Doing Business in Mexico - NAFTA Regulations: The Latest in a Continuing Series of Offshore Group Podcasts
Doing business in Mexico profitably is often directly related to successful compliance with NAFTA rules and regulations
TUCSON, Ariz., Nov. 7, 2011 /PRNewswire/ -- "Doing business in Mexico - NAFTA Regulations," is the topic of the most current installment in The Offshore Group's continuing series of podcasts on Mexico outsourcing topics. The Offshore Group recently sat down with Steve Haywood, President of Focus Business Solutions, Inc., of Taylor, Michigan.
During the session, Haywood addresses, explains and clarifies Customs issues related to NAFTA documentation and regulations such as NAFTA Certificates of Origin, NAFTA Rules of Origin and Regional Value Content documentation. He also emphasizes the importance of companies' understanding and passing NAFTA audits. According to Haywood, "If there is a failure during a Customs audit on a company's NAFTA certificates, the company may be required to go back 5 years and pay underpaid duties. Getting NAFTA certificates right is of critical importance to manufacturers doing business in Mexico."
This audio session will be of particular listening interest to companies that are contemplating the initiation of manufacturing in Mexico operations, and can be accessed on The Offshore Group's Mexico outsourcing website.
Focus Business Solutions is a full service customs & trade management firm uniquely positioned to help domestic and multinational companies with all of their international trade and compliance needs. Focus helps to manage the operations and on-going costs of importing and exporting including duties, taxes, staffing, brokerage, and systems expenses in a wide range of industry sectors
The Offshore Group has enabled companies to establish and maintain business operations in Mexico at low cost and risk since 1986. Currently 61 businesses operate at The Offshore Group's three Mexico manufacturing industrial parks in the State of Sonora, the city of Saltillo, Coahuila, and at the Group's Vangtel subsidiary in Hermosillo. Vangtel offers Mexico shelter services to companies that occupy the call center, IT development and BPO markets, while the third member of The Offshore Group, International Logistic Solutions Company (ILS), is a leading provider of Mexico logistics services.
Website: http://www.offshoregroup.com
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SOURCE The Offshore Group
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