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Cabanas Law Firm, PLLC

Strong ties encourage cross-border business relationships

The long-standing cultural and economic ties between the United States and Mexico find Texas businesses perfectly positioned for international opportunities.

If you are thinking about expanding your business interests across the border, it is probably time to get some legal advice to help you lay a solid foundation for your plans.

Trade partners

Mexico is America's third-largest trading partner. This neighbor to the south ranks second, after Canada, as a market for the export of United States goods and services. Conversely, the U.S. is the primary export market for Mexico; for example, the country shipped nearly 80 percent of its merchandise exports across the border to America in 2016.

Working together

Supply chains are important to U.S.-Mexico business relations. Manufacturers work together in both countries to develop goods, and vertical supply relationships often develop between Mexican entities and businesses in border states such as Texas that become strategic production sites. U.S. automotive, appliance, electronics and machinery industries depend on manufacturers in Mexico. The resources and workforce available south of the border attracted U.S.-owned assembly plants and American companies that began business in Mexico under the maquiladora program in the 1960s. In doing so, they helped form the beginnings of much of the trade Mexico still enjoys with the United States. Economic ties currently exist under the North American Free Trade Agreement of 1994.

Rules and regulations

An experienced attorney accustomed to assisting with the complexities of cross-border transactions can explain that if you intend to do business in Mexico, you are required to have local legal counsel. From establishing fair pricing standards to negotiating contracts to managing tax concerns, you will want professional help to ensure you follow all the international rules and regulations properly. This country is Mexico's top trading partner, and as a Texas-based business, you are in a position to take advantage of cross-border expansion for your company.

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310 S. St. Mary's Street
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San Antonio, TX 78205

Phone: 210-446-4090
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Cabanas Attorneys | Abogados