BDO_BUSINESS MANAGEMENT IN COVID-19 CRISIS_V1

BUSINESS MANAGEMENT IN COVID19 CRISIS

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The last few months, the world has been affected in all aspects of our society. The current crisis keeps affecting not only the global economy, but also the business areas of the companies. This uncertainty context placed us in a high vulnerability and risk situation.BDO Mexico places at your disposal a multidisciplinary work team made of seasoned professionals in fields such as Tax, International Trade, Social Security, Law and Labor Advisory, Financial Professionals and Corporate Government to support our clients in reasonable decision-making.

HOW TO RUN YOUR BUSINESS THROUGHOUT COVID19 CRISIS? TO SURVIVE & NOT DIE TRYING

Our professionals will make an analysis based on the current reality of business, and guide them to design and implement a tailor-made action for your business.The quick and accurate decision-making is a categorical imperative, but based on the knowledge and evaluation of all alternatives of each functional area of the companies.

2020

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO México (Castillo Miranda y Compañia, S.C)

SPECIALIZED SERVICES IN

BDO México (Castillo Miranda y Compañia, S.C)

CRISIS MANAGEMENT

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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BSO

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

BSO

BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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BSO

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Accompaniment in Financial Services

Specialized Services in Crisis Management

Projection analysis: Impact in liquidity related to Covid-19 and cost reduction advice.

Cash flow impact analysis

Business life after Covid-19

BDO México (Castillo Miranda y Compañia, S.C)

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Evaluation and reconfiguration Of individual employment contracts, such as change to home-office and workday reduction.Analysis and viability Of the accurate application of flexible workdays, vacations, temporary adjustments to current individual employment contracts to mitigate the present Sanitary Contingency COVID-19 impacts.Elaboration of policies Oriented to adjust temporary the extra-labor benefits granted to the employees.Analysis and eventual employment Contracts and regulations according to reality and company’s needs.

Specialized Services in Crisis Management

Labor Advisory

BDO México (Castillo Miranda y Compañia, S.C)

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Specialized Services in Crisis Management

BSO

Update the accounting delays, review and analysis.Diagnostic and massive validation of the emitted CFDI’s by suppliers and service providers.Estimations and records in furtherance of NIF D-4 and differed EPS. Financial reports conversion into international rules or US GAAP.Review and processing of travel expenses and reimbursements listed.Accounting data and records system analysis to be translated in the (SAT) Electronic Accounting platform.

Payroll

Accounting

Gestión de procesos de nómina memsual (o recurrente) y optimización del proceso de administración de personal.Estimations of projected labor costs and compensations.Preparation and electronic payroll receipt process. Tax invoices and credit notes conciliation emitted with financial reports and tax return.Accompanying of requirements to achieve uncollected or irrecoverable accounts.

BDO México (Castillo Miranda y Compañia, S.C)

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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NOM 035

Specialized Services in Crisis Management

The Mexican Official Standard 035, best known as “NOM 035” published in the Official Federal Diary on October 12th 2018. Its objective is to:Establish the elements to identify, analyze and prevent psychosocial risk factors.Promote a favorable organizational environment in workplace.

The return of activities means a psychosocial risk factor that could be mitigated with a returning work plan that contains the following factors:

• Flexible workdays
• Staff training in automatized processes
• Sanitary security at workplaces
• New coexisting abilities development

We place at your disposal our professionals that not only support you achieving the NOM, but also with the more effective administrative and labor practices taking your employees back into presential working life.

BDO México (Castillo Miranda y Compañia, S.C)

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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BDO has a specialized team offering outsourcing service and technological solutions related to supplier and contractor controlling..We have a powerful and flexible informatic solution that allows it to minimized contractors, outsourcing risks, (law and labor risks of staffing accidents caused to third parties and contractual), and other resources that get in plants, offices or facilities of any kind of organization.

Our huge audit, advisory and IT trajectory allows us to provide an excellent service based on a strict control, maintaining a direct and personalized contact with suppliers and service providers.

Supplier and Contractor Controlling

SPECIALIZED SERVICES IN CRISIS MANAGEMENT

BDO México (Castillo Miranda y Compañia, S.C)

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Accompaniment in Financial Services

Labor Advisory

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BSO

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NOM 035

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Supplier and Contractor Controlling

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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TAX

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Tax Advisory in Times of Covid-19

Tax Services

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Corporate Adjustments Derived from Covid-19

BDO México (Castillo Miranda y Compañia, S.C)

ADVISORY

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Specialized Services in Crisis Management

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Tax Advisory

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SPECIALIZED SERVICES INCRISIS MANAGEMENT

In BDO Mexico, the Tax team offers you existing tools in law legislation which will be valued by directors and leaders of businesses. Throughout a deep analysis and the current tax environment knowledge, our professionals will analyze the best way to face the consequences generated by COVID-19.

Tax Advisory in Times of COVID 19

Our work is to present you the best options and recommendations available, also improve the specific aspects of your business such as:

• Cash flow
• An efficient tax recovery process
• Assistance to the organization
• Protection of the enterprise and individual real estate.

All tax adjustments experience that could appear in the future.

In times of crisis, the challenges require creativity and transformation in the way of doing business.

BDO México (Castillo Miranda y Compañia, S.C)

BDO México (Castillo Miranda y Compañia, S.C)

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Tax Advisory in Times of Covid-19

Tax Services

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Corporate Adjustments Derived from Covid-19

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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BDO Mexico

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SPECIALIZED SERVICES INCRISIS MANAGEMENT

Tax Services

Uncollected accounts reductionProvisional payments reduction InterestsPartiality paymentsDevolutions and compensationsInheritance and legacyReal estate structuresOther tax benefits or measures

BDO México (Castillo Miranda y Compañia, S.C)

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Tax Advisory in Times of Covid-19

Tax Services

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Corporate Adjustments Derived from Covid-19

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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Corporate Adjustments Derived from Covid-19

SPECIALIZED SERVICES INCRISIS MANAGEMENTS

The beginning of corporate adjustments derived from COVID-19 will require a corporate efficiency analysis due to this, the possible settings will be evaluated to face the crisis, such as:

The BDO Mexico professionals will support you, knowing and determining the most common tax effects which this kind of corporate decisions involved, just as the adequate execution of practice recommendations.

Sale of shares Efficient capitalization schemes MergesDeacquisitionsLiquidations

Acquisition of businessDividends Repayment of capital Trusts

(tax and finance Due Diligence)

BDO México (Castillo Miranda y Compañia, S.C)

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Tax Advisory in Times of Covid-19

Tax Services

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Corporate Adjustments Derived from Covid-19

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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Risk Advisory Services

Accompaniment in Financial Services

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SERVICES

RISK ADVISORY

BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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BSO

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Cybersecurity

Safe Return

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SPECIALIZED SERVICES INCRISIS MANAGEMENT

The Risk Advisory practice in BDO Mexico provides a high level oriented strategic to new corporate and business risks and rules in a dynamic and changing world.

Risk Advisory Services

The quick and accurate of the informed decision-making will be the difference to many enterprises in Mexico and around the world between coexisting, standing out or disappearing.

Organizational resilience evaluation: Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP) Business Impact Analysis (BIA) Business Continuity Risks analysis and evaluation Recovery strategies Business Continuity Plan implementations Business Continuity tests and simulations

BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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BSO

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Risk Advisory Services

Accompaniment in Financial Services

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Cybersecurity

Safe Return

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Accompaniment in Financial Services

It’s important to update our strategic capital, by making enterprises that generates flow and not only incomes and raising sales.Enterprises mainly based on IT, with new talent DNA willing to work for variable revenue; also, entrepreneurs willing to buy and merge with other enterprises of its industry.

SPECIALIZED SERVICES IN CRISIS MANAGEMENT

BDO Mexico offers specialized and complete business advisory service. We support enterprises in their continuity processes achieving their goals and reactivate their businesses plans in uncertain times.

Financial restructuring

• Debt restructures
• Financing structure advisory

Financial Advisory

• Business valuation
• Financial diagnostics
• Value opinions
• Strategic Financial Advisory

Debt and Equity Financing

• Debt
• Private equity
• Value opinions
• Debt and Capital public placement
• ecurity at workplaces
• New coexisting abilities development

BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

Contact

BSO

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Risk Advisory Services

Accompaniment in Financial Services

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Cybersecurity

Safe Return

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BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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BSO

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Cybersecurity

SPECIALIZED SERVICES INCRISIS MANAGEMENT

BDO puts at your disposal, their experience on consultancy to adapt your business model to the new digital reality. We focus on new technologies so that your company can reach its full potential and continue growing, through the following services:

Cybersecurity diagnosis Penetration tests Cybersecurity awareness Cybersecurity policies IT security consulting Business continuity and disaster recovery Digital Transformation RPA Big Data Compliance and GDPR Audit

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Risk Advisory Services

Accompaniment in Financial Services

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Cybersecurity

Safe Return

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BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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Safe Return

SPECIALIZED SERVICES INCRISIS MANAGEMENT

The authority through the Ministry of Health has defined rules and guidelines so that businesses can reopen operations. Before Reopening Your Business, you must comply with both Federal and State guidelines. In the Official Gazette of the Federation of May 15 2020, formalizes the "Technical Guidelines for Sanitary Safety” of the Ministry of Health. These guidelines are considered "Mandatory" prior to the reopening of any business and the "Return to the new Normality".Mexico City, as well as various States, have defined specific rules, which are promulgated in their "Official Gazette". In the case of CDMX, the additional rules in a Federal level are issued in the CDMX Official Gazette of May 29, 2020. BDO Mexico supports you to avoid sanctions and non-compliance and we support you to consider:

5.- Obtaining a Commitnent Letter for Canitary Measures

• Obtain a commitment letter, in cases and states that apply.
• Present the letter at business facilities as required by Regulation.

1.- Self-Assessment of Points Issued by the Ministry of Health

• Questionnaire of 79 points.
• The obligation of companies varies depending on their size.
• The biggest challenge is implementing.
• Some industries, must obtain a Permit from the IMSS prior operating.

3.- Outbreak MitigationDefine protocols and keep records on:

• Sick staff and contact groups (internal and external).
• Personnel with symptoms. Additionally, have protective equipment.

2.- Information and Training

• Implement a dissemination scheme with a focus on education and prevention.
• Train ALL STAFF.
• Include, in certain cases, aspects of COVID19 in the Code of Ethics and even in the "Business Continuity Plan".

4.- Vulnerable Groups

• Identify in collaborators their vulnerable groups (Diabetes, Hypertension, and Cancer, among others).
• Define management policies for these groups.
• Protect them ensuring Non-Discrimination.

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Risk Advisory Services

Accompaniment in Financial Services

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Cybersecurity

Safe Return

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Countries

People

Offices

BDO Global:

BDO Mexico:

People

Offices

ASIA PACIFIC

AMERICAS

EMEA

12%

55%

33%

164

+111,307

1,803

+800

9

► Cuidad de México (2) ► Ciudad Juárez► Guadalajara ► Hermosillo► Mazatlán ► Monterrey ► Querétaro► Tijuana

PERCENTAGE REVENUE BY REGION

BDO México (Castillo Miranda y Compañia, S.C)

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BDO Global 164 Países 1713 Oficinas + 95,414 Colaboradores

BDO México 8 Oficinas + 800 Colaboradores

Teléfono: +52 (55) 8503 4200 www.bdomexico.com

BDO México (Castillo Miranda y Compañia, S.C)

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How to manage your company throughout Covid-19 Crisis?

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Specialized Services in Crisis Management

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Tax Advisory

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Risk Advisory

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BDO Mexico

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For More Informacion:mkt@bdomexico.com