Agreement Facilitates Investments in Mexico Through the RUPI and Single Window for Investors
The National Development Plan 2019-2024 was designed to promote private investment with a framework of legal certainty and transparency. Through the Decree of July 26, 2023, the Single Window for Investors and the Single Registry of Investment Projects (Registro Único de Proyectos de Inversión or RUPI) were established. These tools offer guidance and support to investors in the procedures they must carry out before various instances of the Federal Public Administration (Administración Pública Federal), to create a favorable environment for the establishment of their investments. To be eligible for this support, investors must follow certain guidelines issued by the Ministry of Economy (Secretaría de Economía or SE).
On Sept. 30, 2024, an agreement of the SE was published in the Official Gazette of the Federation, issuing the general provisions for the operation of the RUPI.
The RUPI consists of a free electronic registration system for administrative facilitation to manage the establishment of investments in Mexico equal to or greater than US$100 million or its equivalent in national currency. The aforementioned investment amount may be modified from time to time by the SE in accordance with national and foreign investment trends in the country through an agreement published in the Official Gazette of the Federation.
To access the SE's support for the materialization of their investment project, investors must register each project in the RUPI before initiating any procedure. This registration is done through an online system and requires an electronic signature. Upon registration, an investor number is assigned that is associated with the registered projects. Once registered, a certificate is issued that allows the investor to access the SE's support in the necessary procedures. Within 10 business days following the issuance of the certificate, a list of necessary procedures is sent that can be supplemented by the investor and validated by federal authorities.
The RUPI serves to:
- facilitate investment: creates a favorable and secure environment for the establishment of investments as it provides certainty about the procedures to be fulfilled by the investor
- guide and support: offers mechanisms of guidance and support in procedures before the Federal Public Administration to adequately guide investors in their investment process and decision-making
- ensure compliance: helps comply with the regulatory framework applicable to each investment project
This system aims to promote private investment in Mexico through transparency and legal certainty.
Those investors who have their registration certificate with the RUPI can learn more about the procedures to be carried out before various federal government agencies at the Single Window for Investors.
Holland & Knight provides comprehensive support at each stage of the investment process, including assisting with the registration of investment projects in the RUPI and helping ensure compliance with all legal provisions and facilitating the materialization of investments in Mexico. Please contact the authors for more information.
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