The Argentinian government has introduced a new electronic system called the "Single Electronic Window of Foreign Trade" to track international trade transactions between government bodies. The Argentina Federal Tax Authority now requires all import information collected through the Import Prior Sworn Statement to be filed through this new electronic system. Additionally, any overseas payments for goods, debts, profits/dividends, or courier business transactions must now be reported in advance through a new "Foreign Payment Affidavit" and individuals must have a security-level tax identification code to complete the required filings.

1. Argentina Introduces New Systems for Recording Overseas Payments: Update from Nair &
Co. International Expansion Services Team
(Sunnyvale, CA)- The Argentinian government has introduced a new electronic system i.e. the “Single Electronic
Window of Foreign Trade” which will enable data transfer and tracking of international trade transactions and
commercial information, between different government bodies in Argentina.
The Argentina Federal Tax Authority (AFIP) in a measure to collect such information uses the Import Prior Sworn
Statement (Declaración Jurada Anticipada de Importación or DJAI). All such information collected under the DJAI
will have to now be introduced through the Single Electronic Window of Foreign Trade.
The Specified Transactions include:
 Financial debt payments for the purchase and sale of goods in third countries (not entering Argentina
borders);
 Foreign payment in regards to debts;
 Profits and dividends paid outside the country; and
 Business transactions under the courier regime.
In addition, for any such payment made abroad will now have to be done through a new service called the
“Foreign Payment Affidavit" (Declaración Anticipada de Pagos al Exterior or “DAPE”).
Individuals should have a "Fiscal Code" with safety measures of level 3 or higher. Depending on the transaction
performed, the data must be filled with DAPE.
If you have any query with regard to recent developments on international data privacy compliance, email
info@nair-co.com.
For more information about doing business overseas or to know more about our International Expansion Services
please contact us.
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2. About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department
for your international operations. If you are expanding abroad for the first time or increasing your global footprint,
our turnkey solutions help you do so with minimal risk, stress and cost. We support 4000+ client operations in over
56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among
the top 100 outsourcing services providers in the world by the International Association of Outsourcing
Professionals (IAOP). Learn more at www.nair-co.com
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