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Industrialists set their sights on segmentation

Industrialists set their sights on segmentation
Industrialists set their sights on segmentation

The leaders of the Argentine Industrial Union (UIA) want the productive sector to be the unifying element of Argentine politics and to this end they hope that the project will new SME Law in which the Secretary of Planning for Productive Development, Juan Pazo, works, be agreed upon by all sectors.

They want thus avoiding differences arising in Congressas happened with the Ley Bases and the fiscal package, which were initiatives that practically split the Legislative Branch in two. The idea is that when it is put to debate, it will already have prior work.

This was made known to Pazo at the last meeting that the official held with the Secretary of Domestic Trade, Pablo Lavigne, at the traditional headquarters of the UIA on Avenida de Mayo.

In fact, until nowThe only two laws that Javier Milei’s government sent to Congress had a very long process that took several months, and even so they managed to gain the support of a large part of the opposition.

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What received the most criticism from the opposition was the Large Investment Incentive Scheme (RIGI) because it was considered to give dToo many tax and exchange rate advantages for large companies, but there was nothing for the girls. The idea of ​​a nThe new SME law, which supersedes the current one, arises from these criticisms and would come to remedy this oversight. It is understood that Peronism would have to be willing to support the initiative.

A new oneand SMEs have to redefine what it means to be a “small or medium-sized enterprise”” based on its turnover, surface area and number of people it employs. The current one already does this.

According to what they indicated UIA sources told Ambito, a regime of accelerated amortization of assets in use would be considered, which allows the company to pay less Income Tax and the possibility of applying balances from other taxes to the payment of VATas is the case with the tax on bank debits and credits.

What worries industrialists most at the moment is equalize the conditions that a national company might have with one from abroad for RIGI projects. In this way, they could compete on equal terms if a promoted company wants to import supplies that can be obtained here.

In the UIA also proposes tax simplification, and that the parameters be automatically updateds for companies in the segment, which facilitate the procedures for creating companies, financing and tools for internationalization.

The government has already indicated to the businessmen that They are willing to work on the idea as long as it has low or no tax cost. The good thing for industrialists is that, since they are SMEs with relatively low tax expenditure, they can cover many companies.

Pazo meetings continue

The secretaryPazo now plans to continue the round of consultations with businessmen from the chambers that bring together small and medium-sized companies. This Thursday will meet with the main leaders of the General Business Confederation of the Argentine Republic (CGERA)The new SME law will be analysed and he will be accompanied by his entire team of technicians. The Undersecretary for SMEs, Marcos Ayerra, will also be there.

“Let’s see how it goes. NWe will be learning about it at that time,” explained the head of CGERA, Marcelo Fernández, to Ambito. The businessman anticipated that from that chamber it will be done axis in the issue of segmentation of companies by categories.

Currently, micro-SMEs have a turnover level of $435.8 million per year for industrial activity; SMEs, up to $3,256.8 million; medium-sized segment 1, up to $23,180 million and medium-sized segment 2 up to $46,835.8 million.

“A company with 3 employees is not the same as one with 300,” said Fernandez, pemphasizing that both are SMEs. The businessman points out that “eIn reality, 99% of companies in Argentina are SMEs”. “That 99% needs to be segmented,” he explained. For this reason, he indicated that “segmentation has to be by turnover or by number of employees.”

The entrepreneurs of the small chambers consider that by segmenting the universe by billingby increasing the amounts as is done every year, Companies are entering that, although they are SMEs, could be considered large.. “If there is a scarce resource, it should be distributed better,” explained the head of CGERA. He also They raise the need for the labor regime to be different from that of large companies, because girls do not have the “backing” to fulfill agreements designed in a scheme for large companies.

How many SMEs are there in Argentina?

According to the Secretariat of Planning for Productive Development, there are currently 1,758,722 individuals and legal entities that have the MiPyME certificate

current, of which 424,275 are employers who generated 4,005,994 jobs in 2023.

Source: Ambito

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