NEW MAQUILADORA DECREE

PUBLISHED Nov 1, 2006

(Effective Nov. 13, 2006 - cancels old Maquila and PITEX decrees and includes the simplified Control of Inventory Requirements previously in ANEXO 24)
 

PITEX Decree -- December 19, 2005 - CANCELLED NOV. 2006

Decreto que Establece Programas de Importación Temporal para Producir Artículos de Exportación

Decree that Establishes Programs of Temporary Importation for Producing Articles of Exportation

The Secretary of Economy has issued reforms to the Maquiladora Decree and the Pitex Decree designed to streamline some of the paperwork and processing required from Maquiladoras. The language of the introduction is a little bit stronger than we have seen, the Maquiladora industry is now a "priority sector" for the Federal Government and that it is necessary to "eliminate obstacles to the operation of companies and to develop the control from the present schemes of excessive restriction towards retroactive schemes of control." An objective of these reforms, according to the decree is "to give legal certainty to the exporting community."
 
 This updated version of the translation of the Decrees includes the last 2 versions of the documents. It may be useful to compare the previous decrees to see exactly what the reforms appear to include. The reforms, additions, and cancellations are color coded in the documents so that you can easily review the reforms.