Payment Terms Legislation In Mexico
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 |
|---|---|---|---|
| Construction | |||
| Manufacturing | |||
| Retail/Agriculture |
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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