Novedades más destacadas:

• Régimen de facilidades de pago respecto de deudas impositivas en juicio
• Reducción en los nuevos valores del impuesto a los combustibles líquidos
• Prórroga al Régimen de Incentivos para los fabricantes de bienes de capital en Argentina
• Aumento del capital social mínimo de sociedades anónimas simplificadas (SAS)
• Prórroga para la presentación de ofertas en el Programa RENOVAR (Ronda 3)
• Lanzamiento de Licitaciones para el otorgamiento de permisos de exploración de hidrocarburos en Tierra del Fuego

LEGISLATION

Resolution Nº4434/2019 – Payment Facilities Plan for Tax Claims

Resolution Nº4434/2019 issued by Tax Authority (“AFIP”) implements a payment plan for debts arising from Tax Authority’s fiscal activities which are under dispute before Tax Court. The plan does not imply a reduction in the accrued interests nor extinguishes the sanctions to be applied and neither does apply for debts arising from lack of payment of certain taxes, such as the Liquid Fuel, Natural Gas and Carbon Dioxide Tax. The Plan will be available until June 30th, 2019.

Decree Nº167/2019 – Tax on Liquid Fuels

Decree Nº167/2019 issued by the Executive Branch sets forth a reduction in the new values of the tax on liquid fuels so as to moderate the impact of such new values on the general prices of goods and services. The new values shall become effective in its entirety as of April 1st.

Decree Nº196/2019 – Incentive Regime for Producers of Capital Goods

Decree Nº196/2019 issued by the Executive Branch extends up to December 31st, 2019 the incentive regime for producers in Argentina of capital goods included in Annex I of Decree Nº379/01 and creates a complementary benefit to the fiscal credit bond.

Resolution Nº1/2019 – Capital Increase of Simplified Companies

As of March 1st, 2019 the minimum required capital stock of simplified companies (“SAS”) is of ARS $25,000 according to Resolution Nº1/2019 issued by the National Council of Employment, Productivity and Minimum Wage.

Resolution Nº 400/2019 – Changes to Cooperatives’ Informative Regime

By means of Resolution Nº400/2019 issued by the National Institute of Cooperatives and Social Economy, cooperatives are now entitled to submit documents related to its meetings by means of a distance process WEB platform (“TAD”).

Decree Nº 172/2019 and Res. Nº30/2019– Legalization of Electronic Documents

Decree Nº172/2019 issued by the Executive Branch implements the use of the Electronic Documentation System for all legalizations of public documents, including the apostille, and implements the electronic apostille for public documents generated or reproduced in electronic support, digitalized and considered originals according to applicable law. In addition, Resolution Nº30/2019 issued by the Secretary of Administrative Modernization, sets forth that as of April 15h, 2019 the use of the distance process WEB platform (“TAD”) or of the system of electronic documents administration (“GDE”) shall be mandatory for the apostille and legalizations destined to grant international validity to documents.

Decree Nº 182/2019 – Electronic Signature

Decree Nº182/2019 issued by the Executive Branch (the, “Decree”) approves the regulation of digital and electronic signature and electronic documents. According to the Decree the digital signature satisfies the requirement of certified signature. The Decree also regulates the different components of the infrastructure of the digital signature and the audit system.

Resolution Nº 81/2019 – Public Tender “Río Diamante – Charlone”

Resolution Nº81/2019 issued by the Secretary of Energy launches the national and international public tender for the construction of the extra high electricity transmission line 500 kV E.T. “Río Diamante – Nueva E.T. Charlone, Transforming Lines and complementary works in 132 Kv” and the operation and maintenance services under the public private participation regime.

Resolutions Nº2/2019 and Nº7/2019 – Modification to Electric Power Regulations

Resolution Nº2/2019 issued by the Secretary of Renewable Resources and Electric Market (the, “Secretary”) modifies the regulations regarding to access to the existing capacity and expansion of the electric power transport system, to high tension transport of electric power and transport of electric power by main distribution and by providers non-transporters of the electric power transport technical function. Resolution Nº7/2019 issued by the Secretary replaces Annex III of the Regulation of Access to the Existing Capacity and Expansion of the Electric Power Transport System, among others.

Resolution Nº90/2019 – Extension of Renovar 3 Round

The date for the presentation of offers under the 3º round of the bidding process for the purchase of electric power obtained from renewable energies (“Renovar Round 3”) was rescheduled for May 30th, 2019 by means of Resolution Nº90/2019 issued by the Secretary of Energy, which also modifies certain aspects of the original bidding terms and conditions.

Resolution Nº179/2019 – Presentations before the Labor Authority

Resolution Nº179/2019 issued by the Ministry of Production and Labor implements the distance process WEB platform (“TAD”) in order to file administrative presentations before the Labor Authority.

Resolution Nº443/2019/2019 – Customs Control on PCBS

Resolution Nº443/2019 issued by Tax Authority and Ministry of Environment modifies the procedure of custom’s control on goods to be imported which should be free of polychlorinated biphenyls (PCBS).

LATEST NEWS IN THE HYDROCARBON SECTOR

Resolution Nº82/2019 – Interest Manifestation for Gas Pipeline Works

By means of Resolution Nº82/2019 the Secretary of Energy called all interested persons to submit a manifestation of interest for the construction of a new gas pipeline or for a significant expansion of the existing transport capacity, for the evacuation of the natural gas produced in the Neuquina Basin to the Buenos Aires and Litoral areas with potential to displace significant volumes of imported LNG.

Resolutions Nº11, 12, 13/2019 – Public Biddings in Tierra del Fuego

By means of Resolutions Nº11, 12 and 13/2019, the Secretary of Hydrocarbons of Tierra del Fuego Province launched the national and international bidding public process for the granting of exploration permits and eventual exploitation concessions for the “Mar Territorial Nº1”, “Mar Territorial Nº2” and “CA-12 Bloque II” areas and approved the corresponding bidding documents.

Resolution Nº108, 117 and 118/2019 Opinions on Gas Regulations Projects

By means of Resolutions Nº108/2019 and 118/2019 published on March 8th, 2019 the gas enforcement authority (ENARGAS) called all interested parties to express their opinions and proposals regarding the projects of new regulations for the natural gas dispatch and distribution service. The ENARGAS, also issued Resolution Nº117 under which all interested parties are invited to express their opinions regarding the project of new regulation of the registry of qualification licenses.

Resolution Nº64/2019 – Modification to the Retirement Regime of Personnel Performing
Support Activities in the Oil & Gas Industry

Resolution Nº64/2019 issued by the Ministry of Health and Social Development clarifies the requirements to be met by the support activities executed by personnel of the oil & gas industry which allows them access to the retire regimen benefits granted by Decree Nº2136/74.

Resolution Nº33/2019 – Hydrocarbon Royalties and Mining Investment
Regime Presentations

Resolution Nº33/2019 issued by the Secretary of Modernization of the Administration sets forth that as of April 1st, 2019 the procedures regarding hydrocarbon royalties and several presentations regarding the mining investment regime shall be substantiated through the distance process WEB platform (“TAD”).

Resolution Nº122/2019 – “Lago Campana” Pipeline New Tariffs

Resolution Nº122/2019 issued by the Secretary of Energy approves the new rates for the Lago Campana – Lago Pellegrini pipeline which shall remain effective for a five year term.

Resolution Nº156/2019 – New Technical Regulations for Gas Pipelines

Resolution Nº156/2019 issued by gas enforcement authority (“ENARGAS”) approves a new regulation regarding tests of resistance and airtightness of gas pipelines.

Gas Export Authorizations

• By means of Resolution Nº 68/2019, the Secretary of Energy granted YPF S.A a firm authorization to export gas to Chile from fields located in the Austral basin to Methanex Chile S.p.A. for a maximum volume of 356,000,000 m³/day up to January 1st 2020 or up to the date in which the export of the total authorized amount is completed, whatever occurs first. The authorization is subject to interruptions in order to assure local market’s supply.
• By means of Resolution Nº 79/2019, the Secretary of Energy granted Total Austral Suc. Argentina S.A. an authorization to export gas to Chile, interruptible, from a field located in the Neuquina basin to BG Chile S.A. for a maximum volume of 1,000,000 m³/day up to May 1st 2020 or up to the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, whatever occurs first.
• By means of Resolution Nº 97/2019, the Secretary of Energy granted Pluspetrol S.A. an authorization to export gas to Chile, interruptible, from a field located in the Neuquina basin to BG Chile S.A. for a maximum volume of 750,000 m³/day up to April 30st 2020 or up to the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, whatever occurs first.
• By means of Resolution Nº 128/2019, the Secretary of Energy granted YPF S.A an authorization to export gas to Chile, interruptible, from fields located in the Austral basin to GasValpo S.p.A. for a maximum volume of 500,000,000 m³/day up to May 1st 2019 or up to the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, whatever occurs first.
• By means of Resolution Nº 129/2019, the Secretary of Energy granted Total Austral Suc. Argentina S.A. an authorization to export gas to Chile, interruptible, from a field located in the Neuquina basin to BG Chile S.A. for a maximum volume of 1,500,000 m³/day up to May 1st 2020 or up to the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, whatever occurs first.

 

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