The bill approved by Parliament in August to mitigate the exchange gap in border areas with Argentina and Brazil will enter into force at the end of this month, once its regulation is completed.
The initiative seeks to sustain formal consumption and employment in shops affected by exchange volatility, which according to recent reports, Argentina is with lower prices that arrive 26.4% (which this week rose due to the increase in the dollar after the Buenos Aires elections) and 67.36% with Brazil.
The main measures include:
– Special Border Trade Regime: Allows micro, small and medium enterprises to import certain products without taxes and with simplified customs process.
– Geographic limit: Applicable up to 60 km of border crossings and only for face -to -face sales to final consumers.
– Exoneration of employer contributions: up to 75% in new jobs linked to border activities.
– VAT reduction: Partial or total for retail sales within 20 km of the border, with established payment conditions and stops.
– Other provisions: Exclusion of IMESI, sanctions for improper use and application only in contexts of significant price differences.
