According to the Andersen LATAM Corporate Insights analysis, Argentina stands out as a country with immense energy potential. Below, we share four key facts that provide a complete picture of the country‘s energy sector.

1- The Vaca Muerta shale basin is one of the largest unconventional oil and gas reserves in the world: this gives the country advantages in the oil and gas markets, positioning it as a key player in the global energy industry.

2- Argentina could become the world’s second largest lithium reserve and fourth largest lithium producer: in the midst of the energy transition global, where demand for gas and lithium is expected to increase, the country is in a strategic position to increase its production and exports in these sectors.

3- It also has the potential to become a producer of green hydrogen and other sustainable alternatives: in addition to the energy potential, Argentina could become a leading producer of electric power based on the use of renewable energy sources, which would contribute to a more sustainable energy matrix.

4- The country’s positive trend is enhanced by tax incentives: if certain requirements are met, the results of M&A transactions are exempt from income tax in Argentina. In addition, they are not subject to Value Added Tax, Gross Income Tax or Stamp Tax, which creates a favorable environment for investment and economic growth.

If your company operates in the Oil & Gas sector, we can provide you with specialized advice.
Do not hesitate to contact us to understand how your company can take full advantage of these attractive tax incentives.

For any questions, please contact us:

Andres Carlos Saladino
Tax Partner
andres.saladino@ar.andersen.com