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SALARY PAYMENT IN Mexican Peso (MXN, $)
CONTRACT LANGUAGES Spanish / English
PAYROLL TAX 36.69% – 43.72%
PAYROLL CYCLE Bi-weekly
TIME TO HIRE 12 hours
Hire and pay talents
with Horizons in
180+ countries
Yes there is 13th month pay in Mexico.
13th month pay is calculated as 15 working days of salary pay.
13th month salary is paid on December 20th each year.
Yes this is an extra (bonus) payment the employer has to make.
Yes, 13th month salary is taxable income.
Your business can easily hire employees in Mexico without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
13th month pay is required and is mandatory in Mexico.
No, 13th month pay is the only mandatory bonus of payment in Mexico. However, when the employee takes their vacation days in Mexico, a vacation premium needs to be paid. Vacation premium is paying the employee 125% of their salary during the time they take their annual leave. Annual leave is 6 days for new employees, and increase by two day each year the employee stays with your company.
Headquarters
71 Robinson Road #13-153
Singapore 068895
+65 3158 1382
Europe
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
Americas
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
71 Robinson Road #13-153
068895, Singapore
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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