Argentina

Asset Regularisation Regime

An Asset Regularisation Regime was established by Law 27.743, providing taxpayers with a legal framework to disclose undeclared assets located in Argentina or abroad. This voluntary regime allows individuals, undivided estates, and entities to bring previously unreported assets into compliance, such as real estate, financial instruments, and other properties, under specific conditions. By adhering to this regime, taxpayers avoid fines and penalties associated with non-compliance. Additionally, the law offers reduced tax rates based on the type and timing of the disclosure, incentivising early participation.

Promotional Regime for Large Investment

The Argentine Congress has recently passed a comprehensive law package that introduces, among several legislative amendments, a Promotional Regime for Large Investment (RIGI for its Spanish acronym). This innovative and attractive regime is designed to attract large investments to the country.

RIGI is a comprehensive promotional regime designed to provide certainty, stability, legal security, and protection to foster specific long-term investments in Argentina, by offering tax, customs, and currency exchange incentives.

The regime applies nationwide, encompassing sectors such as forestry, tourism, infrastructure, mining, technology, steel, energy, and oil and gas.

The deadline to adhere to the regime is two years as from the law's enactment, with an option for a one-year extension.

See the Tax credits and incentives section for more information.