Argentina's Exporters Can Save on Costs with Temporary Importation Regime

How Argentina's Exporters Can Save on Costs

In Argentina, exporters face a crucial question: how much does it really cost to produce what we sell to the world? The answer is not just in labor costs, logistics, or local materials.

The key lies in how imported inputs are brought into the country and transformed into the final product. Here, the Temporary Importation Regime for industrial improvement comes into play.

This regime, regulated by Decreto 1330/04, allows companies to import materials without paying import taxes, but only if they are used for export. The logic is simple: import, transform, and export.

Behind the Scenes of Argentina's Temporary Importation Regime

Behind the Scenes of Argentina's Temporary Importation Regime

The regime is not just about importing materials without paying taxes. It's about using the imported inputs to improve the product and make it more competitive in the international market.

However, many Argentine companies are missing out on this opportunity and are not using the regime effectively. They are not taking the time to analyze their costs and find ways to reduce them.

What Argentina's Exporters Can Do to Reduce Costs

Exporters can start by asking themselves if they can use the Temporary Importation Regime for industrial improvement. They need to analyze their costs and find ways to reduce them.

They also need to understand the regulations and requirements of the regime, including the use of the CTIT certificate.

What Argentina's Exporters Can Do to Reduce Costs

What Argentina's Exporters Can Do to Reduce Costs

• Start by asking themselves if they can use the Temporary Importation Regime for industrial improvement.
• Analyze their costs and find ways to reduce them.
• Understand the regulations and requirements of the regime, including the use of the CTIT certificate.