In order to take advantage of the benefits provided in Dec. 335/19 and Dec. 280/19, we share the details to register as an SME:
REGISTER AS AN SME
SME Registration
Micro, small and medium-sized companies must enter AFIP with their CUIT, enable the registry service and complete a form. If the application is approved, they receive a certificate that accredits their SME status to the Ministry of Production and third-party organizations and institutions. With this certificate you can access tax benefits and assistance programs for your company.
What is an SME?
It is a micro, small or medium-sized company that carries out some of its activities in the country, in any of these sectors: services, commercial, industrial, agricultural, construction or mining. It can be made up of one or more people, or a group of companies.
Categories
The Ministry of Production establishes the category of SMEs according to the declared activity, the amounts of the total annual sales of each company or their number of employees. Total annual sales arise from the average of the last three fiscal years or closed fiscal years, excluding VAT, the applicable internal tax and 75% of the amount of exports. If after registering you change your activity or the invoicing amounts or the number of employees change, when you recategorize and load a new fiscal year, you will be assigned a new category. For companies that have at least the 70% of their sales related to commission or consignment activities, the categorization is established according to the number of employees.
Requirements
- Have CUIT
- Have a Tax Code level 2 or higher
- Be enrolled in the Monotributo or in the General Regime - What is the General Regime?
- Be adhered to Remote Procedures (TAD) - See how to do it
Who can register?
Monotributistas, professionals, merchants, companies, small and medium-sized companies, and all human or legal persons who meet the aforementioned requirements, regardless of age.
Companies that carry out any activity within "Financial Intermediation and Insurance Service" or "Real Estate Services" can register as an SME if their assets do not exceed $193,000,000.
Who cannot register?
Companies that carry out any activity within:
- Private home services that contract domestic service.
- Services of foreign organizations and bodies.
- Public administration, defense and compulsory social security.
- Services related to gambling and betting.
How is it done?
- Enter the AFIP site with your CUIT and Tax Code.
- Enter the Tax Code Relationship Manager.
- I clicked on the “Enable Service” option.
- Select the AFIP logo and, in "Interactive Services", search for and select the "SMEs Application for Categorization and / or Benefits" service.
- I clicked "Confirm."
- In order for the service to appear on your menu, you have to log out and log back in with your Tax Code.
- Enter the service, click on "New" and check that the information is correct.
- Complete the form 1272 that is displayed.
If you are Registered Manager:
- This is the time to request the benefit of the 90-day VAT Payment. Click on the box next to the benefit and select the "Yes" option.
- In the flaps of the fiscal periods you will see the sum of your total annual sales excluding VAT, the applicable internal tax and the 75% of the amount of exports and you must detail what activity they correspond to.
- Once you have reported the sales, you can file the Affidavit by clicking "Submit." If you want to save it to finish completing it at another time, click "Burn".
If you are VAT exempt:
- Once the form is presented, you have to enter here and complete the requested information.
If you are a monotributista:
- You just have to click "Next". Please note that when you do, the screen will not change. Slide the cursor up and click the "Submit" button in the upper right margin.
- You will be able to see the registration confirmation in the AFIP e-window service and you will receive the SME Certificate in your TAD notification tray. If you don't receive it, you can download it here by entering the transaction number.
If you don't remember your transaction number, follow these steps:
- In AFIP, enter the service "SMEs, Application for Categorization and / or Benefits" and click "Accept".
- In "Actions" click on the dropdown menu and select "Acknowledgment".
- I clicked on the PDF icon and looked at the receipt again.
Watch the video tutorial How to register your SME in AFIP?
Benefits
How to access to the benefits?
90 day VAT payment
You can pay 90 days VAT that you will declare monthly. If you want to access this benefit, you can do it when you are registering as a SME in AFIP: once inside the "SMEs" service, click on the box next to the benefit and select the "Yes" option. You will be able to see the approval or rejection of the request for the benefit in the e-window service.
Once the application is approved, you can see the new maturity of the payment of the Sworn Declarations of VAT through the System of Tax Accounts. Remember that the filing of VAT Affidavits continues to be monthly, but you can enter the resulting balance on the due date corresponding to the second month following the original due date.
Compensation of the tax to the check in the payment of Earnings
If you have a micro or small company, you can offset in the payment of earnings the 100% of the check tax, and if you have a medium-sized industrial companies section 1, the 60%.
Compensation can be done through Form F798 at SIAP or in the affidavit.
To take into account:
- Bank accounts and other operations must be in the name of the registered beneficiary.
- The benefit will take effect with respect to the tax credited and / or debited from the month in which the registration is approved.
- The remainder of the tax on debits and credits may not be compensated with other taxes by the taxpayer or with requests for reimbursement or transfer in favor of third parties. You can only transfer the 34% of the credits, until their exhaustion, to other fiscal periods.
Elimination of the Minimum Presumed Income Tax
If you register your SME, you no longer pay or file the Minimum Presumed Income Tax. Once enrolled, the AFIP Registry System must include "Presumptive Minimum Income Exemption".
Simplification to request the VAT non-withholding certificate
If you are registered as an SME, the procedures for requesting the VAT non-withholding certificate are simplified.
Micro, small and medium-sized companies can request the benefit when their VAT Affidavits have a favorable balance during two consecutive fiscal periods prior to the order.
In addition, at the time of application, small and medium-sized companies section 1 must have a favorable balance in the last past due VAT Affidavit, equivalent to 10% of the average tax determined in the DDJJ of the last twelve fiscal periods, at least .
Companies that carry out construction and mining activities and human beings that carry out activities in the service sector cannot access the benefit.
To request that VAT not be withheld on all your operations, follow these steps:
- Enter the AFIP site.
- Select the "Ret / Percep VAT Exclusion Certificates and Percep VAT Exclusion Certificates - Customs" service.
- Select the option "Request for Certificate of Exclusion of Withholding and / or Perception of Value Added Tax (CNR PYME)".
Promotion Scheme for SMEs that invest
If between July 1, 2016 and December 31, 2018 you invest in infrastructure works or tangible capital goods (except cars, according to Traffic Law No. 24,449), as long as they are amortizable in Income Tax, You can request these benefits:
- Calculation of the 10% of the investment as payment on account of the Income taxwithout the value exceeding the 2% of the average of the net income obtained from sales, benefits or locations of work or services corresponding to the fiscal year or annual exercise in which the investments were made and the previous one. For manufacturing industries, the limit is 3%.
- Conversion of VAT on investments into a tax credit bond that you can use within 10 years to pay national tax and customs taxes. VAT has to integrate the technical balance in the last Affidavit submitted at the time of requesting the benefit.
Look here the steps to apply for these benefits.
Reduction of withholdings for micro business companies
If you have a micro business company and sell to retirees and pensioners reached by the benefit of VAT refunds, you are excluded from the income tax withholding regimes on the operations you carry out with a credit or debit card. To request this benefit, you have to show the SME certificate to the respective withholding agent.
When are each benefit accessed?
When you are registering you can request 90-day VAT payment. In addition, at this time the exemption from the Minimum Presumed Income Tax is automatically activated.
You can request access to the Investment Promotion Regime from the first day of the fourth month after the end of the year and up to five business days prior to the expiration of the affidavit of Earnings at AFIP. At that time, you also have to declare the tax compensation to the check.
You can request the VAT non-retention certificate when you have two VAT balances in favor. If you have a micro business company and want to access the reduction of withholdings, you have to present the certificate to the respective withholding agent every time you recategorize.
If you register as an SME, you can also access these programs and benefits:
Digital Innovation for SMEs
You can access discounts and financing to buy computers, do training and develop e-commerce for your SMEs.
First SME Credit
The Investment and Foreign Trade Bank offers you a line of credit so that you can access long-term investment financing.
Reciprocal Guarantee Societies
You can obtain a guarantee to access credits at competitive and preferential rates. through the Reciprocal Guarantee Societies (SGR). In addition, they offer you technical, economic and financial advice.
SME experts
An expert visits your company and advises you to detect problems and make an improvement plan for your SME.
SME Certificate
What is the SME Certificate?
It is a document that you will obtain once you finish registering for the registry. In addition to accrediting your status as a SME before the AFIP, the Ministry of Production and third-party organizations and institutions, allows you to access financing, tax benefits and assistance programs for your company.
Validity and renewal
The effective date is printed on each certificate and corresponds to the last day of the
fourth month after year-end. To renew it, you have to recategorize your
SMEs during that month.
Recategorization
To maintain the benefits of registration you have to recategorize your SME from
fourth month after year-end.
To do it, I followed these steps:
- Enter the service "SMEs Request for Categorization and / or Benefits".
- Click "New" and complete a new affidavit (form 1272).
Balance presentation
Single Balance Sheet Presentation
The Single Presentation of Balances (PUB) is an online service for registered SMEs to present their financial statements to the AFIP, the Ministry of Entrepreneurs and SMEs, and third-party public and private organizations in a single procedure. With this service, you can certify the balance only once and have access to the digital copy kept by the system.
To make the presentation, all you have to do is enter the Service Tax Code Single Balance Sheet Presentation - (PUB) at AFIP. Here you can see the step by step.
Is it compulsory?
Yes. As of June 1, 2017, SMEs registered with enforceable financial statements must use the new PUB service to replace the so-called “Electronic transfer of financial statements”.
When do you have to present balances?
You have to file them annually and you can do it until the last day of the sixth month after the end of the corresponding fiscal year.