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Richards Cardinal Tützer Zabala Zaefferer

The BCRA prohibits beneficiaries of subsidies to gas, electricity and water tariffs - as long as they enjoy these benefits -, access to the exchange market to buy "Dollar Savings" and to carry out certain operations with securities (such as MEP Dollar and cash with settlement). MORE

From August 1, 2022, the waiting period for the payment of imports of certain supplies (paper, plastic, rubber, etc) for the local production of goods is reduced from 180 to 90 calendar days from the date of registration of customs entry of the goods, if they have an SIMI B or C. MORE

As of 7/27/22, producers or operators of grains for marketing who sell soybeans to a buyer who will export them directly or as a result of a production process carried out in Argentina, and who do not export those goods on their own account, may use the pesos charged for those sales until 8/31/22 as follows. MORE

We want to thank the probono team of Richards, Cardinal, Tützer, Zabala & Zaefferer SC, Accenture Argentina for the joint work and the legal advice provided. MORE

BCRA Communication “A” 7552 established that in order to access the foreign exchange market to make payments abroad, it must be declared that there are no CEDEARs and/or available liquid foreign assets that together exceed USD 100,000; otherwise, prior authorization from the BCRA will be required. MORE

Communication "A" 7551 of the BCRA provides that entities authorized to operate in exchange may receive foreign currency bills from non-resident tourists to carry out, on their own behalf and order, "MEP Dollar" operations, declaring that in the last 30 days they did not carry out operations in excess of USD 5,000 in all the entities. MORE