The Government launched a moratorium for more than 520 thousand companies

The Government launched a moratorium for more than 520 thousand companies

They will be able to present the papers between February 1 and December 31, 2025. It also eliminated the Registry of Inactive Entities.

Mariano Fuchila

He This Tuesday, the Government launched a moratorium so that more than 520 thousand companies can regularize their balance sheets and accounting documentation and eliminated the Registry of Inactive Entities (REI). The Ministry of Justice did it through the General Inspection of Justice (IGJ).

The Minister of Justice, Mariano Cúneo Libaronarated both measures as “historical”in line with President Javier Milei’s commitment “to the simplification of procedures and the end of ineffective structures inherited from previous administrations.”

Between February 1 and December 31, 2025, owed balances may be submitted with a single simplified form. During this time, summary procedures related to these issues will be suspended and those that have been initiated will be archived. Among the favored entities are Stock Companies, Civil Associations and Foundations.

image.png

@MinJusticia_Ar

Regarding the elimination of the REI, the Inspector General of Justice, Daniel Vitolo, justified this decision by alluding that “this registry, created in 2010, failed to reflect the true situation of the entities included and generated uncertainty for both third parties and national and international control organizations.”

Meanwhile, The Ministry of Justice assured that the Financial Action Task Force (FATF) considered in its last evaluation that the REI was irrelevant and “distorted the transparency necessary for the effective control of the entities.”

Moratoriums: who benefits

According to general resolution IGJ 4/25, they will be able to access this benefit companies by shares, civil associations and foundations that owe presentations of financial statements, entities incorporated abroad registered in the terms of article 118, third paragraph, of law No. 19550 (TO 1984), and limited liability entities whose capital reaches the amount determined in paragraph 2 of article 299 of law No. 19550 (TO 1984), and the accounting documentation in accordance with the joint resolution No. 5289/2022 (IGJ-AFIP).

For the inspector general, Daniel Vitolo, “This moratorium is a huge step taken by the State to help entities regularize their situation, providing them with an important benefit.”

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts