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What about taxes?
Updated over 5 months ago

As a contractor or consultant working for a US company (from Mexico) you are most likely going to pay taxes in Mexico (your fiscal tax residence). More in this Deel Article.

  • There are programs in Mexico, such as the RESICO framework, which may provide favorable tax treatment for your earnings (such as an ISR of 2.5%)

  • In order to determine your specific tax situation and eligibility for RESICO, you should consult a tax professional.

If you are a Coba customer, you will have access to tools that can make this process easy!

  • You can schedule a consultation with a professional tax advisor (through Coba’s network) to help you understand your fiscal responsibilities

  • If you choose to report your taxes under RESICO, Coba offers an ‘in-app’ tax support module that will:

    • Allow you to ‘timbrar facturas’ automatically every time you receive a payment from your Company

    • Automatically prepare your monthly tax reports (though the tax advisor) to save you time and money

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