The Central Bank took another step to continue raising the stocks to companies, facilitating the payment of intercompany debts and the repatriation of contributions
23/04/2025 – 09: 24hs
The government continues to raise the stocks for companies in stages, after eliminating it for individuals. Now the Central Bank of the Argentine Republic (BCRA) enabled the Payment of capital and interest of intercompany debts and repatriation of capital contributions without the need for prior compliance of the entity.
What does the new stocks say
The BCRA issued the “A” 8230 communication, aimed at financial entities and exchange houses, which ordered flexibility for access to the change market for certain cases, explains the study or ‘Farrell in a report published by Tributum.news, and precise:
This communication provides, in your First pointthe Repeal of the prior compliance requirement issued by the BCRA for access to the change market for the payment of capital and interest of financial indebtedness subscribed abroad with counterparts linked to the debtor who have an average life not less than 180 days and the funds have been entered and liquidated by the change market from 21/4/2025.
He second point of the “A” 8230 communication provides for the elimination of the prior compliance requirement issued by the BCRA for access to the change market for the repatriation of direct investments of non -residents in companies that are not controlling of local financial entities, to the extent that the Capital contribution has been entered and liquidated by the change market from 04/21/2025 and repatriation takes place at least 180 days after liquidation of the contribution funds.
What about Portfolio investments
He third paragraph of the communication “A” 8230 provides for the Elimination of the requirement of prior compliance issued by the BCRA for access to the change market for repatriation by non -residents of capital services, income and the produced of portfolio investment sales in instruments with contributions in local markets authorized by the CNV, provided that:
- The certification of a local financial entity is available that proves that the investment was constituted with funds entered and Liquidated in the local change market from 04/21/2025.
- The documentation is available that shows that the amount for which the market is accessed does not exceed the services collected and/or the amount effectively received for the sale of the investment made.
- The repatriation takes place at least 180 days after liquidation of the funds.
Finally, the Fourth paragraph of the communication “A” 8230 provides for the 180 -day reduction of the 365 -day period provided for access to the change market from the date of issuance of debt titles signed abroad and issued from 11/11/2024, for the realization of the payment of capital and interest.
In this way, the government maintains the progressive lifting of the stocks for companies, after having completely eliminated it for natural persons, by removing requirements from intercompany debt payments and capital repatriation.
