Puebla, Stuttgart (Germany), and Greenville (S.C., USA) and are your partner of the right choice.
The majority of women in Mexico are working in the economy sector. Without security and social protection. But there is progress - still many countries around the globe have issues with emancipation of women in leading positions. In March “Brujas del Mar”, the women collective, organized a demonstration to make a sign and people went on the streets. The role of women in the Mexican labor market is developping.
Mexico is attractive for many international companies. New Mexican government reforms have led to an increase in foreign direct investment. Framework conditions that are favorable for companies will continue to generate new expansion projects in the future. Mexico offers perfect conditions for investment: an ideal geographic location, excellent commercial relationships, and a promising economy with a young and well-trained workforce.
Since the beginning of this year, the coronavirus has been holding the world under its spell. Production partly shrank nearly 64% in automotive industry. Recovery is a process, but we are optimistic for the Mexican economy. The integration of Mexico with the USA and Canada will do a progess. We published an industry check on Mexico’s economy.
When it comes to tax consulting, you need a partner you can trust 100%, right? Someone who is taking full responsibility and can assure your business is compliant with all the rules and regulations. Due to constant change in Mexican’s Tax Law, it might be hard to find the right one. Our service includes managing tax refunds and all procedures with local tax authorities, including audits. Tax consultancy made easy!
The majority of Mexican women are working in the informal economy field where jobs are poorly paid and often with no social protection. Good news: the trend is rather positive towards gender equality in Mexico. Poorly, still women in Mexico are better represented in foreign companies based in Mexico than in Mexican companies. If you are curious what “Un día sin nosotras” means, read more about the role of woman in labor market.
