On August 23, 2024, Decree 749/2024 (the “Decree”) was published in the Official Gazette. The Decree regulates Title VII of the “Law of Bases and Starting Points for the Liberty of Argentines” No. 27,742 (the “Ley Bases”), through which the Large Investments Incentives Regime (“RIGI”, for its acronym in Spanish) was created.

The Decree contains provisions related to its application, defines the authority responsible for applying the regime and delegates to other agencies the responsibility to implement complementary measures, among other stipulations.

In this Legal Update, we analyze the most relevant aspects of the Decree, which marks the beginning of the path for the RIGI’s implementation.

Read the full Legal Update here