Doing Business In Argentina

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and the World Trade Organization (WTO). The Argentine Congress ratified the Uruguay Round agreements, including the provisions on intellectual property, in Law 24425 on January 5, 1995. While effective measures to reduce imports of counterfeit goods have been introduced, and seizures of pirated optical media have increased, overall IPR enforcement remains uneven. Argentina has been on the Office of the U.S. Trade Representative's intellectual property rights "Priority Watch List" since 1996. Patent law is the weakest element in Argentina's intellectual property rights regime, and extension of adequate patent protection, particularly for pharmaceuticals, has been a contentious bilateral issue. It is strongly recommended that a local attorney review any agreements before they are signed. (To have legal standing in Argentina, documents must be either written in Spanish or translated by a Sworn Public Translator. Be sure the Spanish and English versions of any document are carefully reviewed for concordance, so that both parties fully understand the content) See Chapter 6: Investment Climate – for a complete report on the Protection of Property Rights in Argentina, and http://www.wipo.int/directory/en/urls.jsp for more information. Due Diligence Return to top Companies interested in the Argentine market should always conduct their own due diligence before entering into business ventures or other commercial arrangements. The U.S. Commercial Service in Buenos Aires has discontinued the International Company Profile (ICP) service based on availability of adequate commercial information and financial reporting at a reasonable cost from the private sector. However, there is a list of firms in the U.S. and in Argentina that provide due diligence reports on foreign companies (Please refer to Chapter 9: Contacts, Market Research and Trade Events). The U.S Commercial Service in Buenos Aires does not endorse or recommend these firms, but will provide the list only to assist U.S. companies identify commercial reporting firms on Argentine companies. Local Professional Services Return to top Market Research While demand for consulting services has grown at an accelerated pace over the last decade, to remain competitive, accounting firms have shifted resources into consulting services to help global clients understand and improve their business performance. In this sense, most consulting firms in the country have created, and in some cases expanded, their market research departments. U.S. consulting firms with local subsidiaries, as well as major local players, provide a wide scope of business solutions that include IT consulting, tax work, and M&A duediligence, and usually offer competitive intelligence (market research) as part of their seamless business solutions. (A brief list of consulting and market research firms is 3/4/2008
available in Chapter 9: Contacts, Market Research and Trade Events.) The U.S. Commercial Service in Buenos Aires prepares Industry Sector Analysis (ISA) and other market research reports on an ongoing basis. Industry Highlights reports on best prospect sectors are available on the website at U.S. Commercial Service in Buenos Aires (See also Chapter 9: Contacts, Market Research and Trade Events for a list of available reports). The U.S. Commercial Service in Buenos Aires offers Customized Market Research (CMR) for companies that wish to have specific questions answered such as: the overall marketability of a product or service; market trends and size, customary distribution and promotion practices; market entry requirements; regulations; product standards and registration; key competitors, and potential agents, distributors, or strategic partners. Price is dependent on level of detail, availability of information, and time required to conduct the research. The average cost ranges from $250-US$1,500, and will be quoted to the company prior to providing the service. We will normally provide the information requested in two to ten business days. Web Resources Return to top For additional information and useful links please visit the following websites: Directorate General of Copyright, Argentina: www.jus.gov.ar/registros/autor.shtml National Institute of Industrial Property, Argentina: www.inpi.gov.ar U.S. Commercial Service – Argentina: www.BuyUSA.gov/argentina/en The American Chamber of Commerce in Argentina: www.amchamar.com.ar Importers and Exporters Association (Asociación de Importadores y Exportadores) (Spanish): www.aiera.org Cámara de Importadores de la República Argentina (Spanish): www.cira.org.ar Cámara Argentina de Comercio (Spanish): www.cac.com.ar U.S. Chamber of Commerce: www.uschamber.com/default.htm U.S. Chamber of Commerce in Argentina: www.amchamar.com.ar Return to table of contents 3/4/2008
Page 1 and 2: Doing Business in Argentina: 2008 C
Page 3 and 4: 3/4/2008 Argentina’s banking syst
Page 5 and 6: 3/4/2008 The zero percent import du
Page 7 and 8: Return to table of contents Chapter
Page 9 and 10: Policy Short-term Short/Medium Term
Page 11 and 12: meetings. The service includes at l
Page 13 and 14: approximately 87 percent of the tot
Page 15 and 16: more limited and delivery is a grow
Page 17 and 18: Goods: Preference will be given to
Page 19 and 20: material, input, or material needed
Page 21 and 22: terminals at international airports
Page 23 and 24: As in many countries, personal rela
Page 25 and 26: "Clarin", "La Nacion", and "Ambito
Page 27 and 28: Av. de Mayo 605, Piso 3 C1084AAB Bu
Page 29 and 30: Business Facilitation Service: CS A
Page 31: organizations, both Argentine or U.
Page 35 and 36: Agricultural Machinery, Equipment a
Page 37 and 38: Electric Power Systems Overview Ret
Page 39 and 40: Food Processing and Packaging Equip
Page 41 and 42: Information Technology Overview Ret
Page 43 and 44: Other market conditions will foster
Page 45 and 46: market. The market has been growing
Page 47 and 48: Mining Sector Specialist at the U.S
Page 49 and 50: significantly smaller than in the U
Page 51 and 52: A gradual recovery has taken place
Page 53 and 54: Best sales prospects for U.S. elect
Page 55 and 56: Travel and Tourism Services Overvie
Page 57 and 58: Telecommunications Equipment and Se
Page 59 and 60: Agricultural Sectors Return to top
Page 61 and 62: Food Ingredients Overview Return to
Page 63 and 64: Pioneer Argentina: www.pioneer.com/
Page 65 and 66: Average Tariff Rates by Type of Pro
Page 67 and 68: In 2006, there was a significant in
Page 69 and 70: 3/4/2008 Certain imported goods for
Page 71 and 72: Please note that VAT and Profits Ta
Page 73 and 74: 3/4/2008 Goods covered by Decree 73
Page 75 and 76: A fax of the commercial invoice may
Page 77 and 78: you through this process. You may a
Page 79 and 80: violate export control laws is foun
Page 81 and 82: Initial period: 1 year Extension: 1
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Article 6: - Importers, manufacture
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emanufactured) and certified by a "
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3/4/2008 Normalizacion) --composed
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3/4/2008 continuing shortage of ind
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3/4/2008 Record No. S01:0116093/200
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3/4/2008 Internet: www.anmat.gov.ar
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subject to the orders, guidelines o
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In January 2002, the government end
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The GOA has established a number of
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legality of this pesification decre
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deterrent penalties such as prison
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Law 17811 of 1968 regulates public
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A recent ACO investigation of GOA p
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Foreign-Trade Zones/Free Ports Retu
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Argentine Parliament (www.diputados
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Registry of Foreign Investments. Fo
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Local bankers report that the major
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The International Bank for Reconstr
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total project costs for new venture
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Return to table of contents Chapter
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C1104AC) Buenos Aires, Argentina Ph
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Buenos Aires has a large number of
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Travelers should note that since Ar
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Internet: www.buyusa.gov/argentina/
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U.S. Department of Commerce Trade I
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(Argentine Chamber of Importers) Mr
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(Ministry of Federal Planning, Publ
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C1020AC Buenos Aires Switchboard: (
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25 de Mayo 487, primer piso C1002AB
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C1036AAJ Buenos Aires Phone: (54-11
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Fax: (54-11) 4312-7184 E-mail: mdem
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E-mail: fargosi@fibertel.com.ar BAS
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Bolivar 332, Piso 6 C1088AAH Buenos
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Mr. Klaus Bertram, President 25 de
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EXOLGAN TERMINAL PORTUARIA S.A. Mr.
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C1006ACI Buenos Aires Phone: (54-11
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Fax: (54-11) 4131-3900 E-mail: info
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www.starwoodhotels.com/sheraton/pro
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Doing Business In Argentina

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