Declaration of Value Can Be Made Through the Mexican Foreign Trade Portal

The Mexican Confederation of Customs Brokers Associations (Confederación de Asociaciones de Agentes Aduanales de la República Mexicana or CAAAREM) recently announced that technological and IT work continues, so that the new declaration of value can be processed through the Mexican Foreign Trade Portal (Ventanilla Única de Comercio Exterior Mexicana or VUCEM).

Considering the progress made, CAAAREM reported that customs authorities confirmed that the new declaration of value will enter into force on Dec. 9, 2025, in accordance with Circular No. 08.

To facilitate compliance with this obligation, it is important to note that VUCEM has published a user manual that details and explains all the steps to be followed in order to prepare and submit the declaration of value. In this regard, it is important to highlight that this process must be carried out using the credentials of the importer of record and its advanced electronic signature (e.firma).

Additionally, it should be noted that Rule 1.5.1 of the current General Rules of Foreign Trade establishes various considerations, requirements and obligations so that the declaration of value can be correctly submitted in VUCEM, thereby avoiding any fines or penalties.

Also, in accordance with Article 59 of the Customs Law and Article 81 of the Regulations of the Customs Law, in order to correctly submit the declaration of value, the importer of record must attach the commercial invoice, transportation documents, certificates of origin and source of the goods, proof of payment, customs valuation adjustments, contracts and any other document to determine the customs value of the goods.

Given this context, it is recommended that importers analyze their internal processes and best practices to verify that they have all the necessary information and documents for the declaration of value.

Finally, it is important to mention that, if the declaration of value or its attachments are incomplete or contain inaccurate data, the importer of record must pay a fine ranging from MX$2,330.00 to MX$3,310.00. Additionally, depending on the particular case, there may be further risks or additional penalties.

For more information, please do not hesitate to contact the authors who can provide further details regarding the new declaration of value, in accordance with the General Rules of Foreign Trade, the Customs Law and its regulations.

Information contained in this alert is for the general education and knowledge of our readers. It is not designed to be, and should not be used as, the sole source of information when analyzing and resolving a legal problem, and it should not be substituted for legal advice, which relies on a specific factual analysis. Moreover, the laws of each jurisdiction are different and are constantly changing. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. If you have specific questions regarding a particular fact situation, we urge you to consult the authors of this publication, your Holland & Knight representative or other competent legal counsel.