Government publishes requirements for accessing the Knowledge Economy regime, a $6 bn annual industry

The industry, which groups together sectors and activities such as software, professional services, biotechnology, consultancy, engineering and audiovisual content, employs 437,000 people and exports $6 billion annually. Companies will have to prove that 70% of their turnover comes from these sectors to receive the benefits and must meet at least two of the following requirements:

  • investment in improving the quality of their products and services,
  • staff training or research and development work,
  • exporting at least 4% of their turnover.

Source: Clarín