Welligence Mexico | Mexico’s fiscal changes: meaningful reform or a half step?

June 3, 2025

The government of Mexico has introduced two new changes to its fiscal regime. The first is a new tax framework called “Derecho Petrolero del Bienestar” only applicable to Pemex. The second change involves the approval of Mixed Development Contracts (MDC, or “Asignaciones para Desarrollo Mixto”). This reform allows Pemex to choose its private partners for JVs, maintaining a minimum ownership stake of 40%.