INCENTIVE REGIME FOR LARGE INVESTMENTS (RIGI)
On July 8th, 2024, the “Bases and Starting Points for the Freedom of Argentines Law No. 27.742” (the “Law”) was published in the Official Gazette of the Argentine Republic, which amends a wide variety of rules affecting both public and private laws (see report below).
In particular, the Title VII of the Law provides the creation of the Incentive Regime for Large Investments (“RIGI”). Article 226 of the Law established a 30 day term for the issuance and implementation of the regulation of the Law; situation that took place on August 23rd under the Decree No. 749/2024 (the “Decree”).