Benefits Of Doing Business In Argentina
Argentina has a generally low economic environment but people from other countries still make investments in the county in spite of this making the number of greenfield investments to rise. Another plus it that Argentina ranks fifth in the foreign investment stock in South America.
A new law called the Ley de Emprendedores has been put into existence by the government of Argentina, tis law allows the entrepreneurs to make a formal recording of their business online. Previously the process of online registration of businesses took close to one month but due to these new law the process now takes less than twenty four hours.The registration process enables an entrepreneur to make a formal recording of a simplified business entity, a bank account and an identification number here. A temporary business address can also be registered by the entrepreneur.
Argentina has the greatest currently unrealized ability when it comes to recording of money balance electronically on a stored-value card or other device. The use of cryptocurrencies now by the people of Argentina began long ago because the people had no trust in the government and in the banks. In the recent days Argentina has been ahead in digital currencies in Latin America and many businesses have begun making use of the bitcoin and other cryptocurrencies in their stores.
Argentina has made a strong investment in renewable energy so that it is able to sustain itself.Having the national electric energy consumption consisting of up to twenty percent renewable energy is the main aim of the strong investment in renewable energy and they plan to achieve this by 2025. In order to achieve this goal Argentina started auctions for renewable energy which is aimed at attracting investors from other countries. It also offers rewards such as … Read More..Read More →