Mexico ranked as the second most complex country out of 81 nations in which to do business due to frequent regulatory changes and unpredictable administrative requirements that companies face, according to a report by TMF Group.
According to the Global Business Complexity Index 2026, the complexity of doing business is driven by the discretionary actions of tax authorities.
“Tasks such as opening bank accounts and working with these tax authorities can generate uncertainty and delays, making it difficult for companies to plan with confidence,” the report states.
The document also emphasizes that, over the years, legislators have repeatedly revised regulations on payroll outsourcing, which, it says, creates constant confusion regarding compliance and penalty avoidance.
According to the company’s annual assessment, in the last three years Mexico has advanced from fourth to second place in business complexity, second only to Greece, which has held the top spot in this ranking since 2014.
Transformation of Business Services
The report highlights that companies in Mexico are gradually transforming their services through process automation, the adoption of principles from the Organisation for Economic Co-operation and Development (OECD), and the improvement of their management services.
It also indicates that accounting and taxes will likely undergo the most significant changes, with a greater government focus on tax collection.
“There are also real benefits as governments introduce electronic accounting systems, but given that tax authorities are expected to update regulations periodically, multinationals should remain vigilant,” noted TMF Group.
In the previous edition of the study, the international firm emphasized that the country remains attractive as a gateway to the United States and Latin America.
Source: oem
