As mentioned in previous issues, we shall discuss some of the incentives available in Argentina at the local level. Argentina is divided into 23 provinces and the City of Buenos Aires, which is an autonomous district separate from a province. The provinces divide their respective territories into municipalities; some are also divided into districts.
The federal form of government establishes the division of powers between the national government and the provincial government, guaranteeing the provinces’ autonomy. In this system, the national, or federal, sovereign government holds jurisdiction over the entire national territory and coexists with local governments, whose jurisdictions are limited to their own respective territories.
In this column, we will review investment incentives available in two provinces in the Patagonian Andes, Neuquén and its neighbouring Mendoza.
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Maria Lucia Belliz is the director of the Investors Assistance Office of the Argentina Ministry of Foreign Affairs and Worship
Ministry of
Foreign Affairs and Worship
–
Esmeralda 1212 – Piso 6
Ciudad Autónoma de Buenos Aires
(C1005AAG) República Argentina
Tel: 54 11 4819 7904
Fax: 54 11 4819 7904
E-mail: izl@mrecic.gov.ar
www.inversiones.gov.ar