Secure your import and export operations with the right surety bond. With NRGI Broker, you fulfill your tax obligations while safeguarding business continuity.
Bonds
Customs Bonds in Mexico
What is a Customs Bond and what is its purpose?
A Customs Bond is a financial guarantee that ensures the payment of taxes, duties, and levies arising from import and export operations, whether temporary or permanent. If the importer or exporter fails to meet their tax obligations, the surety company pays the amount to the tax authorities and subsequently recovers it from the bonded party.
When is a Customs Bond required?
- Temporary Imports: Machinery, equipment, or raw materials that must be returned within a defined timeframe.
- Definitive Imports: Permanent entry of goods involving the payment of duties.
- Temporary Exports: Products sent abroad with a legal obligation to return.
- Primary Beneficiaries: The Ministry of Finance (SHCP) and the National Customs Agency of Mexico (ANAM).
Requirements for Issuing a Customs Bond
To issue the bond, the surety company evaluates the applicant’s solvency:
Financial Solvency: Updated financial statements, tax returns, and credit history.
Legal Documentation:
- Corporations: Articles of incorporation, powers of attorney, Tax ID (RFC), and proof of fiscal domicile.
- Individuals: Official ID, CURP, tax compliance certificate, and proof of address.
Underlying Document: The base contract or customs declaration (pedimento) supporting the operation.
Additional Collateral: Partner guarantees, real estate, liquid funds, or financial instruments.
Frequently Asked Questions
What happens if I fail to return temporary goods?
The authorities will execute the bond,
and the surety company will cover the outstanding taxes.
How long does issuance take?
Between 24 and 72 hours, provided documentation is complete and following the surety company’s prior assessment.
Is the premium refundable?
No, it is a fixed cost for the contracted period.
Why secure your Customs Bond with NRGI Broker?
NRGI Broker specializes in foreign trade and international logistics. We ensure your operations comply with fiscal regulations without compromising liquidity.
Benefits of partnering with NRGI Broker:
- Direct access to Mexico’s leading surety companies.
- Streamlined, digitalized processes with personalized consulting.
- Technical and legal support throughout the process.
- Competitive rates and preferential conditions.
- Proven expertise in foreign trade and import/export sectors.
