Decree 269/2025 – Communication “A” 8227
Decree 269/2025 issued by the Executive Branch of the Argentine Republic, published in the Official Gazette on April 14, 2025 and in force as from thereon (the “Decree 269”), abrogated Decree 28/2023 which set forth that 80% of (i) proceeds of exports of services comprehended in Section 10, subsection c) of the Customs Code and (ii) proceeds of exports of goods (including advance export collections, cross-border export prefinancing and postfinancing) should be entered into Argentina and settled into the Foreign Exchange Market and that the remaining 20% of such proceeds should be entered into Argentina by means of a reverse Blue Chip Swap Transaction.
Also, On April 14, 2025, the Central Bank of the Argentine Republic (“BCRA” for its acronym in Spanish) issued the Communication “A” 8227 (the “Com. 8227”) which left without effect the second paragraph of Section 2.2.1, the second paragraph of Section 7.1.1, the second paragraph of Section 7.1.3. and Section 15.3 of the comprehensive text of foreign exchange regulations (the “FX Regulations”) which regulated Decree 28/2023.
You can access Decree 269 at the following link: https://www.boletinoficial.gob.ar/detalleAviso/primera/323926/20250414.
You can access Communication “A” 8227 at the following link:
https://www.bcra.gob.ar/Pdfs/comytexord/A8227.pdf
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