Another issue that frequently appears among local businessmen is that of “changing the rules of the game”: new taxes, increases in minimums or maximums, more information requested, caps, etc. etc. And to that we must add the instability of the dollar, which affects practically all areas, as well as the economy in general, which makes long-term planning difficult.
Sebastian M.an importer of devices for home security, indicated that “andKeeping up with my obligations gives me headaches every day…and that’s handled by the accountant. But she really asks me for things that are very difficult for me to present or search for, or else take a long time.” It further adds that “The tax burden is very heavy and difficult to sustain, to the point that it consumes a good part of my capital every month”.
Find legal and financial stability, reduce risks, take care of wealth and trade in hard currency
Susy Chemen, founder of Susy Chemen Consulting, is an Argentine accountant but 25 years ago she went to live in Miami; and after revalidating her title, she began to work as an accountant there. In her experience, Argentines call her to operate there because they are tired of having so many expenses, obligations and taxes and she explains: “here the rules are clear, they do not change from one day to the next. Registering a company takes 2 or 3 days and you can instantly be operating, open an account, sell or buy, etc. Trade is encouraged here, not punished”.
What are those looking for those who migrate their operations to “friendlier” countries at an accounting level, such as the United States? The fiscal pressure is reflected by the abundant number of taxes paid by companies in Argentina. This means that at the fiscal or monetary level, it is a system of disincentives that harms entrepreneurship and private initiative.
- Confidence
- Dollars
- Tax optimization
- Privacy
- Avoid exposing your personal assets
- Access to digital platforms
- invest in assets
- Access subsidies and loans in an accessible way.
Source: Ambito
