What is Electronic Value Manifestation? There is an extension until 2026
The Electronic Manifestation of Value (MVE) is a digital document that declares the real value of the merchandise entering the country, and with this it will verify that taxes are calculated correctly.
Previously it was known as Format E2 “Manifestation of value” and the format was in Annex 1 of the Fifth Transitional Article of the General Rules of Foreign Trade.
This year, its mandatory transmission was announced starting December 9, 2025 and to facilitate presentation, it is available digitally. However, it will be due on April 1, 2026.
In this sense, until March 31, 2026, companies that introduce goods into the national territory will be able to comply with the obligation to provide the manifestation of value, either through its transmission in the VUECM or under the traditional scheme, as has been fulfilled.
“These years we have worked to modernize the processes, because what we seek is to facilitate compliance and take paper to digital. This extension allows us to improve procedures, offer greater clarity and avoid unnecessary audits,” said Erick Jiménez Reyes, General Administrator of Foreign Trade Audit (AGACE).
The SAT reported that one of the advantages of the electronic scheme is that the information contained in the value statement may be modified extemporaneously without foreign trade users incurring economic sanctions.
With this measure, the SAT reaffirms its commitment to modernization, transparency and permanent support to the business sector to improve compliance in foreign trade matters.
Reform of the Customs Law may result in overregulation and delays
The reform to the Customs Law, which was approved by Congress to come into force on January 1, 2026, aims to modernize processes, strengthen inspection and combat tax evasion and smuggling, but it may lead to over-surveillance of companies that depend on foreign trade.
For Juan Francisco Torres Landa, commercial and financial partner at Hogan Lovells, there is concern about the redesign of customs and communication with the private sector, which can translate into operational difficulties and cost overruns from its application.
The International Chamber of Commerce Mexico (ICC) pointed out that modernization can have its adverse effects, such as leaving “loose ends” that can reduce the dynamism of foreign trade.
“Overregulation could make Mexico less attractive compared to other countries that are currently competing for investments derived from nearshoring,” the organization details in a statement.
Countries that are not trading partners with Mexico, such as China and India, can see real changes in supply chains, because “many of these products are expected to actually have some type of relocation to the North American region, be it the United States, Mexico, Canada,” said Gilberto Lozano Meade, managing partner of Roland Berger.
In August of this year, the 33.5% tariff on international imports from countries without trade agreements came into force.
