What is an RFC tax?

The RFC is your Tax Identification Number, needed if you are selling or providing services that create revenues. It is issued by SAT, Secretary of Hacienda and Public Credit, the Mexican version of the IRS or Revenue Canada. As of September 2014, it is needed in order to sell or purchase Mexican Property.

What is an RFC number?

RFC stands for Registro Federal de Contribuyentes, and the clave RFC (RFC number) is a Mexican tax identification number. It’s issued by the Mexican Tax Administration Service (Servicio de Administración Tributaria). RFCs are 13 digits long for individuals, 12 for companies, and they’re made up of letters and numbers.

How do I get my RFC in Mexico?

The requirements to get an RFC with a Visitors Visa are: a) Original passport and 2 copies, original FMM (Visitor Visa), proof of address in Mexico (see incise a and b under number 5 below), e-mail address for notifications, and a certified copy of your Tax ID in the country you reside in (with “apostille” or …

Does Mexico have a tax ID number?

In Mexico, a legal entity, such as a company or a person, is assigned a tax identification number according to two types.

Who is RFC and what do they do?

RFC provides services to governments, individuals, businesses and non-profit entities recognizing that each client is unique and important. Some of the best in the accounting industry, our professionals are available to serve your needs. Seasoned professionals are on staff to assist you with your tax and accounting needs.

What does a RFC number stand for in Mexico?

What’s an RFC number in Mexico? And what does it stand for? RFC stands for Registro Federal de Contribuyentes, and the clave RFC (RFC number) is a Mexican tax identification number. It’s issued by the Mexican Tax Administration Service (Servicio de Administración Tributaria).

Do you need a RFC to file taxes in Mexico?

27) also establishes the obligation to register in the Federal Taxpayer Registry and obtain a RFC for partners and shareholders of legal persons, except (1) those who are members of

What happens if a buyer does not have a RFC?

If a buyer does not have one, the Notary handling the closing will not be able to issue the necessary closing documents and the deal will be delayed until the RFC of the buyer is acquired. In order for a foreigner to acquire an “RFC” the tax law sets out two options: