Argentina’s Revenue and Customs Control Agency (ARCA) has clarified eligibility and investment rules under the Medium-Scale Investment Incentive Regime (RIMI), including requirements for assets, real estate, invoices and multiple projects.
Argentina’s Revenue and Customs Control Agency (ARCA) has published new FAQs clarifying how taxpayers can qualify for benefits under the Medium-Scale Investment Incentive Regime (RIMI).
The guidance, published on 17 September 2026, confirmed that taxpayers must hold MiPyME status at the beginning of the fiscal year in which their first productive investment is made. A subsequent change in status or category does not remove eligibility.
ARCA also confirmed that taxpayers may submit multiple investment projects and combine different investments to meet the minimum required amount. The benefits are not limited to legal entities, as any taxpayer covered under Article 53 of the Income Tax Law (consolidated text 2019) may access the regime.
Real estate purchases, including land and warehouses, are not eligible investments. However, improvements and works carried out on such properties can qualify where they are linked to productive activities.
The FAQs further stated that investments must be supported by invoices dated between 6 March 2026 and 19 May 2028. Invoices issued before 6 March 2026 cannot qualify, even if installation or related works took place afterwards. Where works began before 6 March 2026, progress must have remained below 30% of the total investment at that date.
Used movable assets are also excluded from the regime. By contrast, infrastructure works, expansions and new industrial plants can qualify when they are directly connected with productive activities in Argentina.
ARCA also clarified that acquiring depreciable movable assets for leasing to third parties does not constitute a “productive investment”, as eligible assets must be used directly by the beneficiary in its own productive activities.
Finally, taxpayers may request VAT refunds and accelerated depreciation under the Income Tax concurrently rather than having to choose between the two benefits.
