REPSE and Labor Reform in Mexico
The Public Registry of Companies and Specialized Service Providers (REPSE) represents a key element within the 2021 labor reform in Mexico. The Ministry of Labor and Social Welfare (STPS) has carried out its implementation with the purpose of registering, supervising, and monitoring companies that offer specialized services in areas different from the predominant activity of the service recipient, through third parties.
Index of Concentration of Specialized Outsourcing Services (ICSOE): A tool that measures the concentration of companies offering outsourcing in areas different from the main activity of the recipient. It helps understand whether a few companies dominate the outsourcing market in a sector or region.
Subcontracting Monitoring System (SISUB): A platform for supervising and regulating labor compliance in subcontracting. It allows for the registration of contracts, subcontracted workers, and relevant data to ensure transparency and compliance with labor regulations, combating tax evasion, and promoting fair practices.
Informative Declarations: These are reports that companies submit to the STPS to inform about contracts and subcontracting services during a specific period. They help maintain proper records of subcontracting, verify labor and tax compliance, and prevent illegal or fraudulent practices.
Why Use REPSE Advisory Services with Finmark
Facing the challenges and complexities arising from labor reform, subcontracting regulation, having specialized advisory services is one of Finmark’s strengths. Here are some reasons to consider this option:
Experience and Knowledge: Finmark, as a specialized company in labor and subcontracting advisory services, boasts highly trained professionals with extensive experience in the field. Their up-to-date knowledge of regulations and legal requirements enables companies to receive precise and reliable guidance.
Regulatory Compliance: Proper interpretation and compliance with legal provisions related to subcontracting are essential to avoid penalties and legal gaps. Finmark can assist companies in meeting the requirements set forth in the REPSE and other regulatory aspects, ensuring a safe and transparent work environment.
Process Optimization: Subcontracting can be a complex process involving various administrative and legal aspects. Finmark can provide solutions and strategies to optimize subcontracting processes, enhance operational efficiency, and reduce potential risks.
Personalized Guidance: Each company has unique needs and challenges related to subcontracting. Finmark offers a personalized approach tailored to the specific circumstances of each client, providing customized solutions and addressing their particular requirements.
Our team of subcontracting experts works closely with you to thoroughly understand your business and goals. Whether you are looking to reduce costs, increase efficiency, or access specialized skills, we are here to design a strategic plan that perfectly aligns with your needs.