Blog

We had the pleasure to meet with representatives of some high-end properties in Mexico. There are great deals to be had for meetings through 2011.  Just to give a few highlights we heard:

Several years ago Mexico implemented a 0% VAT on international conventions organized through foreign meeting planners. Be forewarned – incentive meetings do not qualify for the 0% VAT. The VAT varies in cities; Cancun and Los Cabos have a 10% VAT, Puerto Vallarta, 15%. The VAT exemption is regulated by the Mexican government, the rules are clearly stated. The meeting must have daily sessions running from at least 9am to 12pm, and be one of the following: (more…)

It’s the evening of the first day of your company’s most important conference of the year. Everything’s gone smoothly so far and you’ve finally got some free time to do a little schmoozing at the evening reception party. As you enter the reception there’s a hushed crowd gathered around a man lying face down on the floor. A co-worker rushes over to you. The man tripped on a power cord and is unconscious. He’d been drinking. An ambulance is on its way. Are you protected if the man decides your company was somehow liable?

In a society where people sue for millions over missing pants and hot coffee, it’s imperative to be proactive and take the necessary risk management steps to limit one’s exposure to financial liability. ITEX has put together some guidelines for you to consider when conducting your next conference. (more…)