The new law reduces uncertainty in a sector with major potential.
The Knowledge Economy Law became a reality in Argentina last October 8th.
In an article in Apertura Magazine, El Cronista gathered different experts from the IT sector to share their opinions about this sanction, including Adrian Anacleto, CEO and founder of Epidata.
”Many companies were having a very hard time because we haven’t seen the benefits of the old Software Law since January and we still don’t have a definition of how the retroactive benefits will be implemented: the world and the economy changed too much in the last nine months.
The law came, but it took a long time. It should have been enacted three years ago, and the uncertainty of its absence led to the loss of thousands of jobs and $1 billion in revenue, directly affecting the GDP.Adrián AnacletoCEO of Epidata
On the other hand, he stated that one of the best improvements introduced by this law is that it now includes micro-SMEs, which previously had to comply with many requirements in order to receive the benefits.