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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
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

NOTES

The Association of Entrepreneurs of Mexico proposed a bill to the government which would require all private and public entities to pay suppliers in 30 days unless expressly agreed otherwise. The process appears to be moving forward and in late 2021 the Ministry of Economy announced that they are preparing an initiative on this, although little progress has been announced in 2022.

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