Argentina introduces RIMI tax incentive scheme through Decree No. 242/2026, offering SMEs accelerated depreciation and VAT refunds on productive investments ranging from USD 150,000 to USD 9 million, effective 13 April 2026, with a two-year enrollment window to boost manufacturing, exports, and job creation.
The Argentine government’s Executive Branch has issued regulations to implement the new tax incentives regime (RIMI) for productive investments by micro, small, and medium-sized enterprises with the publication of Decree No. 242/2026 under Law No. 27,802/2026 in the Official Gazette on 13 April 2026, which entered into force on that date.
Decree No. 242/2026 establishes the Medium-Sized Investment Incentive Regime (RIMI) to stimulate economic growth through national and foreign capital. This legislative framework targets small and medium-sized enterprises (SMEs), offering fiscal benefits for investments in productive assets such as capital goods, infrastructure, and high-efficiency energy systems.
The RIMI aims to boost national production, enhance business competitiveness, expand exports, and support job creation. It offers incentives for SME investments that meet minimum thresholds—USD 150,000 for micro, USD 600,000 for small, USD 3.5 million for medium (segment 1), and USD 9 million for medium (segment 2)—calculated net of VAT.
Companies have up to two years to complete qualifying investments under RIMI, after which they can access a two-year accelerated depreciation benefit for income tax on eligible assets, including capital goods and ICT equipment, improving cash flow and financial stability. The regime also allows accelerated amortisation for production-related works, reducing the standard amortisation period to 60%.
The new framework regulates the following aspects:
Beneficiaries
The program welcomes Micro, Small, and Medium Enterprises up to the “Mediana Empresa Tramo 2” classification. Companies must provide official SME certification to qualify, while non-profit organisations need registration under formats specified by the Argentina tax authority ARCA).
Eligible investment categories
Tax benefits apply to investments classified as productive assets. These include new capital goods and information technology equipment, though automobiles are excluded. The agricultural sector can claim benefits for irrigation systems, anti-hail protection, and genetically superior breeding livestock.
Infrastructure projects directly tied to business operations qualify for incentives, even if construction progress was below 30% when the law took effect. Additionally, companies investing in renewable energy generation, storage, and transport equipment can access benefits, as can those purchasing technology that cuts energy use in manufacturing facilities.
Meanwhile, productive investments in high energy-efficiency assets refer to those aimed at generating, storing, and transmitting electricity from renewable sources across the country, as well as those used to optimise, recover, or reduce energy consumption in production facilities.
In addition to accelerated depreciation, companies under the RIMI may also obtain early reimbursement of Value Added Tax (VAT) credits arising from eligible productive investments, three months after their completion.
Timeline and financial guidelines
The RIMI regime accepts investments beginning from the law’s implementation date and continues for two years following the publication of supplementary regulations outlined in Article 11.
All investment expenditures must be converted to U.S. Dollars to verify minimum investment thresholds. The conversion uses the Banco de la Nación Argentina’s purchasing rate from the business day immediately before the invoice date.
Tax incentives commence in the fiscal year when investments become operational and start generating taxable revenue. Companies can activate these benefits even if the start-up occurs after the two-year enrollment period, provided the actual investment was completed within the qualifying timeframe.
Earlier, Argentina’s government published Law No. 27,802/2026 in the Official Bulletin on 6 March 2026, which took effect the same day, introducing amendments to the income tax, VAT, excise duties, and other tax regimes.
