\n\nLEGISLATION<\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nResolution N\u00ba4434\/2019 \u2013 Payment Facilities Plan for Tax Claims<\/h3>\nResolution N\u00ba4434\/2019 issued by Tax Authority (\u201cAFIP\u201d) implements a payment plan for debts arising from Tax Authority\u2019s 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.<\/p>\n Decree N\u00ba167\/2019 \u2013 Tax on Liquid Fuels<\/h3>\nDecree N\u00ba167\/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.<\/p>\n Decree N\u00ba196\/2019 \u2013 Incentive Regime for Producers of Capital Goods<\/h3>\nDecree N\u00ba196\/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 N\u00ba379\/01 and creates a complementary benefit to the fiscal credit bond.<\/p>\n Resolution N\u00ba1\/2019 \u2013 Capital Increase of Simplified Companies<\/h3>\nAs of March 1st, 2019 the minimum required capital stock of simplified companies (\u201cSAS\u201d) is of ARS $25,000 according to Resolution N\u00ba1\/2019 issued by the National Council of Employment, Productivity and Minimum Wage.<\/p>\n Resolution N\u00ba 400\/2019 \u2013 Changes to Cooperatives\u2019 Informative Regime<\/h3>\nBy means of Resolution N\u00ba400\/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 (\u201cTAD\u201d).<\/p>\n Decree N\u00ba 172\/2019 and Res. N\u00ba30\/2019\u2013 Legalization of Electronic Documents<\/h3>\nDecree N\u00ba172\/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 N\u00ba30\/2019 issued by the Secretary of Administrative Modernization, sets forth that as of April 15h, 2019 the use of the distance process WEB platform (\u201cTAD\u201d) or of the system of electronic documents administration (\u201cGDE\u201d) shall be mandatory for the apostille and legalizations destined to grant international validity to documents.<\/p>\n Decree N\u00ba 182\/2019 \u2013 Electronic Signature<\/h3>\nDecree N\u00ba182\/2019 issued by the Executive Branch (the, \u201cDecree\u201d) 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.<\/p>\n Resolution N\u00ba 81\/2019 \u2013 Public Tender \u201cR\u00edo Diamante – Charlone\u201d<\/h3>\nResolution N\u00ba81\/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. \u201cR\u00edo Diamante \u2013 Nueva E.T. Charlone, Transforming Lines and complementary works in 132 Kv\u201d and the operation and maintenance services under the public private participation regime.<\/p>\n Resolutions N\u00ba2\/2019 and N\u00ba7\/2019 \u2013 Modification to Electric Power Regulations<\/h3>\nResolution N\u00ba2\/2019 issued by the Secretary of Renewable Resources and Electric Market (the, \u201cSecretary\u201d) 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 N\u00ba7\/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.<\/p>\n Resolution N\u00ba90\/2019 \u2013 Extension of Renovar 3 Round<\/h3>\nThe date for the presentation of offers under the 3\u00ba round of the bidding process for the purchase of electric power obtained from renewable energies (\u201cRenovar Round 3\u201d) was rescheduled for May 30th, 2019 by means of Resolution N\u00ba90\/2019 issued by the Secretary of Energy, which also modifies certain aspects of the original bidding terms and conditions.<\/p>\n Resolution N\u00ba179\/2019 \u2013 Presentations before the Labor Authority<\/h3>\nResolution N\u00ba179\/2019 issued by the Ministry of Production and Labor implements the distance process WEB platform (\u201cTAD\u201d) in order to file administrative presentations before the Labor Authority.<\/p>\n Resolution N\u00ba443\/2019\/2019 \u2013 Customs Control on PCBS<\/h3>\nResolution N\u00ba443\/2019 issued by Tax Authority and Ministry of Environment modifies the procedure of custom\u2019s control on goods to be imported which should be free of polychlorinated biphenyls (PCBS).<\/p>\n \n\n\n\nLATEST NEWS IN THE HYDROCARBON SECTOR<\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nResolution N\u00ba82\/2019 – Interest Manifestation for Gas Pipeline Works<\/h3>\nBy means of Resolution N\u00ba82\/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.<\/p>\n Resolutions N\u00ba11, 12, 13\/2019 – Public Biddings in Tierra del Fuego<\/h3>\nBy means of Resolutions N\u00ba11, 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 \u201cMar Territorial N\u00ba1\u201d, \u201cMar Territorial N\u00ba2\u201d and \u201cCA-12 Bloque II\u201d areas and approved the corresponding bidding documents.<\/p>\n Resolution N\u00ba108, 117 and 118\/2019 Opinions on Gas Regulations Projects<\/h3>\nBy means of Resolutions N\u00ba108\/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 N\u00ba117 under which all interested parties are invited to express their opinions regarding the project of new regulation of the registry of qualification licenses.<\/p>\n Resolution N\u00ba64\/2019 – Modification to the Retirement Regime of Personnel Performing
Support Activities in the Oil & Gas Industry<\/h3>\nResolution N\u00ba64\/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 N\u00ba2136\/74.<\/p>\n Resolution N\u00ba33\/2019 \u2013 Hydrocarbon Royalties and Mining Investment
Regime Presentations<\/h3>\nResolution N\u00ba33\/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 (\u201cTAD\u201d).<\/p>\n Resolution N\u00ba122\/2019 \u2013 \u201cLago Campana\u201d Pipeline New Tariffs<\/h3>\nResolution N\u00ba122\/2019 issued by the Secretary of Energy approves the new rates for the Lago Campana \u2013 Lago Pellegrini pipeline which shall remain effective for a five year term.<\/p>\n Resolution N\u00ba156\/2019 \u2013 New Technical Regulations for Gas Pipelines<\/h3>\nResolution N\u00ba156\/2019 issued by gas enforcement authority (\u201cENARGAS\u201d) approves a new regulation regarding tests of resistance and airtightness of gas pipelines.<\/p>\n Gas Export Authorizations<\/h3>\n | |