SEDI: New regime for import authorizations

Joint General Resolution 5466/2023, published in the Official Gazette on December 26, 2023, established the “Statistical System for Imports” (SEDI) to register import information easier.

The SEDI system requires that importers register a sworn statement with the relevant data beforehand. This application is compared with the information in the tax authorities’ records and with the applicant’s Financial Economic Capacity. Once these controls are passed, the application will be set to REGISTERED status. It is worth mentioning that the “Risk Profile” controls required under the SIRA system have been discontinued.

The SEDI application will turn to READY status once all relevant public entities authorize it in the Foreign Trade Portal (known as “Ventanilla Única de Comercio Exterior” or “VUCEA””). Under the new regime, public entities are granted 30 days to intervene in the application and, if they fail to do so, the declaration will be automatically approved.

The regime also allows a larger excess rate between the SEDI declaration and the corresponding definitive import of a 7% excess in valuation or units imported. There is no limit to import below the amounts declared in the SEDI application.

To register a definitive import, it will be necessary to have a SEDI declaration in READY status. Once the status is READY, the SEDI declaration may be used within 360 calendar days.

The SEDI regime does not require any prior sworn statements on payments of services abroad.

Finally, the SIRA/SIRASE regime is repealed. SIRA applications in READY or CANCELLED status, as well as the already approved SIRASE applications, will remain valid, whereas the rest of these applications will be rendered effectless. This is consistent with what was established by the Argentine Central Bank through Communication “A” 7917, according to which, it will not be longer necessary to have a SIRA/SIRASE in the “READY” or “APPROVED” status, respectively.