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International Financial Reporting Standards
Grant Thornton International member firms combine broad international experience with technical know-how in audits of IFRS based financial statements
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Financial Reporting Audit
Our Audit division has the capacity and knowledge to provide an assurance that the Final Financial Statements episodes will be reliable and timely
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Compliance
We are committed to providing a service with the highest standards of excellence, integrity, and experience
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Mexican Social Security & Local Tax
Growing businesses need strong tax management to meet current and future tax liabilities and we can help you achieve this, whatever challenges you face
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International Taxes
Your people are probably your business’ most valuable asset. If you choose to send them overseas you will face certain tax liabilities, social security, and pension obligations
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Prevention and detection of money laundering and anti-corruption practices
Prevention and detection of money laundering and anti-corruption practices. The process of hiding or disguising the existence, illegal source movement, fate or illegal use of property or funds, proceeding from illegal activities
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Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle
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Business risk services
Businesses worldwide are facing constant challenges as they try to navigate the wide range of risks involved in complex global markets
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Recovery & reorganisation
We focus on identifying and resolving issues affecting profitability, protecting enterprise value and facilitating a full recovery where possible
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Transactional Advisory Services
We can help you understand the value drivers behind successful transactions
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Internal Audit
In today's global economy, organisations - both public and private - must demonstrate that they have adequate controls and safeguards in place
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Payroll Outsourcing
Payroll and, in addition, personnel administration are the biggest and most time-consuming challenges facing expanding organisations
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Accounting outsourcing
The goal is to increase the effectiveness of accounting processes, supporting your core business. It was created especially for businesses with high information needs, usually related to working in an international environment
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Human Capital Services
We provide solutions for your company in order to identify, evaluate, reward and retain the best talent
Doing business in Mexico
28 Apr 2013An interview with Héctor Pérez
How do you assess the outlook for your economy?
The recently proposed cross-party reforms by new president Enrique Pena Nieto – including opening up key sectors such as telecommunications and education to more competition – are promising developments. However we will wait to see how these proposals are enacted before believing that economic growth rates can double as promised.
So the outlook is good but we should not be overconfident. Any movement in the US economy could affect us significantly. Mexico has based its growth on the relationship with the US and this is what has stalled internal development that achieves independence from foreign markets. While Mexico has been highlighted in recent years as an emerging economy with great potential, this has not been reflected in high rates of growth for the country.
What are the top three strengths of your economy as a potential target for investors?
Mexico is blessed with a strategic geographic location, next to the biggest economy in the world, abundant natural resources and a high number of trained professionals.
What should business leaders be aware of when investing in your economy?
We have signed treaties with 43 countries, providing privileged access to US and European markets. Mexico offers legal protection to foreign investment with international agreements for promotion and reciprocal protection with more than 20 countries. The cost of skilled labour is also lower than in developed countries.
What are your major plans for your firm over the next 12 months?
We plan to double market share, by opening new offices in different states of the country and ensuring retention of talent to improve the continuity of projects, among other initiatives to enhance our service performance.
Any final thoughts?
Government strategy must be aligned to reducing our dependence on foreign economies and improving productivity, through structural reforms. Only then, will our economy reach the higher growth rates investors expect. Mexico has a strategic location, important strengths, such as economic stability, and a skilled labour force. The challenge is to align our competencies with the opportunities in key sectors.
Héctor Pérez, Director at Grant Thornton International.