Temporary imports (Can work very well for expensive products)
If you import and export, you know that it is necessary to carry out many procedures and that these vary from country to country. This can be very expensive if what you want, for example, is to send a piece from one country to another to repair something or if you want to showcase expensive equipment at an exhibition or show it to a buyer. This is where temporary imports come in. There are different permits for temporary imports, and we will discuss them in this article, the first is the IMMEX program. Manufacturing, Maquila, and Export Service Industry or IMMEX allows manufacturers to import raw materials and equipment into Mexico tax and tariff-free for a limited time (including the value-added tax, IVA). To be eligible for this benefit, the products must be temporarily imported and used in an industrial or service operation that is designed to manufacture, transform, or repair goods for export. These short-term imports must eventually become part of a larger export. The S...
