The National Executive Branch, through Message No. 181/2026, submitted to the Chamber of Deputies a bill creating the Investment Incentive Regime for Large-Scale Investments in New Industries, known as the “Super RIGI.”
What Is the Super RIGI?
The Super RIGI targets exclusively economic activities that are non-existent or at an experimental stage of development. Its goal is to attract investments capable of creating new value chains, incorporating new technologies, and positioning Argentina in industries with strong global growth potential.
Minimum Investment Threshold and Eligible Activities
A minimum investment threshold of USD 1 billion would be established, applicable solely to projects and economic activities that are genuinely new — such as artificial intelligence, biotechnology, semiconductor manufacturing, lithium batteries, data centers, and the hydrogen industry.
It is important to note that, as this is a bill, its provisions may be amended during the legislative process, and its implementation will depend on the regulations that the Executive Branch may ultimately issue.
What Benefits Does the Bill Provide?
The main incentives contemplated are as follows:
- Reduced corporate income tax rate: A reduced rate of 15% would apply, along with a reduction of the dividend withholding tax rate from 7% to 3.5% after four years.
- Accelerated depreciation and unlimited loss carryforward: Investments may be depreciated on an accelerated basis, and tax losses may be carried forward without time limitations.
- Elimination of export duties: Export duties would be eliminated for projects admitted under the regime.
- Progressive foreign exchange benefits: Companies would be entitled to freely dispose of a growing percentage of export proceeds: 20% after the first year, 40% after the second year, and 100% from the third year onward following the first export.
- Reduced employer social security contributions: A reduced employer contribution rate of 10% would apply to new employment relationships generated by admitted projects.
- Long-term fiscal and legal stability: The bill seeks to establish clear, predictable, stable, and competitive conditions for private investment, backed by legal certainty and regulatory stability for large-scale projects.
- International dispute resolution: Companies would have the right to submit disputes to international forums, such as ICSID (the International Centre for Settlement of Investment Disputes).
- Provincial adherence with a gross revenue tax cap: Provinces that choose to adopt the national framework would be subject to a 0.5% cap on gross revenue taxes and would be prohibited from levying municipal charges calculated on sales.
Why Does This Matter?
The Super RIGI represents a further step in Argentina’s investment promotion strategy, offering fiscal, customs, and foreign exchange incentives that go beyond those available under the existing RIGI framework. Its focus on emerging industries and large-scale projects reflects the government’s intention to attract investments capable of developing new productive and technological capacities in the country.
