By means of Executive Order No. 787\/2022 (\u201cRegulation\u201d), the National Executive Power reestablished, on a transitory basis until December 30, 2022, the Program to Increase Exports (\u201cProgram\u201d), for those individuals who have exported any agricultural item in the last 18 (eighteen) months, and who are grain producers and\/or operators engaged in the commercialization of soybeans, oils and soybean by-products.<\/p>\n\n
Pursuant to the regulations set forth by the Central Bank of the Argentine Republic (\u201cBanco Central de la Rep\u00fablica Argentina\u201d \u2013 (\u201cBCRA\u201d), a preferential exchange rate of ARS230 (two hundred and thirty Argentine pesos) per U.S. dollar has been established for the sale of such goods, for those individuals who export these goods directly or as a result of a productive process performed within the country.<\/p>\n\n
Individuals must comply with this Program by means of the \u201cRegistration System\u201d service, available on the website of the Federal Administration of Public Revenues (Administraci\u00f3n Federal de Ingresos P\u00fablicos \u2013 (\u201cAFIP\u201d), by selecting the option \u201cCharacteristics and Special Registers\u201d, then the option \u201cEXPORT INCREMENT PROGRAM\u201d, or through any other mechanism established by such tax agency.<\/p>\n\n
Furthermore, the BCRA indicates that the \u201cSpecial accounts for holders with agricultural activity\u201d should be used by customers residing in Argentina engaged in such activities and who sell goods within the framework of this Executive Decree, in order to deposit the net amount in Argentine pesos collected for the sale of such goods.<\/p>\n\n
This report cannot be considered as legal advice, or any other type of advice, by Allende & Brea.<\/p>\n","protected":false},"excerpt":{"rendered":"
By means of Executive Order No. 787\/2022 (\u201cRegulation\u201d), the National Executive Power reestablished, on a transitory basis until December 30, 2022, the Program to Increase Exports (\u201cProgram\u201d), for those individuals who have exported any agricultural item in the last 18 (eighteen) months, and who are grain producers and\/or operators engaged in the commercialization of soybeans, […]<\/p>\n","protected":false},"author":1,"featured_media":8906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[47],"tags":[],"class_list":["post-8908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customs-international-trade-and-dumping"],"acf":[],"yoast_head":"\n