Business Reforms in Argentina
= Doing Business reform making it easier to do business. = Change making it more difficult to do business.
Dealing with Construction Permits: Argentina made obtaining a building permit more expensive by adopting a new tax law for the city of Buenos Aires.
Dealing with Construction Permits: Argentina made dealing with construction permits more difficult by increasing municipal fees.
Paying Taxes: Argentina made paying taxes less costly by increasing the threshold for the 5% turnover tax. Argentina also made paying taxes easier by introducing improvements to the online portal for filing taxes.
Trading across Borders: Argentina made trading across borders easier by introducing a new licensing system for importing, which reduced the time required for documentary compliance.
Dealing with Construction Permits: Argentina made dealing with construction permits more costly by increasing several fees.
Starting a Business: Argentina made starting a business more difficult by increasing the incorporation costs.
Trading across Borders: Argentina reduced the number of documents necessary for importing by eliminating nonautomatic license requirements.
Trading across Borders: Argentina increased the time, cost and number of documents needed to import by expanding the list of products requiring nonautomatic licenses and introducing new preapproval procedures for all imports.
Registering Property: Argentina made transferring property more difficult by adding a requirement that the notary obtain the tax agency’s reference value for property before notarizing the sale deed.
Starting a Business: Argentina made starting a business easier by eliminating the requirement for registration with the private pension fund and expediting the publication process.
Registering Property: Argentina made transferring property more difficult by adding a new requirement to declare all transactions over 300,000 Argentine pesos.
Paying Taxes: Argentina made paying taxes easier for companies by encouraging payment of property and vehicle taxes once a year (rather than every other month).
Labor Market Regulation: Argentina reduced the severance pay applicable in cases of redundancy dismissals
Resolving Insolvency: Argentina made resolving insolvency more difficult through an amendment to its bankruptcy legislation aimed at providing greater protection to labor claims and freeing commercial courts from labor actions.