Industriales asked the government to drive SME law in Congress

Industriales asked the government to drive SME law in Congress

February 13, 2025 – 14:51

The chief of Cabinet, Guillermo Francos, received the Chamber of Industrialists of the Argentine Republic (figure).

Cabinet Headquarters

The Camera de Industrial Fundadores de la República Argentina (figure)he held a meeting at Casa Rosada this Thursday with the chief of cabinet, Guillermo Francos. During the meeting, the referents of the sector presented the economic situation that the metallurgicals in general and their main needs have been going through.

Besides, The need to boost the SME law in Congress was raised That the investment favors, reduces the tax pressure and improves the conditions with which the small and medium enterprises come to compete, which today pay one of the highest taxes in the world.

The Chamber asked to contemplate in the project the same tax, exchange and customs benefits established for large companies in the regime of incentives to large investments (Rigi), which can be applied to promote the investment of SMEs. In addition, also the reduction of the income tax, improve the refund of VAT and the deduction of the export rights of industrial goods. This last point could have green light, as he could know Scope.

In that sense, the president of the figure, Pablo Gaspari He presented the need to promote this law: “We want the court to be leveled and that we can compete. Today the national industry has a tax pressure of more than 55%. Argentine SMEs have the highest taxes in the world and this raises current production costs “and also remarked that” the metallurgical industry is one of the pillars of the economy of our country, which today generates more than 300,000 direct jobs ” :

The camera brings together 350 companies that supply with supplies and pieces to the automotive, steel, mining, oil and agricultural machinery industries, among others, and have a high impact on the industrial GDP. In Argentina, the foundry industry is mainly concentrated in the province of Buenos Aires, Santa Fe, and Córdoba.

In the meeting some also talked concrete measures that the foundry sector needs such as the reduction of the tax burden on gas and electricity invoices such as VAT and income tax, The implementation of a special rate for electrinensive industries and the elimination of export rights for industrial products to improve competitiveness in international prices, where competitors receive reintegrates of up to 40% by exporting capital goods and their parts.

The vice president, Enzo Sofrzini, and the manager, Martín Bernocco, also participated in the audience.

Source: Ambito

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