Employ and run payroll with ease in Mexico
Mexico
Make employment in Mexico easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Mexico, all in one easy-to-use platform.
Services available in this country:
Employer of Record ProductContractor ManagementPayroll
- Capital City
Mexico City
- Currency
Mexican peso ($, MXN)
- Languages
Spanish
- Population size
128,649,565
Services available in this country:
Employer of Record ProductContractor ManagementPayroll
Taxes in Mexico
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Mexico.
20.40% | Maternity & Illness (fixed quota) |
5% | Housing Fund |
3.15% | Seniority Insurance |
3% | State Payroll Tax maximum (depends on employee state and gross salary) |
2% | Retirement |
1.75% | Disability & Life Insurance |
1.10% | Maternity & Illness (extra quota) |
1.05% | Maternity & Illness - retired medical expenses quota |
1% | Daycare Insurance |
0.7% | Maternity & Illness - cash benefits quota |
0.54355% | Labor risk insurance |