Argentina: New incentive regime for large investments includes direct and indirect tax, customs measures
Incentives include direct and indirect tax and customs benefits, as well as a special foreign exchange regime
Direct and indirect tax, customs measures
President Javier Milei sent to the Argentine Congress a bill entitled "Law of Grounds and Starting Points for the Freedom of Argentines," which includes a new incentive regime for large investments (Régimen de Incentivo para Grandes Inversiones or RIGI) aimed at:
- Encouraging large national and foreign investments in certain sectors
- Generating conditions of predictability, stability, and legal certainty for those investments
- Providing special protection in the event of deviations and/or non-compliance by the government
The incentives of the RIGI include direct and indirect tax and customs benefits, as well as a special foreign exchange regime.
Read a December 2023 report [PDF 470 KB] prepared by the KPMG member firm in Argentina
For more information, contact a KPMG tax professional in Argentina:
Gonzalo Brest | gbrest@kpmg.com.ar
Hernán Caire | hcaire@kpmg.com.ar
Juan Martin Jovanovich | mjovanovich@kpmg.com.ar
Violeta Lagos | vlagos@kpmg.com.ar
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