He Ministry of Economy through the Undersecretariat of Industrial Policy The incentive scheme aimed at promoting the national manufacture of capital goods, information technology and telecommunications was extended until December 31, and the process for accessing it was also made easier.
The decision was made by the Provision 28/2024 published this Wednesday, August 7, in the Official Gazette. The benefit is through a tax bonus with a reduction of 10 percentage points.
Industrial promotion regime: what points are modified to facilitate the process
- Registration in the registry. Once the aforementioned requirements have been met, the National Directorate of Industrial Policy Management will issue the administrative act granting registration in the Registry, which will have retroactive effects from the time the application was initiated if it is complete or from the last correction if this has taken place.
The submission is deemed complete when all the requirements and formalities required by the regulations have been met. The date from which the beneficiary is considered registered will be reported to the FEDERAL PUBLIC REVENUE ADMINISTRATION (AFIP).
The rejection of the application for registration will be substantiated by an administrative act of the National Directorate of Industrial Policy Management.”
- Suspension of registration. When the National Directorate of Industrial Policy Management becomes aware that a beneficiary of the Regime is in breach of any of the aspects that made its registration possible, in accordance with the provisions set forth in Article 2 of Decree No. 379/01 and its amendments, with the exception of the requirement established in section f), it will proceed to notify the beneficiary so that within a period of no more than THIRTY (30) days, it proceeds to correct the breach.
Once the period indicated in the preceding paragraph has elapsed without the beneficiary having regularized the situation, The suspension of registration will operate for a period of THREE (3) months or until the non-compliance is corrected, whichever occurs first, will have the effect of suspending the benefits provided for in Article 3 of Decree No. 379/01 and its amendments, as of the date on which the non-compliance was verified.
The National Directorate of Industrial Policy Management will issue the administrative act that provides for the suspension and will inform the FEDERAL PUBLIC REVENUE ADMINISTRATION (AFIP) of the date from which it has been determined.”
- Procedure for biennial validation of registration. The planned biennial validation must be carried out within THIRTY (30) business days prior to the completion of each biennium from its registration in the Registry of Beneficiaries and Products of the Incentive Regime for Manufacturers of Capital Goods, by completing the form available in the Remote Procedures System (TAD) through the user of a legal representative or agent with sufficient powers.
Failure to submit the biennial validation within the term will result in the Suspension of registration in the Registry under the terms of Article 10 of Annex I, starting from the month following the expirationFor the purposes of biennial validation, registered subjects must prove compliance with the requirements specified for registration in the aforementioned registry.
Once the above-mentioned steps have been taken, The Industrial Policy Enforcement Directorate will prepare a report that accounts for compliance with the validation stageelevating the proceedings to the National Directorate of Industrial Policy Management, which will record the revalidation through a substantiated report for subsequent notification to the beneficiary.
The presentation of the biennial validation will be substantiated when the subjects registered in the Registry have processed the “Annual Bonus Application” or submitted the “Annual Information Regime” for TWO (2) consecutive years, provided that these submissions show that they are in compliance with the requirements provided for registration in said Registry.”
The amendments are effective as of today, with their publication in the Official Gazette.
Source: Ambito
