Nodevades Foreign trade, Energy, Tax/SMI and Labor

Dear Partners,

We are contacting you to convey some news regarding:

1. FOREIGN TRADE:
   • Reduction of Withholdings for exporting MSMEs
   • CEMBRAR Call Reminder: Update on representation of partners in the Brazil-Argentina Business Council
2. ENERGY:
   • Extension of the Promotion Regime for the Sustainable Production and Use of Biofuels
   • News regarding gas supply for users categorized as SGP3
3. TAX/PYMI: Information for the collection of Electronic Credit Invoices
4. LABOR: Employment Promotion Regulations in Norte Grande

1. FOREIGN TRADE
Reduction of Withholdings for exporting MSMEs

throughcute;s of the Decree 302/2021 reductions and deductions were established in the export rights to MSMEs that have not exceeded USD 3 million in exports in 2020 (including those that have not exported) and whose exports are included in the attached list.

The benefit consists of:

• The total tax relief (0% duties) for exports up to USD 500 thousand annually for all beneficiary companies,
• 50% reduction of export duties for external sales between USD 500 thousand and USD 1 million,
• Amounts of USD 1 million or more will pay the current rates.

To access the benefit, MSMEs must have a current SME certificate. It is important to note that this scheme applieswill be for operations carried out from the date of publication of this standard in the Official Gazette (05/08/2021) regardless of what has been exported so far, and will act with that scale cumulatively for exports for the rest of the year 2021. , as long as the company in question has not exceeded USD 3 million in total sales during 2020. That is, those companies that exceeded USD 3 million in exports in 2020 will not receive any benefits.

It should be noted that a large part of agroindustrial products are not included in the regulations, nor are fuels and certain inputs included. It does include some fishing products, sugar, peanut oil, wines, candy and foods produced by regional economies.

For more information, contact the Head of the PYMI and Development Department.gional, Francisco Abramovich (fabramovich@uia.org.ar) and/or the Head of the Department of Trade and International Negotiations, Eva Bamio (evab@uia.org.ar/comercio@uia.org.ar).

CEMBRAR call reminder: Update on representation of partners in the Brazil-Argentina Business Council

From the Argentine Industrial Union (UIA) and the National Confederation of Industry of Brazil (CNI), the next plenary meeting of CEMBRAR is being organized, scheduled for June 10, so we call on UIA members to update the roster of representatives of companies and chambers who wish to participate in upcoming activities through this form. We would be grateful to the member chambers for disseminating this call among their members.

The plenary meeting will have two panels that will address agenda topics related to the Common External Tariff, Mercosur external negotiations, regulatory convergence and the possibilities of advancing in the facilitation of trade in goods between both countries. In this way, it will be possible to have an overview of the bilateral commercial relationship and the actions that can be carried out jointly in order to advance the productive agenda of interest to UIA and CNI.

For any questions or queries, contact the Department of Commerce and International Relations at comercio@uia.org.ar.

2. ENERGY
Extension of the Promoc Regimeion for the Sustainable Production and Use of Biofuels

Through Decree 322/2021 the validity of the Promotion Regime is extended for the Sustainable Production and Use of Biofuels (Law No. 26,093) until July 12, 2021 or until a new Biofuels regulatory framework comes into effect. It is worth noting that there are two bills being discussed in Congress to establish new regulations on the matter.

For more information, contact the Department of Energy (albertoc@uia.org.ar) and the Department of Legislation and Relations Parliamentarians (falcalde@uia.org.ar / legislacion @uia.org.ar).

News regarding gas supply for users categorized as SGP3

Reference: Info to partners; No. 19 (04/30/21) and No. 17 (04/28/21)

As a result of the actions carried out by the UIA before the Ministry of Energy and ENARGAS, ENARGAS has issued the Resolution 130/2021 through which the SE Resolution is regulated 375/2021 – regarding contracts for the supply of gas 2021/2023 so that:

Users of the General Service P category who purchase natural gas directly fromoducers and/or marketers, may opt until the expiration of the health emergency, to contract their natural gas supply through a producer or marketer, as well as the Zonal Distributor under the full service modality.

If you opt for the Zonal Distributor, the decision must be communicated to the latter at least 5 business days in advance and the same type of supply must be maintained for a minimum period of 12 months.

For any questions or queries, contact the Head of the Department of Energy, Alberto Calsiano albertoc@uia.org.ar.

3. TAX/PYMI: Information for the collection of Electronic Credit Invoices

We transmit relevant informationto avoid problems in the collection of electronic credit invoices that were channeled through the Open Circulation System of the Central Bank of the Argentine Republic.

From SEPYME it was reported that, for the correct collection of invoices, the issuers of Electronic Credit Invoices who selected the option for the Open Circulation System are required to report the data of the COLLECTION ACCOUNT in the HOMEBANKING, regardless of having charged the CBU at the time of issuance of the invoice.

This action can be carried out until 5:00 p.m. on the day the invoice is due. If the aforementioned is not complied with, payment of the invoice will not be completed on the day it is due, leaving it in a “rejected” status.

SEPYME informed the UIA, in response to the consultations carried out, thatRejections resulting from this situation will not be reported to the Unpaid Invoices Central. Since this information had not been timely informed at the time of modifications to the circuit, we ask partners to disseminate this information to their respective associated companies to avoid further inconveniences.

For inquiries, contact the Tax Policy Department (lucioc@uia.org.ar / tributaria@uia.org.ar) and the PyMI and Regional Development Department (fabramovich@uia.org.ar/pymi@uia.org.ar ).

4. LABOR: Regulations Promotion of Employment in Norte Grande

The AFIP rregulated, through the RG 4984/2021, the benefit of reduction of contributions employers of the Employment Generation Promotion Regime in the Norte Grande.

Said regime, created through Decree 191/2021, establishes a set of reductions on employer contributions for new hires made between April 2021 and March 2022. The rule provides for a 3-year scheme, with decreasing reductions ranging from 80% to 30%, in the case of women, transvestites, transsexuals or transgender, and from 70% to 20% in the case of men. Benefits will be halved for workers hired part-time under the terms ofl article 92 TER of the Employment Contract Regime.

The decree establishes a reduction in employer contributions for those employers who: 1) belong to the industrial/agroindustrial sector, 2) are located in the Norte Grande, 3) generate new jobs that imply a net increase in the personnel payroll.

The AFIP resolution regulates the implementation of this benefit, clarifying that it will be valid for salaries accrued in April and following, for which a new version of the SICOSS application will be made available, in addition to adapting the “Online Declaration” service. br />
In addition, it establishes that employers who begin activity after the March 2021 fiscal period will receive the benefit for all employees.

These benefits do not impican obtain those corresponding to Decree 814/01, which will be applied for the new amount of employer contributions determined by this measure. As has been highlighted, although the new regime does not compensate for the incentives lost due to the modification of Decree 814/01 that reduced part of the benefits to the sector, it partially reactivates the recognition of the need to reduce regional asymmetries in this matter.

For more information, contact the Tax Policy Department (lucioc@uia.org.ar/tributaria@uia.org.ar) and the PyMI and Regional Development Department (fabramovich@uia.org.ar/pymi@uia.org.ar ).