Our founding partner, Carlos Zamudio Isbaile, started our practice providing external audit services as an independent CPA and in a few years he expanded the practice to tax and accounting services for the local and national markets.
Today CZI Tax & Legal is managed by Jorge Zamudio who has over 10 years of professional experience advising local and multinational clients. Jorge started his professional experience in CZI Tax & Legal. He later joined a Big 4 firm where he specialized in international tax and M&A. For over 8 years he was part of the Monterrey, Mexico City, San Diego and Boston offices.
Jorge has served as tax advisor for Mexican and International clients on M&A projects and on Initial Public Offerings of shares and trusts certificates in the Mexican Stock Exchange. Jorge advises clients in a diverse range of industries including manufacturing, transportation, construction, real estate, retail and services industry. He has designed and implemented several tax strategies and corporate restructures, among other relevant projects.
With a broad experience structuring and incorporating new business in Mexico, CZI Tax & Legal helps Mexican startups as well as multinationals entering the Mexican market in all phases of the incorporation process. We provide the following services:
-Incorporation of legal entities, branches and representation offices in Mexico.
-Registration before the tax, legal and social security authorities.
-Acting as corporate officer (examiner and statutory auditor) of the legal entity.
-Opening Mexican bank accounts for Mexican residents and non-resident accounts.
-Trade mark, commercial name and patent registration.
Small and Medium Enterprises (SMEs)
Our practice offers comprehensive support in accounting and tax management to SMEs and multinational businesses. We offer the following services on a regular basis:
-Book keeping and tax compliance services.
-Financial Statements preparation.
-Statutory accounting preparation and submission to the tax authorities (e-accounting).
-Social security processes (employee’s registration and “SATIC” reporting for constructors, contractors and subcontractors.
-Implementation of inventory control systems.
-Handling any kind of inquiries or audits by the tax and social security authorities.
Tax Advisory Services
Our broad experience advising in a diverse range of projects lead us to base our services on both, technical knowledge and expertise. With a practical and hand-on approach, we provide tax advisory services in M&A transactions.
-Design, structure and implementation of tax strategies.
-Preparation and negotiation of tax rulings.
-Diagnosis of the tax standing of the entity to provide a contingency remediation plan.
-Tax refund requests before local and federal tax authorities.
-Tax opinions of all kinds of transactions.
-Review of all kinds of agreements from a tax perspective.
-Tax advisory on corporate restructures.
-Tax advisory on all kinds of inquiries of audits by the tax and social security authorities.
-Tax accounting advisory services (IFRS and USGAAP).
Mergers & Acquisitions
-Tax due diligence procedures on transfer of shares and assets.
-Statutory tax report on Mexican shares disposition.
-Corporate structuring for the transfer and acquisition of business.
International Tax Advisory Services
The international tax landscape raises new challenges to multinational enterprises and high-net-worth individuals. The intense work of the international community to tackle abusive tax practices with initiatives like FATCA, BEPS or the Common Reporting Standard has triggered new challenges and opportunities in the international tax arena. Nowadays, it is key to have certainty in every cross-border transaction and to be aware of tax risks triggered in several jurisdictions. Our international experience as well as our continuous technical actualization and our international network allow us to deliver high quality international tax advisory services.
-Advisory on cross-border transactions, CFC rules and foreign tax credit application.
-Permanent establishment risk assessment and contingency remediation plan.
-Advisory on the application of benefits of international tax treaties.
-Structure of international investments for Mexicans abroad (out-bound) and non-Mexicans investing in Mexico (in-bound).
-Entity migration and restructuring.
Wealth Management Tax Services
In CZI Tax & Legal we offer specialized tax services to high-net-worth individuals helping them manage their investments and assets with a focus on international transactions. An in-depth knowledge in international, transfer and capital gain taxes is required for the correct management of these type of assets.
-Structuring of Special Purpose Vehicles (SPVs).
-Planning and structuring of Mexican and International investments and legal figures.
-Preparation and filing of tax returns for individuals, including informative returns.
-Tax advisory on real estate transactions.