Starting a business in PDC or PM

Discussion in 'Living in Cancun' started by jaybonecrow, May 4, 2014.

  1. jaybonecrow

    jaybonecrow Enthusiast Registered Member

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    Whos got some insight on a US native starting and owning a business in Puerto Morelos or PDC?

    We own and operate a dive shop in Texas and would like to expand into PM or PDC. We cant live there full time but maybe part-time or a little less.

    Questions:

    What does it take to open a small dive/snorkeling shop in MX?
    (We would like to sell Tshirts and dive related stuff too)

    Rules on buying and owning a boat in MX?

    We also want to offer a van shuttle service to and from marina to hotels.
    We own a van and would like to ship it to Cancun.
    What's involved in getting a Texas van registered in MX?


    Know of a good MX business attorney to help me set up an LLC?
     
  2. V

    V I can choose my own title Registered Member

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    Not sure where the idea that you must have a Mexican partner comes from, Marlo. Mexican law requires two incorporators to create a Mexican corporation, neither of whom need be Mexican. They don't even have to be residents of Mexico.
     
  3. V

    V I can choose my own title Registered Member

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    This is true, but our poster is asking about a dive shop business. Americans and Canadians are free to start any business that is not reserved to Mexicans under the NAFTA treaty, so far as I know the law here.

    To no greater extent than Mexicans do, if they are establishing a corporation for the conduct of their business.

    The immigration office is no source for information on anything other than immigration.

    As for immigration a foreigner who establishes a corporation for the conduct of business in Mexico has the right to a resident immigration status for the purpose of conducting the business of the corporation.

    Again, Marlo, what are you basing these opinions on? Mine is based on an actual reading of the Mexican law and relevant treaties.

    If in any way I've misstated the law I would welcome anyone quoting to us the relevant law and providing citations in the Mexican Law so that we can see it, and correct any misunderstandings I may have about what the law says.
    ___________________

    There may be many practical reasons why a foreigner would welcome Mexican participation in their business but necessity based on limitations in the law would not be one, insofar as I'm aware of the provisions of Mexican Law and the options for structuring businesses here.
     
  4. V

    V I can choose my own title Registered Member

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    Just in case the OP is still interested here is a pretty good summary of the processes and procedures available, formally, through the Mexican Laws.

    A guide to establish your business in Mexico

    Last time I checked it cost around $1,400 U.S. in official fees and attorney fees to set up a corporation here.
     
  5. canukcun

    canukcun Enthusiast Registered Member

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    Have you ever traveled to Q.Roo?




    P.M. has stuff right on the waterfront. Morelos is fairly small, but has lots of boats. Apparently it is slowly growing, it still has a partially virgin feel to it. Not a whole lot of stuff there. I rented a house there for a couple weeks in the colonia "suburbs" They have developments there very cheap houses if I had 40k to lay down I'd definitely buy a house in PM's colonia, very nice location fairly quiet I like the mobile announcers makes things seem foreign and exotic.Problem is I'm not sure if it is within the 50km ownership exclusion that bars foreigners from buying land close to the coasts... anyone know how that works in Q.Roo?

    Starting a business usually involves the purchase of land or Mexican partners.

    I think there is an investor class for residency and after a number of years you could be eligible for citizenship.

    As a citizen operating a business will be easier.

    Otherwise you will have to probably fine a good lawyer to manage your affairs. The US consulate has a listing of suggested lawyers at the local consulate site.

    I'm not aware of great difficulty with sailing in Mexico.. but you might want to register it in the US. As far as I am aware you need to check in at the local ports, each port has an office Captain of the Harbour etc..


    As a resident I think you can buy a vehicle, importing a vehicle is allowed for a certain period but there is an import fee and it is highly suggested to get Mexican insurance which can be done at the border for very affordable rates.

    Importing vehicles can be more difficult. Normally to import there are fees involved. I would suggest just using a taxi as they are incredibly cheap or the bus which are even cheaper. Most stuff is located in the core or a few blocks away. Unless you plan on travelling you should be able to get around OK. If you want to ferry people around you could consider a collective rental or getting in touch with local tour operators.

    None the less if you have the money to spend and plan on staying Mexico has awesome rates on scooters that can be bought in grocery stores, and there are plenty of Mexican vehciles (not the same as US vehicles) Mexican vehicles are way hardier which is useful if you plan on driving anywhere not Americanized in Mexico due to topes and roades. Driving in Mexico is fun but sometimes unexpected things happen and there are non paved areas as the sole travel routes in some areas of Mexico. Washouts and giant pot holes, and unlighted stretches of Highway occur.

    I also suggest tire foam, it is a lifesaver.


    [/quote]

    As stated the Consulate in Cancun has a list of attorney's. I would sugest contacting them as you may want to register with them anyway.

    None the less I personally have only communicated with lawyers in Merida.
    The justice system imo in Mexico is way more straight forward and simple and streamlined. Be aware civil law doesn't exist the same way in Mexico. Which could be good for someone wanting to establish a business there.
    IMO fraudulent business practices are more protected in Mexico as the response to fraud is generally contacting a third party not for profit BBB type agency.

    Still it is the government you need to mitigate with.

    Also in the past I have read about extortion rackets by cartel groups in Q.Roo, I'm not sure if this is still ongoing or if it even actually occurred.

    I had a run in with a Federal Police Officer on my last trip and he explained that there are a lot of criminal organizations active.

    IMO though NEVER NEVER NEVER leave anything on the beach if you are doing a dive shop - I left a bag with over 10000 dollars on the beach next to Mamamita's beach club January 2012 at like 8:30 in the morning... and had it stolen as I was snorkling.. the beach cleaners seemed to watch it happen... all my ID, all my savings including loans.. wiped me out financially. That same day my snorkel mask was stolen.
    If you leave anything unattended it will likely be taken. Be aware beach areas in Mexico or even commercial areas are totally unsafe to leave any personal belonging off your person even if you are only a few feet away.

    Also I had a bank card skimmed at an ATM in Playa likely around the beach as I only used a few. I didn't personally loose any money but my bank lost a couple hundred.

    Be very safe with your personal kit and money... people can be totally totally disrespectful of people's money and property at a far higher level than in the states or Canada.

    All in all an awesome country but be very careful with anything of value, they likely have armed guards with shotguns, assault rifles, and submachine guns outside banks and jewelry stores for a reason.

    None the less I think the south of Q.Roo is less saturaded and more virgin in terms of tourism. Chetumal which I don't know a lot about is the center of tourism for a lot of places and it has perhaps the most beautiful bay in Q.Roo.


    If you get this set up and want to do it, by all means contact me if you can get me into the Mexico on a work Visa. I'm in Canada, and would love to spend Around October to the End of April in Mexico each year. I speak English, know some Spanish, and French.

    I don't yet have my DM but have my PADI rescue Diver and NAUI Deep and EANx. I am certified with the Red Cross in Standard FIrst Aid incl. CPR AED at the Health Care Provider Level, plus a bunch of other certs and skills. Very willing to increase my training. I have sales and phone experience also.

    None the less there are quite a few dive shops in Cancun and and Playa, many in Playa are quite visible. I've dived to the south including cenote diving and on the reef in Cozumel. including the one of wreck dives.
    Keep me in mind:
    intracircumcordei@yahoo.ca

    IMO I would view PDC's dive shop environment as highly saturated. I'm not aware of there being a shortage of divers to take people out and the rates are very bargain, not quite as bargain as an Island off the coast of Honduras but pretty decent.

    I'm not too aware of Cancun, but as far as I am aware usually hotels have arrangements for diving, much like all their other tours. It is all very organized.

    Curious to see how it works out.

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    Bear Wise Program
    April 2014
    Outland
    The Ministry of Natural Resources is committed to reducing preventable causes of human-bear conflict in Ontario. The Bear Wise Program teaches people about black bears as well as things they can do to keep bears away from urban and semi urban areas. We work with community leaders to establish local prevention programs. We offer many education and awareness products including a website. We provide a bear information and reporting line. We work in partnership with police to respond to human-bear incidents.

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    If Dragon Mart goes ahead Morelos will likely get a massive secondary boom... eco is a concern though.


    http://www.eluniversal.com.mx/finan...nueva-crisis-obra-de-dragon-mart-1004847.html
     
  6. Marlo

    Marlo Guest

    Ratings:
    +0 / 0
    Again, Marlo, what are you basing these opinions on? (insert freakishly self-absorbed, always gotta be right even when I'm wrong, voice here)--Mine is based on an actual reading of the Mexican law and relevant treaties. (snicker, snicker)

    What am I basing my opinions on? Gosh, you just don't know when to give up do you? Your insatiable appetite to always be right is unnerving, really. They're not opinions, Joe. I'm basing my findings on first-hand, personal experience. I'm smack-dab in the middle of starting and registering my own company...which you may recall from recent PMs.

    As per your INM comment -- INM is where one goes for work permits, so contrary to your remark, it is relevant.

    Your 'tell-all business link' is 1) undated and 2) is from the Swedish Trade Council...on how to do business in Mexico. It seems your hasty search to try to disprove a fellow forum participant (yet again) has resulted in a poor choice.

    :deadhorse:
     
    Last edited by a moderator: May 25, 2014
  7. canukcun

    canukcun Enthusiast Registered Member

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    Ratings:
    +4 / 0

    I forgot to add finding a slip in Mexico can be difficult at times. I suggest securing a slip if you don't plan on anchoring out before you commit to buy a boat.


    There is a lot of traffic around cancun so a port may open up from time to time if you know where to ask. I would suggest getting ahold of the local club to see if there is anything available. Talking with them or going on one of the catamaran tours and chatting with the very friendly crew may be able to get you more info on the seaside of things.


    Cancun has much more established infrastructure than P.M. oddly there are a lot of smaller fishing boats at PM and I think the industrial port there is shutdown.. not sure though.

    There is also the port just outside PDC next to xplor xcaret etc.. I think it may be more industrial though.
     
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