Argentina adopts revised Super RIGI law to boost large tech investments

Argentina's Congress approved a revised version of the Super RIGI (Regime of Large Investments) law aimed at attracting projects worth over $1 billion in technology and artificial‑intelligence sectors. The amendment, driven by the Movimiento de Integración y Desarrollo (MID), introduces a “Compre Nacional” clause requiring at least 20 % of project spending on local suppliers and a mechanism that counts research‑and‑development expenditures at double their value. Tax incentives include a reduced income‑tax floor of 15 % and a 30‑year guarantee of fiscal, customs and exchange stability.

The bill passed with a majority of 61 signatures and support from the official coalition and several inter‑blocks. Deputy Abelardo Ferrán criticised the measure, saying it privileges powerful economic groups and offers little to small and medium‑sized enterprises. The new regime also seeks to address the original RIGI's slow approval process by streamlining project authorisations.