The Federal Taxpayers Registry (RFC), issued by the Tax Administration Service (SAT), is a key document that identifies taxpayers in Mexico and allows them to comply with their tax and commercial obligations. The RFC is a unique code that varies in structure depending on whether it pertains to an individual or a legal entity.
For individuals, the RFC consists of the first two letters of the first surname, the first letter of the second surname, the first letter of the first name, the date of birth in the format yy/mm/dd, and a homoclave made up of three alphanumeric characters assigned by the SAT. In the case of legal entities, it consists of the first three letters of the company name or denomination, the date of incorporation in the format yy/mm/dd, and the homoclave assigned by the SAT.
The RFC is essential for filing taxes, issuing electronic invoices, identifying taxpayers in tax and commercial transactions, as well as fulfilling obligations such as the payment of income tax, value-added tax, and annual declarations.
There are specific requirements to process the RFC, both for individuals and legal entities. Among the necessary documents are the CURP, a valid official identification, a proof of address no more than three months old, and an active email address.
The procedures before the SAT to obtain the RFC are free of charge and can be conducted digitally or in person. The importance of having an updated RFC lies in the ability to carry out economic activities within the legal framework and avoid tax penalties.
It is crucial to have all the necessary documents and follow the steps established by the SAT to process the RFC correctly and meet tax and commercial obligations in Mexico.
