The Province of La Pampa has attractive legal, tax, employment, and financial structures, and the Government offers a wide range of credit to all the productive private sectors and to those sectors that provide services to help production, with interest rates that have a subsidy of up to 30% and up to seven-year terms.
Among the benefits offered in the Province, there are tax incentives such as the reduction of up to 30% in the rates of the Gross Income Tax, and the reduction or exemption of the other local taxes, with the aim of decreasing tax burden (there is a zero rate for certain sectors).
In order to ensure that small, very small and medium enterprises will have access to credit, there is a Pampean Guaranty Fund (“FOGAPAM” in Spanish), which allows them not only to have a guarantor to get credit in the bank financial system but also to obtain, for the first time, funding in the capital market and to develop new financial tools to stimulate their investment.
There is also an employment subsidy, thanks to which the Government grants monthly subsidies to companies for each employee that they hire. This benefit will last for 15 months, and the amount given will be updated every three months according to the salary index provided by the National Institute of Statistics and Censuses of the Argentine Republic (INDEC in Spanish).
The Province of La Pampa also has a Tax-free Zone and more than 20 Industrial Parks. The Tax-free Zone in the city of General Pico has special regulations in terms of taxes, customs, exchange rates, foreign trade, and capital investment, and offers multiple benefits for those companies that are willing to settle here.
All the advantages that the Province of La Pampa offers, at different levels, make it attractive to all branches of industry, from the more traditional agribusiness to energy and textile industries, and from software and e-commerce to knowledge-based companies.