The norm, in detail

RIGI adhesion: first province, clean and unconditional

Ley 5724 (2024)

in forcePROVINCIAL RIGI and investment

Ley 5724 signs Río Negro on to the RIGI on Jul 12, 2024, the same day it was regulated at the national level. Two articles, with no benefits of its own.

What changed and who it applies to

What changed

Rio Negro adhered to the Large Investment Incentive Regime (Title VII, arts. 164-228 of Ley 27.742) the very day the regime was being regulated at the national level: passed and enacted on 07-12-2024. The text has 2 articles: it is a clean, unconditional adhesion, with no additional provincial exemptions or benefits. The province's rent-capture strategy runs through other channels: conditions (60% local content, 80/20 local hiring) and project-by-project economic agreements (VMOS: USD 1,000 M over 13 years). verif Jul 12, 2024 ↗

In force

July 26, 2024 (8 days after Official Gazette 6303). verif Jul 26, 2024 ↗

Are you in or out?

Large investors (projects > USD 200 M) that base projects in Rio Negro: they access the tax, customs and foreign-exchange benefits of the national RIGI at the provincial level too. Concrete result: 3 of the country's first RIGI projects have their terminal or route in the province (VMOS, Southern LNG, San Matias Pipeline). verif 2024-2026 ↗

The norm

Ley 5724, enacted and promulgated on Jul 12, 2024 (Decreto 10/2024), BO 6303 of Jul 18, 2024, in force since Jul 26, 2024. verif Jul 18, 2024 ↗

Our reading

Being the first province to adhere was not a gesture: it was an early bet on capturing Vaca Muerta's way out, and it paid off - the entire export corridor (crude and LNG) chose the Rio Negro coast. The clean adhesion (no conditions in the law itself) sent the predictability signal; the conditions came later through separate laws (5804/5805), once the projects were already anchored. thesis

What do you have to decide with this?

Tell us what your company does and we tell you whether this rule obliges you, enables you or does not apply, and what it changes for selling to the projects.

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Where it lands, province by province1

Río Negro It is the lever that turned Rio Negro into a destination province for RIGI: USD 4,125 M in creditable assets based in 2 projects of its own plus the VMOS terminal. The test case that adhering early and clean attracts capital first. favorable thesis

The other rules on this subject31

Ley Bases: the RIGI is bornLey 27.742 · Decreto 749/2024in force

RIGI: more time and more sectorsDecreto 105/2026in force

RIGI: what paperwork you have to file afterwardsDecreto 749/2024in force

Super RIGI: data centers, AI and semiconductorsFirst-round approval in the Chamber of Deputies (Jun-2026), in the Senatepending

CPTPP: Argentina asks to join the Trans-Pacific blocLetter of intent (06-03-2026)pending

Invest in Neuquén: the 'Neuquén RIGI' that starts at USD 500,000Ley 3502 (2025) + Decreto 0097/2026in force

See all 31 under «RIGI and investment» →

How to read the seals → verif primary source · prob primary source pending · unconf a source said it · estim our own calculation · thesis our reading · the date belongs to the datum, at the precision its source allows

Ignacio Aredez· Chief analyst

Credentials and track record →

10+ years in data science for clients across Europe and the Americas
Certified in AI governance (ISO/IEC 42001)
Machine Learning (Google Cloud)
Registered expert with the European Commission

Fact sheet built on the published rule, with the gaps declared. Back to the reforms