{"id":678,"date":"2012-01-08T02:46:07","date_gmt":"2012-01-08T02:46:07","guid":{"rendered":"https:\/\/www.kierjoffe.com\/news\/?p=678"},"modified":"2018-07-19T15:38:58","modified_gmt":"2018-07-19T18:38:58","slug":"doing-business-argentina","status":"publish","type":"post","link":"https:\/\/www.kierjoffe.com\/news\/lawyer-argentina-attorney-buenos-aires-law-firm\/doing-business-argentina\/","title":{"rendered":"Doing Business Argentina"},"content":{"rendered":"<p>doing business in argentina &#8211;\u00a0starting business argentina &#8211;\u00a0registering business argentina &#8211;\u00a0business meetings argentina &#8211;\u00a0argentina business guide &#8211;\u00a0argentina gaap &#8211;\u00a0doing business in argentina culture<\/p>\n<h2>Doing Business Argentina: CHAPTER 1<\/h2>\n<p>\u2014 Profile of Argentina \u2014 An overview of the country, its population and geography \u2014 16<br \/>\n1.1. Argentina at a glance \u2014 18<br \/>\n1.2. Geographical location and territory \u2014 19<br \/>\n1.3. Climate and natural resources \u2014 20<br \/>\n1.4. Population and demographics \u2014 22<br \/>\n1.5. Language and religion \u2014 25<br \/>\n1.6. Education \u2014 25<br \/>\n1.7. Form of government \u2014 26<br \/>\n1.8. Political system \u2014 27<br \/>\n1.9. Foreign relations \u2014 27<br \/>\n1.10. Infrastructure and communications \u2014 28<\/p>\n<h2>Doing Business Argentina: CHAPTER 2<\/h2>\n<p>\u2014 Economy and business \u2014 An overview of our economy and business structure \u2014 34<br \/>\n2.1. Main economic indicators \u2014 36<br \/>\n2.2. Economic structure \u2014 37<br \/>\n2.2.1. Primary sector \u2014 38<br \/>\n2.2.2. Industrial sector \u2014 41<br \/>\n2.2.3. Services \u2014 43<br \/>\n2.3. Companies in Argentina \u2014 45<br \/>\n2.3.1. Profile of the top 500 non-financial companies \u2014 45<br \/>\n2.3.2. Multinational companies \u2014 47<br \/>\n2.4. Economic policy \u2014 48<br \/>\n2.4.1. Fiscal policy \u2014 48<br \/>\n2.4.2. Monetary and exchange policy \u2014 49<br \/>\n2.4.3. Debt policy \u2014 50<br \/>\n2.5. Domestic and foreign investment \u2014 51<br \/>\n2.5.1. Gross domestic foreign investment (GDFI) \u2014 51<br \/>\n2.5.2. Foreign Direct Investment (FDI) \u2014 52<br \/>\n2.6. International trade \u2014 54<br \/>\n2.6.1. Trade in goods \u2014 54<br \/>\n2.6.2. Trade in services \u2014 58<br \/>\n2.7. Labor market \u2014 58<br \/>\n2.8. Financial system and capital markets \u2014 60<br \/>\n2.8.1. Banking system \u2014 60<br \/>\n2.8.2. Capital markets \u2014 6210 \u2014DOING BUSINESS IN ARGENTINA \u2014 AN INVESTOR\u2019S GUIDE<\/p>\n<h2>Doing Business Argentina: CHAPTER 3<\/h2>\n<p>\u2014 Setting up a business in Argentina \u2014 How to do business in Argentina \u2014 64<br \/>\n3.1. Establishing a company \u2014 66<br \/>\n3.1.1. Branch offices \u2014 66<br \/>\n3.1.2. Creation of a new company or acquisition of ownership interests in an existing one \u2014 68<br \/>\n3.2. Accessing investment opportunities in Argentina \u2014 71<br \/>\n3.2.1. The Productive Investment Opportunities Database (BaPIP) \u2014 71<br \/>\n3.2.2. Goals of the BaPIP \u2014 72<br \/>\n3.2.3. Submission requirements for projects \u2014 72<br \/>\n3.2.4. Access to the BaPIP website \u2014 72<br \/>\n3.3. Settling in Argentina \u2014 73<br \/>\n3.3.1. Entry permits \u2014 74<br \/>\n3.3.2. Types of residence permits \u2014 74<br \/>\n3.4. Lease and purchase of real estate \u2014 77<br \/>\n3.5. Rural land purchase \u2014 77<br \/>\n3.6. Building permits \u2014 78<\/p>\n<h2>Doing Business Argentina: CHAPTER 4<\/h2>\n<p>\u2014 Legal framework \u2014 Key legislation and regulations \u2014 80<br \/>\n4.1. Legal framework for FDI \u2014 82<br \/>\n4.1.1. Foreign Investment Law \u2014 82<br \/>\n4.1.2. Bilateral investment treaties \u2014 83<br \/>\n4.1.3. Transferring funds into and from Argentina \u2014 85<br \/>\n4.2. Tax system \u2014 87<br \/>\n4.2.1. National taxes \u2014 88<br \/>\n4.2.2. Provincial taxes \u2014 90<br \/>\n4.2.3. Municipal taxes \u2014 91<br \/>\n4.3. Hiring employees \u2014 91<br \/>\n4.3.1. Types of employment contracts \u2014 91<br \/>\n4.3.2. Work experience contracts for training purposes \u2014 94<br \/>\n4.3.3. Remuneration \u2014 95<br \/>\n4.3.4. Occupational hazards \u2014 98<br \/>\n4.3.5. Vacations and leave \u2014 98<br \/>\n4.3.6. Minimum working age \u2014 99<br \/>\n4.3.7. Dismissal \u2014 99<br \/>\n4.3.8. Registering the work relationship \u2014 100<br \/>\n4.3.9. Incentives for contracting personnel \u2014 101<br \/>\n4.4. Intellectual property \u2014 101<br \/>\n4.4.1. Copyright \u2014 101<br \/>\n4.4.2. Industrial property \u2014 101<br \/>\n4.5. Environmental legislation \u2014 104<br \/>\n4.5.1. Environmental Law \u2014 104<br \/>\n4.5.2. Law of Integrated Management on Industrial Waste and Services Activities \u2014 104<br \/>\n4.5.3. Other specific environmental provisions \u2014 104INDEx\u2014 11<\/p>\n<h2>Doing Business Argentina:CHAPTER 5<\/h2>\n<p>\u2014 Foreign trade regulations \u2014 How to export from and import to Argentina \u2014 106<br \/>\n5.1. Argentina and its participation in multilateral trading \u2014 108<br \/>\n5.2. Requirement for international trade operations \u2014 108<br \/>\n5.2.1. Registering with the National Registry of Exporters and Importers \u2014 108<br \/>\n5.2.2. Registration as frequent importer and exporter \u2014 109<br \/>\n5.2.3. Registration as a non-frequent exporter \u2014 110<br \/>\n5.3. Exports: relevant steps and information \u2014 110<br \/>\n5.3.1. Customs clearance procedure for exports \u2014 110<br \/>\n5.3.2. Export refund system \u2014 111<br \/>\n5.3.3. Export duties \u2014 112<br \/>\n5.3.4. VAT exemptions \u2014 112<br \/>\n5.3.5. Other aspects \u2014 112<br \/>\n5.4. Imports: relevant steps and information \u2014 114<br \/>\n5.4.1. Types of imports \u2014 114<br \/>\n5.4.2. Import licensing \u2014 114<br \/>\n5.4.3. Sworn Affidavit Prior to Import \u2014 114<br \/>\n5.4.4. Sworn Affidavit Prior to Rendering Services \u2014 115<br \/>\n5.4.5. Tariffs and duties \u2014 115<br \/>\n5.4.6. Other aspects \u2014 116<\/p>\n<h2>Doing Business Argentina: CHAPTER 6<\/h2>\n<p>\u2014 Investment incentives \u2014 Public support to foster investment \u2014 118<br \/>\n6.1. Investment incentives for capital goods and infrastructure \u2014 120<br \/>\n6.1.1. Law to promote investments in capital goods and infrastructure works \u2014 120<br \/>\n6.1.2. Reduction of import duties on capital goods \u2014 120<br \/>\n6.1.3. Incentives for national production of capital goods, IT, telecommunications<br \/>\nand agricultural machinery \u2014 120<br \/>\n6.1.4. Reduction in Value-Added Tax (VAT) \u2014 120<br \/>\n6.1.5. Import of capital goods for large investment projects \u2014 121<br \/>\n6.1.6 Temporary import of capital goods \u2014 121<br \/>\n6.2. Sector-specific incentives \u2014 121<br \/>\n6.2.1. Promotion of the automotive and auto-part industries \u2014 121<br \/>\n6.2.2. Software industry promotion \u2014 122<br \/>\n6.2.3. Promotion of state-of-the-art biotechnology development and production \u2014 122<br \/>\n6.2.4. Biofuels promotion \u2014 123<br \/>\n6.2.5. Promotion of the motorcycle and motorcycle parts industries \u2014 123<br \/>\n6.2.6. Mining industry promotion \u2014 124<br \/>\n6.2.7. Forestry \u2014124<br \/>\n6.2.8. Promotion of the exploration and exploitation of hydrocarbons \u2014125<br \/>\n6.2.9. Public infrastructure Works \u2014 125<br \/>\n6.2.10. Promotion of the use of renewable sources of energy \u2014 125<br \/>\n6.2.11. Audiovisual industry \u2014 126<br \/>\n6.3. Location incentives \u2014 127<br \/>\n6.3.1. Provincial incentives \u2014 127<br \/>\n6.3.2. Free Trade Zones \u2014 127<br \/>\n6.4. Incentives for innovation and technological development \u2014 127<br \/>\n6.4.1. Argentine Technology Fund (FONTAR) \u2014 127<br \/>\n6.4.2. Software Industry Fiduciary Fund (FONSOFT) \u2014 12812 \u2014DOING BUSINESS IN ARGENTINA \u2014 AN INVESTOR\u2019S GUIDE<br \/>\n6.4.3. Fund for Scientific and Technological Research (FONCYT) \u2014 128<br \/>\n6.4.4. Argentine Sector Fund (FONASERC) \u2014 128<br \/>\n6.4.5. National Science and Technology Council (COFECYT) \u2014129<br \/>\n6.4.6. Promotion and Encouragement of Technological Innovation (Law No. 23877) \u2014 129<br \/>\n6.5. Employment incentives \u2014 129<br \/>\n6.5.1. New hiring incentive programs \u2014 129<br \/>\n6.5.2. Training programs for employees \u2014 130<br \/>\n6.6. Investment Financing \u2014 131<br \/>\n6.6.1. Credit lines from the National Bank of Argentina (BNA) \u2014131<br \/>\n6.6.2. Bicentennial program for productive Financing \u2014 131<br \/>\n6.6.3. Credit lines from the Investment and Foreign Trade Bank (BICE) \u2014131<br \/>\n6.6.4. Credit lines from the Federal Investment Council (CFI) \u2014 131<br \/>\n6.6.5. Subsidized rates for loans to Micro, Small and Medium-Size Enterprises (MiSMEs) \u2014 132<br \/>\n6.6.6. National Development Fund for MiSMEs (FONAPyME) \u2014 132<br \/>\n6.6.7. Bicentennial national program for industrial park development \u2014132<br \/>\n6.6.8. FINPYME \u2014132<br \/>\n6.7. Export promotion \u2014133<br \/>\n6.7.1. Draw back \u2014 133<br \/>\n6.7.2. Export refunds \u2014 133<br \/>\n6.7.3. Inward processing relief \u2014134<br \/>\n6.7.4. Turnkey exports \u2014 134<br \/>\n6.7.5. In-company customs system (RAF) \u2014134<br \/>\n6.7.6. In-house customs \u2014135<br \/>\n6.7.7. Undersecretariat for Investment Development and Trade Promotion \u2014135<br \/>\n6.7.8. Fundaci\u00f3n Exportar \u2014 135<br \/>\n6.7.9. PROArgentina \u2014136<\/p>\n<h2>Doing Business Argentina: CHAPTER 7<\/h2>\n<p>\u2014 Living in Argentina \u2014 A place you will want to stay \u2014 138<br \/>\n7.1. Quality of life \u2014 140<br \/>\n7.2. Transport \u2014 140<br \/>\n7.3. Culture \u2014 140<br \/>\n7.4. Entertainment \u2014 142<br \/>\n7.5. Cuisine \u2014 143<br \/>\n7.6. Tourism \u2014 144<\/p>\n<h2>Doing Business Argentina: CHAPTER 8<\/h2>\n<p>\u2014 Frequently asked questions \u2014 Answers to investors\u2019 queries \u2014 146<br \/>\n8.1. What is the legal framework that protects foreign investment? \u2014 148<br \/>\n8.2. Are foreign investors treated differently from national investors? \u2014 148<br \/>\n8.3. Is there a foreign investment registry? \u2014 148<br \/>\n8.4. What restrictions are there on companies remitting profits abroad? \u2014 148<br \/>\n8.5. Are there any restrictions on specific sectors? \u2014 148<br \/>\n8.6. Does Argentina adhere to the Authorized Economic Operator (AEO) program? \u2014 148<br \/>\n8.7. What kinds of immigration permits are required to do business in Argentina? \u2014 148<br \/>\n8.8. What are the main legal provisions that regulate the labor market? \u2014 148<br \/>\n8.9. How many hours is a work day? \u2014 148<br \/>\n8.10. How many vacation days are workers entitled to per year? \u2014 149INDEx\u2014 13<br \/>\n8.11. Is there an extra or additional salary to be paid per year? \u2014 149<br \/>\n8.12. What are the terms of the different work contracts? \u2014 149<br \/>\n8.13. What are the regulations governing redundancy? \u2014 149<br \/>\n8.14. How is the tax system structured? \u2014 149<br \/>\n8.15. What are the main taxes according to the different levels of government? \u2014 149<br \/>\n8.16. Are there any promotional and\/or incentive programs in place to encourage investment? \u2014 150<br \/>\n8.17. Are there any industry-specific incentives in place? \u2014 150<br \/>\n8.18. Are investment incentives provided at a provincial level? \u2014 150<br \/>\n8.19. What are the options available to establish a company in Argentina? \u2014 150<br \/>\n8.20. Which importers need to file a Sworn Affidavit Prior to Import (DJAI)? \u2014 150<br \/>\n8.21. Is the Sworn Affidavit Prior to Import required to be processed<br \/>\ntogether with the non-automatic import license? \u2014 150<br \/>\n8.22. What is the validity period of the Sworn Affidavit Prior to Import? \u2014 150<\/p>\n<h2>Doing Business Argentina: Chapter 9<\/h2>\n<p>\u2014 Directory \u2014 Key public institutions for doing business in Argentina \u2014 152<br \/>\n9.1. National entities \u2014 154<br \/>\n9.2. Provincial entities \u2014 156<br \/>\n9.3. Information sources<\/p>\n<p>To download the &#8220;Doing Business in Argentina Report&#8221; in PDF please click here:\u00a0<a title=\"Doing Business Argentina Report\" href=\"https:\/\/www.kierjoffe.com\/doing-business-argentina.pdf\" target=\"_blank\">https:\/\/www.kierjoffe.com\/doing-business-argentina.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>doing business in argentina &#8211;\u00a0starting business argentina &#8211;\u00a0registering business argentina &#8211;\u00a0business meetings argentina &#8211;\u00a0argentina business guide &#8211;\u00a0argentina gaap &#8211;\u00a0doing business in argentina culture Doing Business Argentina: CHAPTER 1 \u2014 Profile of Argentina \u2014 An overview of the country, its population and geography \u2014 16 1.1.&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-678","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Doing Business Argentina: Download Doing Business Argentina PDF<\/title>\n<meta name=\"description\" content=\"Doing Business Argentina: Download Doing Business Argentina PDF. Overview of the Argentina Country. Political and legal system in Argentina. The economy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kierjoffe.com\/news\/lawyer-argentina-attorney-buenos-aires-law-firm\/doing-business-argentina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doing Business Argentina: Download Doing Business Argentina PDF\" \/>\n<meta property=\"og:description\" content=\"Doing Business Argentina: Download Doing Business Argentina PDF. Overview of the Argentina Country. Political and legal system in Argentina. 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