Certified Public Accountant in Mexico: Accounting Services

Certified public accountants in Mexico, also referred to as a CPAs in Mexico, are professionals who have the education, experience and have passed the examination to meet the professional standards that are enforced in the accounting industry. Our team works with experienced accountants in Mexico and is thus able to provide quality legal services, along with professional accountancy solutions for companies.

What are your main accounting services in Mexico?

Our accountants in Mexico provide various types of services to companies of all sizes and in all business fields. Some examples of the accounting and tax services offered by our team include the following:

tax registration – an accountant can assist clients who need to register a business with the local tax authorities and this is also included in the company formation package offered by our company formation agents in Mexico;
maintaining records – maintaining, updating and supervising the accounting records and the books of the company according to the generally acceptable accounting principles in Mexico;
preparing the statements – the preparation of the balance and the income statements as required by the authorities and according to the financial reporting standards applicable in Mexico;
tax services – submitting the VAT declarations and the corporate income tax statements with the authorities as well as preparing and handling the corporate income tax advance payments;
others – payroll services that include both handling the payment to the employees and filling in the employment tax submissions.

Quick Facts
Types of accounting services available in Mexico	Tax registration, maintain records, preparing the statements, tax services, payroll services, etc.
Support in tax registration	Yes, our certified public accountant (CPA) in Mexico can provide support in tax registration
Payroll and HR services	Our accountants in Mexico offer payroll and HR services
Audit services availability	Yes, you can get audit services from our CPA in Mexico if you want fair representation of finances of your firm
Forensic accounting services	Yes, our accountants in Mexico can use their investigative skills to examine the finances of your business
VAT-related services availability	You can get services related to VAT registration, VAT reporting and assistance in filing, etc.
Services provided by CPA accountants in Mexico	Yes, we have certified public accountants (CPAs) in our Mexico firm, you can get their assistance
Accounting and reporting standards employed in Mexico	The Mexican Council for Research and Development of Financial Information Standards is the authority which develops the accounting standards in Mexico
Cities in which our services are available	Mexico City, and other major cities
Personal income tax rate	35%
Corporate tax rate	30%
VAT rate	16%
Social security taxes applied to employers	Variable: employer IMSS, INFONAVIT (5%) and retirement contributions depend on salary level and risk class (commonly 20%–30%+ of salary), plus a state payroll tax of 1%–4%
Tailored support for companies operating in specific industries (Yes/No)	Yes, tailored support is available for shipping, tourism, and other business categories by our CPA in Mexico
Other services (if available)	Our other services are also provided by our accountants in Mexico including: assistance with establishing labor contracts, advocacy before the tax authorities, and unique services designed for small business needs, etc.
Legislation on accounting in Mexico	Commercial Code, Federal Tax Code (electronic accounting), General Law of Commercial Companies, the Mexican Financial Information Standards (the accounting procedures implementing the law).
International Financial Reporting Standards (IFRS) applicable in Mexico (yes/no)	Yes
Accounting laws for sole traders in Mexico	Sole traders have minimal accounting obligations. They only need to submit their yearly returns to the tax authority. The taxation is made following the personal taxation principles.
Submitting annual accounts	Companies must submit annual accounts.
Conditions for simplified annual reports	The simplified annual reports do not apply to listed companies.
Basic accounting services we offer in Mexico	Tax registration, bookkeeping, payroll, submission of annual financial statements, audit. Our certified public accountant in Mexico can also provide tax consultancy services.
Financial year in Mexico	1st of January to 31st of December
The deadline to submit documents for the previous financial year	No later than 31st of March
Basic financial papers submitted by companies	The balance sheet, the profit and loss report
Financial documents imposed to large companies	The balance sheet, the profit and loss report, the cash flow statement
Law on audit in Mexico	It is done in accordance with the rules of the IFRS and the Mexican Financial Information Standards (the audit is completed by a certified public accountant in Mexico).
Companies that use the IFRS	Listed companies are obligated to use the IFRS system.
When are consolidated annual reports required?	The consolidated annual reports are mandatory for listed companies, completed by a certified public accountant in Mexico.
Bookkeeping principles	Bookkeeping must be done electronically.
Accounting services in Mexico for individuals (yes/no)	Yes

What are the advantages of working with a CPA in Mexico?

Small, medium and large businesses alike can benefit from working with a certified public accountant. Here are some of the benefits of making this choice for your company in Mexico:

tax updates – tax laws are subject to change and an accountant in Mexico is able to provide information about the latest tax changes;
reduced the financial burden – a company that has updated financial records is better able to keep track of its expenses, manage its debts to creditors as well as claim the due debt from its clients when or if applicable;
investment purposes – holding companies and other types of companies that have multiple sources of income will benefit from working with a CPA in Mexico in order to make sure that they observe the requirements and are able to manage their portfolio accordingly;
saved time – business owners who outsource accounting and reporting to a professional are able to dedicate more time to concentrate on business growth.

How can a CPA in Mexico assist me in tax matters?

Our CPA in Mexico can provide the following tax-related services:

VAT (value-added tax) informative monthly declaration and electronic submission before SAT (Mexican Tax Administration Service);
filing the monthly provisional income tax and VAT payments online at the SAT website (the flat rate business tax, IETU, was abolished in 2014);
corporate income tax declarations are submitted electronically each month before SAT;
create and submit a yearly corporate income tax return (due by 31 March);
preparation and online submission of the monthly corporate income tax advance payments report at the tax authority’s website;
submitting monthly statistics returns (when applicable);
the creation of a letter notifying when the aforementioned taxes that are due.

We invite you to watch a short video on the services of a certified public accountant in Mexico:

In what other ways can a CPA in Mexico help my company?

Besides these tax-related services, our accountants in Mexico can also assist you with the following accounting services:

registering an account in a bank;
obtain the electronic signature of the corporation and the legal representative;
preserve and oversee accounting records and books in accordance with Mexican GAAPs;
account payables and receivables can be received and registered by our accountants;
trial balance and income statements are prepared every month in MXN (Mexican peso) in both English and Spanish in accordance with Mexican Financial Reporting Standards.

Who can conduct audits on listed companies?

According to the Mexican law, only public accountants can complete audit procedures for listed companies and other legal entities that operate in regulated industries (such as those in the financial sector). The audit must be performed by an independent public accountant that is registered with the Mexican authorities.

What institution regulates the activity of CPAs in Mexico?

The activity of Mexican CPAs falls under the supervision of the Mexican Institute of Public Accountants.

Do CPAs in Mexico need to have a license in 2026?

Yes, they need to be the holders of valid accounting licenses in order to provide accounting services as certified public accountants.

What institution is responsible for the issuance of the license?

The Ministry of Public Education is the sole institution that can issue licenses for certified public accountants; our consultants can offer more details on the main conditions that lead to the issuance of the accounting license.

DO CPAs need to abide by a code of conduct?

Yes, the profession of public accountant requires such professionals to abide by the rules of a code of conduct (Code of Professional Ethics).

Below, we invite you to read our infographic on the Mexican certified public accountant:

Which institution is responsible for the issuance of the Code?

The Mexican Institute of Public Accountants. The institution updates the Code in accordance with the needs and the legal requirements and follows the guidelines established by the International Ethics Standards Board for Accountants.

Do CPAs need to be certified by the Mexican Institute of Public Accountants in 2026?

No. They can register with the institution on a voluntary basis, but in order to do so, they need to meet certain standards, as follows:

they need to have a license;
they need to demonstrate at least 3 years of work experience related to public accounting;
they must pass an examination (the Uniform Certification Examination).

What is the purpose of the certification with the Mexican Institute of Public Accountants?

Individuals who are registered with the institution, after passing the minimum requirements presented above, will become certified auditors. Only this category of auditors will have the right to provide accounting and audit services to entities that fall under the supervision of the National Banking and Securities Commission.

Are the public accounting standards in Mexico in line with the international standards in 2026?

Yes, the national legal framework that establishes public accounting standards is harmonized with the International Public Sector Accounting Standards; our consultants can provide further information on the legislation regulating accounting procedures and the accounting profession in this country.

If you would like to know more about the accounting services we provide in partnership with a CPA, please contact the experts at our company registration firm in Mexico.