KPMG Mexico > Mexico City, Mexico > Firm Profile

KPMG Mexico Offices

KPMG Mexico
Blvd. Manuel Ávila Camacho
No.176. Colonia Reforma
Mexico
Visit website +52 (55) 52 46 83 00

KPMG Mexico > Firm Profile

Legal services

In recent years, and in alignment with our global strategies, KPMG has been successful in not only developing a new generation of attorneys and partners, but also in attracting sophisticated and highly qualified lateral talent into the Firm, boosting our legal practice. All together form an unrivaled team of legal experts with solid experience in basically all legal fields, and in the most relevant sectors of the economy.

KPMG provides its clients a wide range of legal services to assist them in properly conducting their operations and structuring new businesses and, at the same time, complying with their obligations. In KPMG’s Mexican legal practice is comprised of the following key areas of specialization:

Corporate Tax
Given the companies’ current need for timely and efficient tax advice, our Corporate Tax area provides such services as: continuous tax advisory, tax diagnosis, tax consolidation services, among others.

International Tax
Our clients are served by multidisciplinary teams that are widely knowledgeable in cross border transactions, as well as networks of professionals with global knowledge, enabling them to generate value anywhere in the world, whenever so required by their business.

Tax Controversy
Our legal team specializes in the handling of different complex procedures on behalf of taxpayers before Administrative Authorities and Courts, always looking for the interests of the clients in order to reduce or eliminate the tax assessment that arises as a consequence of Tax Authorities audit powers and by filing the necessary means of defense to challenge those acts that can be deemed as contrary to the Law or the Constitution.

Mergers and Acquisitions and Transactional Services (Legal and Tax)
The team of professionals making up this specialization area has applicable technical expertise and skills in this type of transactions; our services include, among others, tax and legal structuring of operations and vehicles, due diligence and vendor due diligence, together with sophisticated legal transactional services including those related to the actual sale or purchase of companies or businesses.

Real Estate (Legal and Tax)
Our legal team is highly experienced and seasoned with any kind of deals or transactions related to the Mexican real estate market. Whether commercial, industrial, office, residential or hospitality projects, our team can assist our clients in structuring your transactions from both tax and legal standpoints, as well as in dealing with third parties, including sellers, banks and other financial institutions as well as highly sophisticated developers. Our footprint is extremely relevant to bring our clients full knowledge and local experience into their deals.

Transfer Pricing
We provide advisory services so that Mexican taxpayers comply with their obligations within the legal framework, through advice on compliance with transfer pricing, documentation and transfer pricing planning studies, advance pricing agreements, among others.

Social Welfare and Wages Tax Services
Our professionals are trained to provide social security, INFONAVIT, local taxation and general compensation advice, rendering services such as: continuous advisory, compensation analysis and restructuring, review of computation of income tax payable by employees, pension advisory services, among others.

Value Added Legal Services
Aware of the companies’ need for tax and corporate legal advice, this area is made up of professionals widely experienced in providing different kind of legal services comprising, among others, tax advice, traditional corporate law including corporate maintenance, compliance, data protection, data privacy, anti-money laundering, environmental law, and intellectual property advisory services.

International Trade and Customs
We assist our clients with multidisciplinary technical knowledge to properly identify and address potential risks and opportunities to generate relevant solutions in conjunction with them. We have a team made up of more than 270 specialists located in different offices, providing such services as: performance of legal formalities on client’s behalf, exportation business plans and global location and expansion services, among others.

International Executive Services
This area offers tax compliance and advisory services to international assignees, and companies with employees on this type of assignments.

Nearshoring
Our country is immersed in a competition for becoming increasingly appealing to foreign investment, including for companies that consider Mexico a top destination for Nearshoring purposes. Our multidisciplinary team formed by legal experts, as well as other KPMG commercial and business consultants, are fully equipped to assist our clients in analyzing and selecting the best option to expand or establish their sites, conducting due diligence on potential premises, designing and planning in anticipation to a potential investment including with respect to labor, tax and foreign trade matters, and in conducting any kind of transactions.

ESG
Mexico is undergoing an important transformation in the ESG sector and our team of legal experts (including our team of tax attorneys), working in full coordination and alignment with our global, regional and local initiatives (including our Impact Plan described below), strategies and teams, including our Advisory local team, is fully immersed in all ESG topics and trends. Whether from and Environmental, Social and/or Governance standpoint, our legal team is capable of assisting clients in mapping the different regulatory frameworks that impact their businesses, in monitoring and developing tools to assist clients keep up to date on any regulatory or legal developments, in analyzing potential opportunities or incentives, as well in any kind of transactions, including those involving supply chain.

Close collaboration with Advisory and Audit services

At KPMG, we have helped our clients for decades to overcome difficult situations, take full advantage of good times and strengthen their companies at all times. Through experience and innovative analysis methodologies that we have developed through our Advisory colleagues, we, together with our colleagues, bring diverse perspectives into any potential new business, strategic alliance, potential funding, or restructuring or sell or acquisition process. Our legal experts work closely with our Advisory colleagues and therefore are absolutely seasoned with the nature and goal of any business.

On the other hand, our legal experts constantly work with our Audit team in different kind of engagements. From analyzing an arbitration or a judicial process to how to interpret a contract or a law or regulation or understand a contingency or potential contingency, we have trained our legal experts to also assist in these kind of matters, from an absolutely independent standpoint.

KPMG Mexico

KPMG Mexico KPMG in México was founded in 1946. For more than 75 years, we have provided Audit, Tax, Legal and Advisory services to local, national and multinational companies, to help them achieve better outcomes.

We have 200 partners and more than 3,200 professionals in 17 offices strategically located in the most important cities of Mexico, thus providing our clients with a double benefit: global expertise and innovative thinking to everything we do.

KPMG Mexico

Diversity


KPMG Mexico has an Inclusion, Diversity and Equity (IDE) Policy which considers labor equality and non-discrimination, as well as explicitly states the prohibition of abuse, violence and segregation of the workplace authorities towards the staff and among the staff in matters of: physical appearance, culture, disability, language, sex, gender, age, social, financial, health or legal status, pregnancy, marital status, religion, opinions, ethnic or national origin, sexual orientation, gender expression and identity and/or immigration status.

Additionally, our firm has an Inclusion, Diversity and Equity Committee who evaluates and boosts IDE initiatives and policies to ensure a more inclusive business future. Aligned with this, the firm focuses its efforts on three groups that have been historically disadvantaged: women, people with disabilities and LGBT+ community, seeking equity, equality, and labor inclusion for them within and outside the Firm. Also, the Firm has established three core strategies: We build a respectful environment, we create equal opportunities, and we condemn any bullying, discriminating, harassing or violent conduct.

The Firm has got the certification in the Mexican Standard NMX-R-025-SCFI-2015 on Labour Equality and Non-Discrimination; has received the Éntrale distinction, which recognizes efforts towards the inclusion of people with disabilities, and has been awarded with the Equidad MX award, by Human Rights Campaign, for being one of the best workplaces for the LGBT+ community.

KPMG Mexico is part of the Great Agreement for Equal Treatment from COPRED in Mexico City and has adhered to the Decalogue for the Construction of Workplaces Free of Harassment and Sexual Harassment, as well as the Business Agreement Against Racism in Work and Professional Environments.

Interviews

Jorge Caballero, Head of Tax and Legal KPMG Mexico

Jorge Caballero, Head of Tax & Legal KPMG Mexico, and Mexico/Central America Cluster Leader, KPMG Americas Tax & Legal , explains how KPMG’s deep knowledge and understanding of the regulatory tax landscape, expertise and technology approach works in favour of their clients.

1) What do you see as the main points that differentiate KPMG Mexico from your competitors?

The multidisciplinary offering that KPMG has to the market creates a clear differentiator in the Legal landscape. Today, global, regional, and local clients are looking for a one stop service provider. We have robust legal teams with specialization in tax legal, corporate, transactions, labor, controversy, and litigation.

We complement our services with other practices such as tax advisory and planning, technology, transfer pricing, social security, among others.

Our focus in technology and ESG enables KPMG to offer top notch services to the market, such as legal transformation. In addition, the global network that KPMG has is strong and allow us to offer global and regional proposals with seamless service to the market.

2) Which practices do you see growing in the next 12 months? What are the drivers behind that?

The Controversy practice is one that has been growing at a great pace and will continue to do so in the next 12 or more months. As a result of the pandemic, tax administrations initiate a strong push to audit and review taxpayers, not only in Mexico, but in the majority of the LATAM countries.

Per an annual survey made by KPMG Mexico, Perspectivas de la Alta Dirección, more than 50% of the taxpayers are or have been in an audit process during the last year. Having an external advisor to navigate together these processes becomes more important than ever.

In addition, I strongly believe that technology and ESG will become more and more relevant in the Mexican legal market in the following months.

3) What’s the main change you’ve made in the firm that will benefit clients?

We have created a strong collaboration culture, in which we put in first place our clients and markets, with strong multidisciplinary teams. In addition, we have made important investments in the practices of controversy, international taxation, litigation, labor, transactions to have the best talent available for our clients.

4) Is technology changing the way you interact with your clients, and the services you can provide them?

Absolutely, not only in the way that we deliver our services, but in the engaging process and reacting more efficiently to the needs of our clients.

In the services, Tax Technology and Transformation practices have been leading the way in terms of growth and demand from the market. Tax authorities in Mexico were the first adopters of technology for the digital invoicing and are now leveraging that technology to perform their audits in a faster and efficient way. Taxpayers and advisors can’t be behind the curve embracing the technology to manager their tax risk and compliance processes.

5) Can you give us a practical example of how you have helped a client to add value to their business?

One of our clients was having challenges in and audit due to the quantity of information and documentation requested by the tax authorities. The full tax staff was involved in the audit, leaving not enough time to attend the day to day tax operations of the company.

We pulled together our tax controversy and technology teams to facilitate the gathering of all documents requested, freeing up the tax staff of our client to focus on their business instead. With the use of technology, we were able to save a lot of time and to comply with the deadlines established in the legal procedure.

During the audit and review of the different proofs, the tax authorities were inquiring not only from a tax perspective, but there were some effects related to transfer pricing and trade & customs. We were able to set up a multidisciplinary team with the different expertise required and were able to help our client close the audit, distorting the observations made by the authorities. In the meantime, our client was able to focus their team in their tax risk management and compliance activities.

6) Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Yes, they are looking for a business partner in their law firms, a partner that understands their operations and help them think more strategic, whilst mitigating their tax risk.

We see our firm continue investing in having the best legal talent and building on the different specialties required by the market to be able to render multidisciplinary services, leveraging the technology including the generative AI in the benefit of our clients and markets.