When the time comes to take the step to become an importer in Argentina, it is natural to find yourself immersed in a sea of questions.
These are the same questions that the business owners who decided to hire our service also raised before taking their big leap into the international market.
So we decided to choose the most frequent inquiries about registration, the requirements and procedures that must be carried out. These are the key data you need to clear up your doubts.
Your door to China
Once you decide to become an importer, a door will open to numerous possibilities to invest in China to achieve the great growth of your company. Start by learning how to do it in this article.
Frequently Asked Questions
1. When can I register in the importers and exporters registry?
The first registration can be carried out at any time of the year. It is a matter that responds more to your commercial need.
2. What are the requirements to be able to operate as an Importer-Exporter?
- To be able to operate as an importer, you must first register with the Federal Administration of Public Revenues (AFIP).
- Gather and present the documentation required by Customs.
- Demonstrate economic solvency.
3. What does demonstrating economic solvency entail?
A legal entity, whether a public limited company, a limited liability company or self-employed, must have an economic solvency determined by a gross sales amount of at least 300 thousand pesos "in the immediately preceding calendar year or through net worth of the same amount", indicates AFIP.
4. What happens if I cannot demonstrate this economic solvency requirement?
If you cannot demonstrate the required economic solvency, you must constitute a guarantee for a value of 30 thousand pesos. It has a minimal cost of approximately 3 thousand pesos annually.
5. How should this guarantee of economic solvency be constituted?
- Cash deposit
- Bank guarantee
- Pledge of Public Securities
- Surety Bond Insurance
6. What happens if I constituted a guarantee and, later, I demonstrated economic solvency?
AFIP will automatically release the amount of the operating guarantee and you can request its return.
7. Are there any who are exempt from demonstrating economic solvency?
Yes, AFIP says the following are exempt:
- Subjects registered in the Simplified Regime for Small Taxpayers (Monotributo).
- Subjects who have a certificate of exemption from income tax granted by the organization.
- The National State, the provinces and municipalities, as well as the dependencies of the national, provincial or municipal public administration, autonomous or decentralized entities, including State companies and State enterprises.
- Occasional importers and exporters, registered with that condition in the Registry and subject to the determination controls of the "occasional" condition established in the María Computer System.
8. What is the validity of registration in the importers and exporters registry?
One year. The guaranteed periods are valid from August 1 of each year and until July 31 of each year.
9. Is it necessary to renew the registration in the importers and exporters registry?
Yes. If you consider the continuity of your activity as an exporter and/or importer and you do not demonstrate economic solvency, you must renew the constitution of your guarantee for a new annual period.
10. What validity does the registration in the import registry have?
The validity lasts one year. In all cases, it expires every July 31. For renewal, you must submit the certificate of solvency, constitute a guarantee or a surety bond insurance policy.
Receive your personalised advice with MingTa Group. Becoming an importer in Argentina to invest in China is the best decision to expand your business, widen your profit margins and maximize your earnings.
