Argentina moves to pass Super RIGI investment incentive law

The Milei administration is seeking congressional approval for the "Super RIGI" bill, an expanded investment incentive regime aimed at attracting large‑scale projects in artificial intelligence and digital infrastructure such as data centers. Negotiations with provincial governors are underway to secure the votes needed before the end‑of‑month deadline, with a target to announce the measure around June 24, during the World Cup.

The proposal mirrors the earlier RIGI scheme but broadens benefits to new tech industries, offering a reduced 15 % corporate income‑tax rate, full exemption from import and export duties on capital goods, flexible exchange‑rate rules and a 30‑year guarantee against labor strikes. Unlike the original law, the Super RIGI does not require a minimum share of local suppliers, allowing firms to import entire value chains. Dispute centres on provincial demands for amendments that would protect regional fiscal interests and ensure local job creation.

The government also intends to include an arbitration clause that would allow disputes over contract compliance to be settled in foreign courts, further reinforcing investor confidence. If passed, the legislation could shape Argentina’s attraction of foreign capital in the high‑tech sector while prompting debate over its fiscal and labor implications.