Argentina Expands Tech Companies’ Incentives Amid Recovery Push
- Congress passed bill expanding tax incentives for tech firms
- Argentina’s tech sector has grown despite long recession
This article is for subscribers only.
Argentina is expanding benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports, supporting a resilient industry that’s grown amid a severe, three-year recession.
Both chambers of congress recently approved a technology bill that provides tax incentives for the next decade to start-ups and industry giants that train and hire workers. It’s one of very few bills with long-term economic scope to make it through Argentina’s deeply divided congress this year.