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Mexico

Please see below for a summary of payment terms in Mexico and the various industries across which payment term legislation appears. You can also download a summary of all Mexican payment terms by clicking the button below.
Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

NOTES

The Association of Entrepreneurs of Mexico has launched a platform encouraging larger firms to pay smaller suppliers within 30 days in response to the 2020 Covid pandemic. The association has also proposed a bill to the government which would require all private and public entities to pay suppliers in 30 days unless expressly agreed otherwise.

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