ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
Decree 28/2018 eliminates several rules concerning the entry and establishment of companies. Particularly of interest to the GTA are those related to the automotive industry. Prior to the new legislation, the President of Argentina had to approve the installation of new automobile terminals and any ownership changes. However, with the new legislation, these provisions have been eliminated, and anyone wanting to produce automobiles in Argentina does not require to hold a presidency authorization.
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