On December 2nd, 2024, the Argentina Customs Authority (ARCA) published regulatory changes to facilitate the clearance of Informal (Low-Value) shipments with an effective date of December 3rd & 4th, 2024. The regulatory change consist of:
- Increase the informal import value threshold from US$1,000 to US$3,000 based on the value of the goods (also referred to as FOB).
- The increase applies to both the Courier “Simplified Regime”, for shipments that may have a commercial purpose, and the “Small Shipment” regime for shipments with no commercial purpose. Note: Informal (Low-Value) shipments have a 50 kg limit per piece, regardless of the total weight of the shipment.
- Under the “Small Shipment” regime, shipments are: Limited to 3 items of the same commodity within the same shipment and up to 5 shipments per person per calendar year. Exempted from complying with regulations from other Government Agencies (e.g. licenses, permits)
- Abolish the Micro, Small and Medium Sized-Business (MSMEs) Regime. Considering the value threshold increase for the “Simplified Regime”, there was no longer a need for a special regime that facilitated MSMEs imports with value up to US$3000.
- Establish a De Minimis value threshold within the “Small Shipment” regime for shipments of up to US$400 based on the value of the goods (FOB). Imports processed through this regime will be exempted from import customs duties and the customs statistical fee but will continue to pay a VAT tax of 0%, 10.5%, or 21% based on the tariff classification (HS code) and other applicable taxes.