NewsCase StudiesEvents

Financing a Business in Argentina

Argentina

Financing a Business in Argentina

Recent forum posts

 

  1. Starting a new business in India

    I run a UK business and my fellow Director is an Indian National (I am a British citizen).We now want to launch our company in India and I am struggling to make any progress with the Indian High Commission. Can anyone help me with the process. I have twice visited the commission in London and wasted hours of time due to their complete lack of organisation.I will appreciate any help to make

    Total Posts: 9 Last post by Mohammed020

  2. starting a business

    Hi There!I was looking to bring in a skincare range from America to sell in UK, what legal procedures do I need to abide by? ie. licensinglaws, testing etc

    Total Posts: 6 Last post by Jpm

Financing a Business in Argentina

Foreign and local companies are subject to the same set of incentives and law. Argentina has created several tools in order to promote investment. General incentives include tax exemption on imported capital goods. A resolution reduced the import duty on certain telecommunications products, information technology industries, and capital goods to 0 percent. VAT reduction (10,5%) applies on locally purchased and imported finished goods and telecommunication goods including their parts and component.

Special import regime for large industrial investments, leasing regime, in-house customs, simplified import system and temporary admission regime are also available. Recently the Government approved a new law that imposes the refund on VAT on goods destined to investment in Argentina.

Further incentives apply to particular sectors, such as mining, forestry and tourism. Fore more information and contacts visit the website of the Invertir Foudacion (www.invertir.com), which provide a complete guide to business in Argentina, with plenty of material on laws and new Government projects and funding.

Mining

A mining regime established a 30-year guarantee of fiscal stability for new projects and extension of exiting ones, deductions of exploration costs and deductibility of new assets incorporated in the process.

Forestry

Advantageous fiscal benefits are set for the forestry sector to achieve long-term goals.

Tourism

The construction and equipment of new hotels, the reforms and improve upon existing ones and for recreation and general services related with tourism are also promoted through total or partial exemption on turnover tax and real state tax for a period from 5 to 15 years. Various provinces in Argentina have also regional investment promotion regimes.

Environment

Some projects with international funding include the clean-up of Matanza-Riachuelo River and the National Urban Solid Waste Management. Vast funding from World Bank and Argentine Government are available.

Click here to Ask an Expert about Financing a Business in Argentina

Organisations that can assist with Financing a Business

  • > Need to open a bank account in this country?

    Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.

    More Details Visit Website
  • > GCE Global Solutions

    Itīs a pleasure for us to introduce our BUSINESS CONSULTANT GROUP, a leader in Outsourcing business management area, oriented to micro, small, medium and big corporations.

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.