Most operators: AML-led framework
Exchange/custody activity is commonly treated under “Vulnerable Activities,” requiring registration, KYC controls, and periodic reporting.
LATAM • CRYPTO COMPLIANCE
Mexico: VASP Registration & AML Compliance
In Mexico, many crypto operators are structured through an AML-led pathway rather than a single standalone “VASP license.” We help founders build the legal infrastructure, complete required registrations, and implement compliance controls for exchange/custody/transfer models.
LFPIORPI / Vulnerable Activities pathway
Banxico Circular 4/2019 touchpoints (where applicable)
Remote-friendly delivery
General information only; not legal, tax, or regulatory advice.
Regulatory snapshot
Mexico’s crypto operating reality is typically AML-first for non-financial operators, while regulated financial institutions can face an additional Banxico perimeter.
Regulated entities: Banxico perimeter
Certain operations by regulated financial institutions may require Banxico authorization, depending on model and activity.
Separate financial licensing track
If your model includes regulated payments, e-money, or money transmission, a different licensing path may apply.
Also available
For regulated payment models, see the separate track: Mexico MT / MSB & EPFI / EMI.
Package & ongoing requirements
Core legal + compliance infrastructure is priced publicly; certain third-party and onboarding outcomes vary by institution and scope.
Scope & pathway mapping
We map your services (exchange/custody/transfer), client regions, asset classes, and banking needs to define the cleanest compliance path before onboarding.
Best for: non-resident founders who need a clear roadmap before execution.
Mexico VASP Registration Package
€34,900
- Company constitution coordination + statutes
- Corporate books + share title preparation
- Director tax registrations (RFC-related onboarding)
- Advanced electronic signature support (where applicable)
- Relevant registries (incl. foreign investment registry where applicable)
- Compliance officer appointment
- T&Cs + Privacy Notice + data protection documentation
- Personalized AML/KYC policy + prevention manual
- PLD/Vulnerable Activities application preparation
- 1 local bank account support (subject to onboarding)
Registered office included for first year (then €1,500/year).
Share capital: no formal minimum stated; common recommendation is around USD 2,500.
Share capital: no formal minimum stated; common recommendation is around USD 2,500.
Mandatory Operational Support
From €4,800 / month
- Local legal contact + legal address: €2,000
- Compliance officer + monthly reporting: €2,800
- Accounting/tax filing add-ons available based on activity model
General tax snapshot often referenced: CIT 30% • VAT 16% • Dividends 10% (case/treaty dependent).
Timeline guidance
- Core document delivery (typical): ~1 month
- Registry timing: up to ~8 months*
- Timing depends on third parties and authority processing
*Actual timing varies by case complexity and processing queues.
Third-party items often needed
- Mexico SIM/phone access (bank OTP + onboarding flows)
- Notary coordination and corporate book production
- Local lease/address support depending on operations
How the engagement works
A clean, remote-friendly process built for international founders.
1
Scope & pathway mapping
Confirm activity scope and identify AML requirements plus any Banxico/CNBV touchpoints.
2
Entity & legal infrastructure
Company constitution, corporate books, and foundational registrations.
3
Compliance pack
AML/KYC policies, data/privacy documentation, compliance officer appointment, and procedures.
4
PLD / Vulnerable Activities registration
Preparation and submission support for registration and required supporting materials.
5
Ongoing operations
Monthly reporting support, compliance officer service, and maintenance options.
FAQ
Quick answers founders usually ask about Mexico.
Is there a single “VASP license” in Mexico?
Most non-financial operators follow an AML-driven registration and reporting framework, while regulated entities may have additional requirements.
Can you support banking onboarding?
Yes — we support onboarding preparation and positioning, while final approval remains with each institution.
How long does it take?
Core documentation is often prepared in about one month after onboarding, while registry timing can extend significantly depending on third parties and authorities.
Do you cover compliance after registration?
Yes — monthly operational compliance support includes legal contact/address and reporting support.
Launching in Mexico?
Share your model and target markets — we’ll reply with a private roadmap covering scope, documents, timeline, and next steps.