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[BUSINESS] · Mexico · 2 sources

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Local governments in Huamantla and Cancún announce business incentives

The municipal government of Huamantla, led by President Salvador Santos Cedillo, has launched a promotion offering a 50 percent discount on operating licenses for new businesses. Running from November 4 to November 6, the initiative targets non-alcoholic establishments, including restaurants, cafes, hotels, grocery stores, and clothing shops, to encourage entrepreneurship and job creation.

In Cancún, Mayor Ana Paty Peralta announced the “Renueva Cancún” program, which provides a 100 percent tax incentive on construction license fees for businesses renovating hotel or commercial facades. The program applies to specific corridors, including Boulevard Kukulcán and avenues such as Kabah, Chichén Itzá, Tulum, Yaxchilán, and José López Portillo. This incentive is available through December 31.

Entities

Ana Paty Peralta · Benito Juárez · Cancún · Huamantla · Salvador Santos Cedillo