The Argentine government has extended the deadline for companies to join its Large Investment Incentive Scheme (RIGI) by one year, according to a decree published Thursday in the Official Gazette. The extension, formalized through Decree 105/2026, also expands benefits to include recent activities within the oil and gas sector.
Economy Minister Luis Caputo announced the extension earlier this week, stating via his official X account that the RIGI was being “prorogued for one year and improved to make it clearer and more efficient.” He specifically highlighted the inclusion of “new developments in oil and gas with a minimum investment of USD 600 million” and a streamlining of regulations to facilitate implementation and increase predictability.
The RIGI, established in 2024 through Law 27.742 and further detailed in Resolution 1074/2024, aims to attract both domestic and foreign private investment in projects contributing to Argentina’s economic development. Qualifying projects, deemed to be of “national interest” under the National Constitution, receive legal certainty and special protection for a period of 30 years, shielding them from legislative repeal or more restrictive regulations.
As of February 2026, ten projects totaling US$25.479 billion have already been approved under the RIGI, with numerous others currently under evaluation, Caputo noted. He emphasized the scheme’s success, stating, “When We find clear rules, investments arrive.”
The scheme offers tax, customs, legal, and foreign exchange benefits to investments exceeding US$200 million. Eligible sectors include energy, mining, infrastructure, technology, forestry, tourism, steel, and oil and gas, according to Grant Thornton Argentina.
Estanislao de León, Audit Partner at Grant Thornton Argentina, indicated last year that the initial deadline to join the RIGI was approaching, with a two-year window from its enactment in October 2024. Although a one-year extension is possible, the government’s final decision remained uncertain at that time.
The extended deadline for adherence to the RIGI is now July 8, 2027, providing companies additional time to qualify for the scheme’s incentives.
