Chihuahua, Chih., February 13th, 2024
Dear Friends and Clients,
As part of the social security compliance of the companies registered in the Public Registry of Contractors of Specialized Services or Specialized Works (“REPSE”) entered into by the Mexican Sociatl Security (“IMSS”) and the Labor Ministry (“STPS”), we hereby inform you the following:
Last November 22, 2023rd, a cross-check of information between REPSE and IMSS records was carried out to detect any non-compliance by contractors.
For this reason, on February 8th a joint bulletin by IMSS and STPS was issued in order for such contractors to review and, if necessary, regularize their social security situation, since non-compliance with tax or social security obligations is a cause for cancellation of the REPSE registration and may also be grounds for tax penalties.
We look forward in providing you with our legal expertise to duly comply with all the aforementioned, our law firm is prepared to provide effective and timely legal support required to comply with the annual legal obligations and prevent any related legal risk.
You can contact either, Rolando Castellanos-Macal at rcastellanos@iclmx.com; and Jorge Almanza-Ríos at jalmanza@iclmx.com; for any further information that you might require.