IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Sep 2013 | Removal date: open ended
Still in force

Tax or social insurance relief

On 9 September 2013, the Argentinian government adopted Presidential Decree 1,315/2013 regulating the 'Promotional Regime for the Software Industry' set forth by Law 25,922 and extended by Law 26,692. Companies that develop software receive the following benefits until 31 December 2019:

  • stability for taxpayers
  • tax credit, which can be used to offset national tax liabilities (for instance, VAT)
  • 60% reduction in the income tax burden for each fiscal year, applicable to both Argentine source income and to foreign source income
  • excemption form VAT withholding or reverse withholding

 
However, companies interested in the promotional regime are obliged to fulfill the following requirements:

  • Carry out software research and development (R&D) activities: R&D annual expenditures should represent at least 3% of the annual total expenses until 2015. Afterwards, the percentage will be increased annually until 2019.
  • obtain a quality certification of software products or processes
  • Perform software exports: The exports should represent at least 8% of the annual total revenues until 2015. Afterwards, the percentage will be increased annually until 2019.

 
The Law 26.692 took effect on 28 February 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

483 Optical instruments & photographic equipment; parts thereof
9002 Lenses, prisms, mirrors and other optical elements, of any material, mounted, being parts of or fittings for instruments or apparatus, other than such elements of glass not optically worked.
900211 For cameras, projectors or photographic enlargers or reducers

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