ATTORNEYS AT LAW
FOR MEXICO
Please contact
us at our Mexico offices located at:
Apartado Postal No. 9
San Miguel de Allende, Guanajuato, Mexico
U.S. TEL: (800) 856-5709
Local Phone & Fax: (415) 152-3648
E-MAIL
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For professional assistance & information
on legal & business matters regarding
Mexico and Latin America, please contact:
E-MAIL
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BUSINESS
CONSULTANTS FOR MEXICO
REAL ESTATE BROKERAGE ASSISTANCE FOR
MEXICO
At our Phoenix or Mexico Offices
Tel: (623) 242-7442
Fax: (623) 242-7443
P.O. Box 42773
Phoenix, Arizona 85080
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FRANCHISING. Franchising opportunities have grown in Mexico
in the years
and continue to grow.
There exists increased interest
of legal and government protection, and tendency to some financial backing from
banking institutions along with a tendency of foreign businesses to enter
Mexico. Franchising gives certain security to
the new businesses since the formula is tried and proven and costs for setup may
be less since all is acquired with the purchasing powerof a large corporation,
along with proven marketing.
PRIOR
1990. Prior to 1990 there was more red tape, registry
of franchise contracts, limits on franchise payments and unsuccessful
protection. Since then there has been better trademark and trade name
protection.
In
the Month of November of 2001, a new set of tariffs were imposed by the Mexican
Institute of Industrial Property, which increased the prior tariffs in many
cases by as much as 100%.
PROBLEM
AREAS. Notwithstanding the 1991 legislation, there still could be better
protection and improved governmental handling of the cases that come before it.
As well, there is still not enough access
to loans for capital investment in franchises (and many other types
of businesses), although the Mexican banking institutions are beginning to look
to cash flow rather than assets for loan qualification (see Section 6. for new
capital infusion in Mexican banking).