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New Law on Importation of Vehicles recently published

Posted by hillma on January 30, 2009, 17:28:50
201.138.30.X

DEFINITIVE IMPORTATION OF VEHICLES.
By Ana Lilia Lozano
All Rights Reserved. Jan. 2009

During the last years Mexican Federal Government has been issuing limited term decrees by means of which conditions are established for the definitive importation of ‘used’ vehicles from the United States and Canada, either to be used within the northern border’s States or within the whole territory of Mexico.

According to the NAFTA (North America Free Trade Agreement) it is established that from January 1st, 2009, Mexico is not entitled to keep or maintain any prohibition or restriction to the importation of used vehicles that are made in the countries that are members of NAFTA and that are 10 years old or older.

Based on the above, Mexican Federal Government has decided to continue with all necessary actions to organize the used vehicles market in Mexico to allow their definite importation, including not only 10 year old or older vehicles but also those that are 5 to 9 years old that are to be used within the ‘border zone’ located in the northern States of Baja California, Baja California Sur, part of Sonora State and Municipalities of Cananea and Caborca in Sonora.

For the above, as of December 24, 2008, it was issued a “Decree by means of which are established the conditions for the definitive importation of used vehicles” which will be current from January 1st 2009 to December 31st, 2010.

This Decree in general terms establishes the following rules to follow by those interested owners of used vehicles that interested in applying for a definitive importation:

1) These vehicles have to be made in the members’ countries of the NAFTA.
2) These vehicles have to be 10 years old or older if are going to be used within the whole Mexican territory and from 5 to 9 years older if are going to be used exclusively within the ‘border zone’ above mentioned.
3) Vehicles have to be registered before the Public Registry of Vehicles after definitive importation.

Those used vehicles were temporarily imported before the currency of this Decree are entitled to apply for the definitive importation only if the temporal importation permit is current and by paying the corresponding importation fees.

Importation fees established by this Decree are in the amount equivalent to the 10% of the registered value of vehicle (ad-valorem).

Rules established by the above mentioned Decree may vary according to the vehicles characteristics. Please contact me if you are interested in applying for a definite importation of your vehicle, we will be glad to assist you.

Sincerely,
Ana Lilia Lozano

CONNELL & ASSOCIATES
Centro Comercial Los Patios Local 207,
Ixtapa-Zihuatanejo, Gro. C.P. 40880 México
Tel: + 52 (755) 555 0400 or 554 7957
Fax: + 52 (755) 554 2035
www.mexicolaw.com.mx

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New Law on Importation of Vehicles recently published - hillma January 30, 2009, 17:28:50
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--Previous Message-- : DEFINITIVE IMPORTATION OF VEHICLES. : By Ana Lilia Lozano : All Rights Reserved. Jan. 2009 : : : During the last years Mexican Federal : Government has been issuing limited term : decrees by means of which conditions are : established for the definitive importation : of ‘used’ vehicles from the United States : and Canada, either to be used within the : northern border’s States or within the whole : territory of Mexico. : : According to the NAFTA (North America Free : Trade Agreement) it is established that from : January 1st, 2009, Mexico is not entitled to : keep or maintain any prohibition or : restriction to the importation of used : vehicles that are made in the countries that : are members of NAFTA and that are 10 years : old or older. : : Based on the above, Mexican Federal : Government has decided to continue with all : necessary actions to organize the used : vehicles market in Mexico to allow their : definite importation, including not only 10 : year old or older vehicles but also those : that are 5 to 9 years old that are to be : used within the ‘border zone’ located in the : northern States of Baja California, Baja : California Sur, part of Sonora State and : Municipalities of Cananea and Caborca in : Sonora. : : For the above, as of December 24, 2008, it : was issued a “Decree by means of which are : established the conditions for the : definitive importation of used vehicles” : which will be current from January 1st 2009 : to December 31st, 2010. : : This Decree in general terms establishes the : following rules to follow by those : interested owners of used vehicles that : interested in applying for a definitive : importation: : : 1) These vehicles have to be made in the : members’ countries of the NAFTA. : 2) These vehicles have to be 10 years old or : older if are going to be used within the : whole Mexican territory and from 5 to 9 : years older if are going to be used : exclusively within the ‘border zone’ above : mentioned. : 3) Vehicles have to be registered before the : Public Registry of Vehicles after definitive : importation. : : Those used vehicles were temporarily : imported before the currency of this Decree : are entitled to apply for the definitive : importation only if the temporal importation : permit is current and by paying the : corresponding importation fees. : : Importation fees established by this Decree : are in the amount equivalent to the 10% of : the registered value of vehicle : (ad-valorem). : : Rules established by the above mentioned : Decree may vary according to the vehicles : characteristics. Please contact me if you : are interested in applying for a definite : importation of your vehicle, we will be glad : to assist you. : : Sincerely, : Ana Lilia Lozano : : : CONNELL & ASSOCIATES : Centro Comercial Los Patios Local 207, : Ixtapa-Zihuatanejo, Gro. C.P. 40880 México : Tel: + 52 (755) 555 0400 or 554 7957 : Fax: + 52 (755) 554 2035 : www.mexicolaw.com.mx : : :

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