Argentina: VAT recovery, other benefits available | KPMG | GLOBAL

Argentina: VAT recovery, other benefits available under simplified export system

Argentina: VAT recovery, other benefits available

Benefits provided for “small exporters” under a simplified export system include value added tax (VAT) recovery related to exports.

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Guidance (Resolución General (AFIP) 4133-E) concerning the simplified export regime—Exporta Simple—sets out certain criteria that must be satisfied, such as:

  • The goods to be exported must be produced in the country.
  • Each individual transaction cannot exceed the FOB value of U.S. $15,000.
  • The goods to be exported cannot be subject to specific customs controls or other determinations (for instance, minerals).
  • There are restrictions on temporary imports.
  • There are dimension and weight limits on the export shipments.

The annual invoicing amount of exports under this regime cannot exceed the FOB value equivalent to U.S. $600,000. Exporters that want to apply for the simplified export regime must register for the Exporta Simple program through the AFIP (tax administration).

 

Read an October 2017 report (Spanish) [PDF 207 KB] prepared by the KPMG member firm in Argentina

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