Foreign businesses providing digital services to Mexican customers now face 16% VAT and new tax and compliance obligations. Lawyers discuss who exactly this new tax regime applies to and highlight what legal teams should be prioritising to overcome new hurdles.
Mexican firm Cannizzo, Ortíz & Asociados has hired Miguel Jáuregui Rojas, the founding partner of Jáuregui y Del Valle, SC, as corporate senior counsel.
Peru was the busiest country for M&A transactions in Spanish-speaking Latin America during January and February, with more deals taking place there than in Mexico and Argentina combined, according to Latin Lawyer’s research.
Deloitte Legal (Mexico) has helped Mexican retail group Turistore get investment from two private equity funds.
Mexico’s Jáuregui y Del Valle, SC has hired a criminal litigation partner, who joins the firm with four associates.
Ritch, Mueller, Heather y Nicolau, SC has hired two tax partners and seven associates from EY México in response to clients’ one-stop shop demands.
Competition enforcers in Mexico and Ecuador have imposed domestic conditions on the global Anheuser-Busch InBev/SABMiller brewery merger.
Creel, García-Cuéllar, Aiza y Enriquez SC is continuing to aggressively expand its tax department with the hire of Jorge Correa as partner – the third senior addition made by the firm since launching the standalone practice less than a year ago.
With political and economic change on the horizon for many Latin American countries, 2014 was marked by a slew of strategic hires in the region’s legal markets. Whether it be Mexico’s energy reforms, Argentina’s upcoming presidential elections or Brazil’s newly elected parliament, law firms spent 2014 gearing up for what is expected to be a busy year ahead. Vincent Manancourt takes a look at some of the most memorable developments in Latin America’s legal markets over the last 12 months
Sustained economic growth and unprecedented levels of foreign investment into Latin America have created vast fortunes for the families behind many of the region’s leading companies. To manage their newly made wealth and navigate tough new rules on taxation and offshore banking, the region’s rich are increasingly turning to outside counsel for help. Vincent Manancourt investigates