LATAM : Foreign Investors Survey 2017 ttitude Consulting
ARGENTINA
Greater Attractions
Very beneficial radical changes . The government encourages investment and pro-market rules . Freed exchange market , sovereign default fixed . Reduced inflation and fiscal deficit , utility rates corrected .
Political Risks ?
The government does not possess the majority of both legislative chambers , but so far it has been able to pass major laws that it has proposed to Congress .
Adequate Labor Laws ?
The regulated and highly unionized European model should be modernized . But they have negotiated reasonable working conditions for large industrial projects in recent years .
Adequate Transparency and Corruption Framework ?
Reasonable legal framework and they are working on its enforcement , at both judicial and administrative levels .
Suitable Fiscal Framework for Foreign Investment ?
Same rules for many years ( easier foreign investment ). Almost all export taxes have been repealed . But some distortionary taxes ( eg . gross income and provincial seals ), and others such as the tax on banking transactions should be modified . There are also some issues in relation to income tax , although they have not prevented investment .
Proper Framework for Promotion and Mutual Investment Protection ?
Suitable . 56 Bilateral Investment Treaties in force , and practically regularized the implementation of pending reports .
Advantages of Your country over Others in the Zone
“ Catch-up ” with an inferior stock investment in recent years compared to other countries in the region . The government plans to invest in infrastructure and energy ( tenders of non-conventional energy , power plants , special conditions for oil & gas ). Interesting agricultural sector ( removal of restrictions and export taxes ).
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Positive Medium Risk Negative