Expert Info

Posted by TravelB
on 28 May 2016
Hello community. I'm totally new on here an desperately need some advice. I am in the early stages of creating a travel/ tour business, catering for LGBT visitors to Mexico, and I desperately need some advice. I really hope you can help me. I am currently considering registering the company in the UK or Mexico and trying to get as much information as possible to make an informed decision. My initial questions: In the near future I will be moving to Playa del Carmen. Therefore will I need to be considered a resident of Mexico the time of application, for example do I require a lengthy home address in the country or can I apply immediately upon entry? I will be operating the business solo, but will hiring local staff on a contract basis, so will it be difficult for me to form a limited company (LLC)? As it is only me, is it possible to use my accountant (for example) as the additional person, with no risk? Is anyone aware of trading laws/ regulations in Mexico specific to the travel industry which one must adhere to? i.e. must you be a member of a particular commission (eg. IATA) to be able to sell flights as part of your travel company? As my business will be online, I will be requiring merchant services to process client payments by credit card. Is the process of opening a business bank account difficult for foreigners? Can a foreigner obtain merchant facilities? Finally, I'm sure each case is different but roughly what timescale am I looking at to be fully incorporated and ready to operate. So many questions, I know (and I'm sure I will have many more) but I very much appreciate you taking the time to read through. I hope very much to hear from someone soon. :)
Shantalie on 30 May 2016
Hi TravelB,

i suggest you start by reading the doing business in Mexico page, it should answer at least some of your questions?

Do you have any colleagues or business contacts in Brazil? They are often the best source of information.

Regards

Shantalie

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