IMMEX2

Join ICPA and Global Partner Braumiller Law Group

for an informative webinar on:

More of What You Need to Know

A two-part webinar

February 7th & February 21st

Webinar 1. February 7th, 2023 – 10:30 CT

USMCA and its impact on IMMEX

1. maquiladora/IMMEX – Transition from NAFTA to USMCA

1.1. NAFTA obligations

1.2. Main changes under USMCA

Generally, IMMEX is a government program that allows Mexican companies to import into Mexico components, machinery, equipment, among other items to produce finished goods later withdrawn or removed for entry, or withdrawn and exported to another country, in which case Customs duty may be waived. Like NAFTA, the USMCA may restrict the duties an IMMEX could potentially save. In general, USMCA article 2.5 retains drawback restrictions that existed under article 303 of the North American Free Trade Agreement (NAFTA) for non-originating materials incorporated into finished good which are consumed in the USMCA region. This may require a U.S. and CA company to pay import for certain goods produced by IMMEX in MX.

IMMEX sounds like a very simple program that grants benefits to importers and exporters, but in reality, it is a very complex program that requires a high level of involvement and control, because one is under the radar and therefore constant scrutiny of the Mexican government. What can be viewed as a minor error or violation can actually result on the cancellation of the import license, or the IMMEX program itself.

If you do business with IMMEX, or with any other producer or factory in Mexico, (whether you own an IMMEX or are the supplier, buyer, transporter, customs broker, consignee of the materials, components, machinery, equipment, finished good, etc.), this webinar should be of interest to you, because there are several Mexican legal provisions applicable to IMMEX which are subject to changes constantly. Therefore, being aware of this in addition to knowing the main legal provisions will allow you to obtain the most benefit and also prevent problems with the authorities, who can be rather stringent regarding compliance.

Webinar 2. February 21, 2023 – 10:30 CT

Customs and Foreign Trade regulations applicable to IMMEX

1. Relevant and recent changes to the customs and foreign trade law provision

2. Seven Amendments to the Harmonized Systems

We are taking questions in advance of the webinars. Please forward to elisabethicpa@gmail.com

Presenters will be Brenda Cordova, and Francisco De La Cruz, Braumiller Law Group’s Mexico Legal Counsel

Brenda Cordova, Mexico Legal Counsel, Braumiller Law Group

Brenda Cordova leads the Mexico law practice for Braumiller Law Group, PLLC. She has been involved in Mexican Customs and trade matters since 1994.

Brenda has represented a wide range of multi-national and small companies, advising them on business matters in Mexico. She has helped these clients with their Customs and international trade law issues, and she is widely recognized as an expert in the following areas: classification ruling requests, labeling requirements, import/export procedures, AEO, free-trade agreements including NAFTA, certificates of origin, IMMEX, foreign investment, and incorporation procedures.

She has been a professor in Customs and trade law at the Universidad Autonoma de San Luis Potosi since 2001. She has also been a featured lecturer for a number of groups, including the International Compliance Professionals Association (ICPA), the Women in International Trade, the Small Business Development Center, the School of Foreign Trade at the Universidad Autonoma de San Luis Potosi, and the Masters of Foreign Trade at the Universidad del Valle de Mexico.

Full Bio: https://www.braumillerlaw.com/bio/brenda-cordova/

Francisco De La Cruz, Mexico Legal Counsel, Braumiller Law Group

Francisco graduated from the University of the State of Michoacan, has a Master’s Degree in Taxation and Administrative Law, a Specialization in Foreign Trade from the Virtual University of the Tax Administration Service, a Specialization in Foreign Language Teaching from the Pan-American University, a Degree in Tax Law from the Autonomous Technological Institute of Mexico (ITAM) and is an Interpreter-Translator (English-French-Spanish). He has more than 15 years of experience in the Mexican Federal Government as an auditor.

Francisco focuses his practice on foreign trade, customs valuation and originating goods. His vast experience also covers the execution and issuance of orders and legal support, the analysis of irregularities in foreign trade transactions and responsibilities related to audits, inspections, monitoring actions and origin verification.

Full Bio: https://www.braumillerlaw.com/bio/francisco-de-la-cruz-garcia/

Registration: simply click the links below.

Once registered for the first webinar, you will receive a discount code in your confirmation email for 50% off the ticket price for the 2^nd.

Webinar 1: USMCA and Its Impact on IMMEX
Register: https://cvent.me/oxwPrZ

Webinar 2: Customs and Foreign Trade Regulations Applicable to IMMEX
Register: https://cvent.me/WqPYkL

Want to become an ICPA member?
Click here: Join – International Compliance Professionals Association (ICPA) (icpainc.org)