EXPIRATION OF THE TERM TO OBTAIN OR REQUEST AN AUTHORIZATION TO OPERATE AS A FINTECH

According to the transitory articles of the Law to Regulate Financial Technology Institutions (the “Fintech Law”), on September 25, 2019 will expire the term that the persons who carry out operations regulated by the Fintech Law have to obtain or request the applicable authorization from the Banking and Securities National Commission in order for such person to continue with their operations.

ELIMINATION OF THE ELECTRONIC APPLICATION AND THE RULES ON LABOR SUBCONTRACTING IN THE TAX MISCELLANEOUS RESOLUTION FOR 2019

On August 20, 2019, the First Resolution of Modifications to the Tax Miscellaneous Resolution for 2019 and its annexes 1 and 1-A were published in the Federal Official Gazette, which came into force the day after its publication. Among the changes made, it is worth highlighting that rules 3.3.1.44., 3.3.1.45., 3.3.1.46., 3.3.1.47. and 3.3.1.48 have been unexpectedly repealed. Such rules established an optional procedure to comply with the income tax (“IT”) and value added tax (“VAT”) obligations in relation to labor outsourcing.

THE NATIONAL LAW ON THE EXTINCTION OF DOMAIN IN THE CONTEXT OF CRIMINAL COMPLIANCE.

One of the laws that have generated the most debates for its value in fighting crime is the National Domain Extinction Law. Its objective is to unify rules that allow federal and state authorities to favor the loss of rights over assets of a personal nature, both of natural persons and companies.

EXTENSION OF THE PERIOD FOR THE CANCELLATION OF CERTAIN CONTRIBUTIONS OF MEXICO CITY

According to the Official Gazette of Mexico City, it has been established that the validity through which all debts, tax fines, surcharges and ordinary execution costs of contributions in Mexico City are forgiven, has been extended until 2 September 2019

PROTOCOL FOR THE LEGITIMATION OF EXISTING COLLECTIVE BARGAINING AGREEMENTS

Derived from the reforms to various provisions of the Federal Labor Law that were carried out this year, on July 31, the Protocol for the Legitimation of Collective Labor Contracts was published in the Official Gazette of the Federation, which intends to establish the rules and procedures for the legitimization of existing contracts.