The decision was announced by the ministers of Economy, Martin Guzmanand Productive Development, Matias Kulfas, together with the president of the Central Bank, Miguel Fish.
For those human beings who provide services abroad in a private way (programmers, psychologists, among others) the possibility of directly depositing their fees in dollars in financial entities of the country is enabled, up to a limit of US$12,000 per year, without the need to liquidate them in the foreign exchange market.
This means that freelancers Now they will be able to withdraw cash dollars from banks, or sell them on the Stock Exchange (arranged sales of securities with settlement in foreign currency), at the MEP exchange rate, which is currently around $207. With which, They will no longer be required to settle them at the official exchange rate, today close to $120.
In any case, The BCRA clarified that the condition for using this mechanism is that freelancers do not acquire foreign currency through the Stock Exchange 90 days before the accreditation of the funds and undertake not to do so for the subsequent 90 days. In addition, income above said amount (US$12,000 per year) must be settled at the official exchange rate.
The regime of exception to the obligation to liquidate foreign currency for the collection of exports of services for certain concepts it is retroactive to January 1, so the annual total may be available until the end of the year, as arranged by the Central Bank Directory
For businesses
With the measure announced by the Government, companies in the knowledge economy will also be able to access the foreign exchange market for 50% of the incremental exports, provided that this is destined exclusively to up to 20% of the wages paid.
From the Government they reported that, in this way, the export sectors of digital services have one more tool to continue generating modern value and exports for the country
The knowledge economy sector is made up of four production chains: business services, cultural industries, research and development, and software and computer services. It has a weight of 5.4% in GDP and 7.1% of total exports of goods and services.
In addition, this item receives a series of important benefits (Law with tax benefits, elimination of DEX) and shows a great growth in registered employment in recent years, for example, employment in the Software and computer services chain grew 7.18 Annual average % between 2016/2021.
Source: Ambito
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