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Illustrative cross-border scenario · Managing people across borders

Illustrative case study showing how a business objective can be coordinated across countries, capabilities, responsible professionals and milestones.

Managing people across borders: Mexico ↔ Türkiye delivery programme. An illustrative scenario showing how WONE Global coordinates the countries and areas of expertise involved. It does not describe a specific client engagement.

2
areas of work
2
markets
Multidisciplinary alignment

Scope

Markets and services involved

Markets

Services

Coordination

How the work is sequenced

  1. 1WONE Global works out the goal with the business: countries, expertise, order of work and risks.
  2. 2The WONE Global lead in each country and area of expertise is introduced, after conflict checks.
  3. 3The firms work in a sequence agreed up front, briefing each other and handing over properly.
  4. 4Your WONE Global contact keeps track of the whole project until it's done.

WONE Global Partners

Who would handle it in these markets

Named leads where they exist today; everything else arranged by WONE Global on request, with the name confirmed before work begins.

Miguel Angel Asencio AsencioMexico City · Mexico

WONE Global Partner · Mexico

Miguel Angel Asencio Asencio

Founder, Managing Partner · Summare Capital Solutions SC · Mexico City

Miguel has more than 30 years of experience with national and international exposure, 19 years with Deloitte Mexico from February 1998 through November 2016, serving multinational clients on different industries such as…

What the guides say

The two markets in this matter

The essentials of each market on the topics this kind of work turns on.

Mexico

Essentials · source-checked

Competition authority
Comisión Nacional Antimonopolio
Data protection law
New LFPDPPP issued 20 March 2025
Foreign investment law
Ley de Inversión Extranjera (last amended 27 May 2024)
Social security registration
Report hires and changes to IMSS within 5 working days
New York Convention
In force since 13 July 1971
Patent term
20 years from filing

Türkiye

Essentials · source-checked

Corporate income tax
25% (30% financial sector); 10% domestic minimum tax
VAT
20% general rate
Main entity forms
LLC (TRY 50,000) or joint stock company (TRY 250,000)
Foreign ownership
Notification, not prior approval, under Law No. 4875
Profit repatriation
Free transfer of profits under Law No. 4875
New York Convention
In force since 30 September 1992 (reciprocity and commercial reservations)
TopicMexicoTürkiye
Establish & StructureForeign investment in Mexico is governed by the federal Foreign Investment Law, last amended in May 2024. The content of the law, entity forms under the General Law of Commercial Companies and registration steps could not be confirmed from official texts, so… Read moreForeign investors use the same company forms as Turkish investors and notify, rather than seek approval for, their investment. Limited liability and joint stock companies have minimum capital requirements that existing companies must meet by the end of 2026. Read more
Tax & StatutoryThe corporate income tax rate, VAT rate, withholding taxes and Pillar Two position could not be confirmed from an official text; the Income Tax and VAT Law PDFs could not yet be checked. Read moreCorporate tax is 25%, or 30% for financial companies, with a 10% domestic minimum tax since 2025 and Pillar Two rules since 2024. VAT is generally 20%, and branch remittances carry 10% withholding tax. Read more
People, Payroll & MobilityEvery employee in a subordinate paid relationship must be covered by the mandatory social security regime, and employers must register with IMSS and report hires and changes within five working days. Read moreEmployer social security costs are about a fifth of gross pay within a monthly floor and ceiling. Foreign key personnel of qualifying FDI companies benefit from a special work permit regime, and the Turquoise Card serves highly qualified foreigners. Read more
Banking, Treasury & PaymentsMexico has a floating peso and no general exchange controls, so profits and capital can usually be sent abroad without central bank approval. Read moreLaw No. 4875 allows foreign investors to transfer profits abroad freely. Current foreign exchange regulations, central bank rules and bank onboarding requirements could not yet be confirmed from official sources in this review. Read more
Disputes, Enforcement & ExitMexico has applied the New York Convention since 1971 without reservations. Commercial arbitration is governed by the Commercial Code, amended in February 2026, whose arbitration provisions could not yet be checked. Read moreTürkiye has applied the New York Convention since 1992 with reciprocity and commercial reservations, and is party to the Singapore Convention on Mediation. It is not party to the HCCH 2019 Judgments Convention. Read more

Our full guides are checked against official sources. Guides drafted with AI are marked as such. None of this is legal or tax advice.

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