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Argentina: Relief for employers, social security contributions (COVID-19)

Argentina: Relief for employers (COVID-19)

An emergency assistance program has been established to provide relief for employers economically affected by the coronavirus (COVID-19) pandemic.


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Decreto 332 (Spanish) was published in the official gazette on 1 April 2020 and provides for the creation of the emergency assistance program for jobs and production. Among the benefits available under the program are the following items:

  • Postponement of the payment of employer contributions to the Argentine Integrated Social Security System (SIPA)
  • A reduction of up to 95% of the payment of employer contributions for the SIPA
  • Part of wages to be covered by the National Social Security Administration (ANSeS)

Among the requirements that must be satisfied to have access to these benefits, there must be evidence of economic activities that have been “critically affected,” of a significant percentage of employees who cannot provide services, and of a substantial reduction in sales after 20 March 2020.

Read an April 2020 report [PDF 627 KB] prepared by the KPMG member firm in Argentina

For more information, contact a KPMG tax professional in Argentina:

Hernán Caire | +54(11) 43 165 737 |

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