The information contained in this document is marketing material and for informational purposes only. The information contained in this document is presented without any warranty or representation as to its accuracy or completeness and all implied representations or warranties of any kind are hereby disclaimed. Recipients of this document, whether clients or otherwise, should not act or refrain from acting on the basis of any information included in this document without seeking appropriate professional advice. The provision of the information contained in this document does not establish any express or implied duty or obligation between Citco and any recipient and neither Citco nor any of its shareholders, members, directors, principals or personnel shall be responsible or liable for results arising from the use or reliance of the information contained in this document including, without limitation, any loss (whether direct, indirect, in contract, tort or otherwise) arising from any decision made or action taken by any party in reliance upon the information contained in this document. © The Citco Group Limited, December 2024.
Mexico – Renewal deadlines for Registry of Providers of Specialized Services or Works (REPSE)
Mexico’s Ministry of Labor and Social Security (STPS) has released the 2024 deadlines for individuals and entities to renew their registration with the Registry of Providers of Specialized Services or Works (REPSE).
REPSE registration applies to any company or individual that needs to be contracted or subcontracted by the beneficiary of said specialized services or works.
The REPSE is valid for three years from first registration and a renewal application must be filed according to the calendar published by the STPS based on the year and month of original registration.
| REPSE authorized | REPSE renewal period | |
|---|---|---|
| 2021 | June | From March to May 2024 |
| July | From April to June 2024 | |
| August | From May to July 2024 | |
| September | From June to August 2024 | |
| October | From July to September 2024 | |
| November | From August to October 2024 | |
| December | From September to November 2024 | |
| 2022 | January | From October to December 2024 |
| February | From November 2024 to January 2025 | |
| March | From December 2024 to February 2025 | |
The risk of non-compliance
Failure to comply with this requirement may result in:
- Cancellation of the REPSE registration and lawful provision or receipt of specialized services
- Fines of up to MXS$ 5,428,500 (approx. USD$310,000) for providing or receiving specialized services without REPSE
- Risk of triggering a tax evasion offense under criminal regulation
- Challenges from the Tax Authority over invoices relating to specialized services
