IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 06 Dec 2017 | Removal date: open ended
Still in force

FDI: Financial incentive

On 6 December 2017, the Ministry of Production of Argentina announced that the BICE had created a new credit line with beneficial interest rates for local software and IT companies to finance the acquisition of foreign companies. The maximum values are ARS 80 million (USD 4.6 million) for SMEs and ARS 200 million (circa USD 11.6 million) for the rest to be repaid in 15 years if the transaction was made in Argentine Pesos or 10 years if it was in US Dollars.

AFFECTED COUNTRIES

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