Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 21

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 10
Chunk 21
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, payment may be made from the moment of customs registration; for other goods, payment may be made starting 30 calendar days after customs clearance.

As of April 14, 2025, this period is reduced to 0 (zero) calendar days for all imports.

Access to the MULC for payments of imports with pending customs registration requires prior approval from the Central Bank, unless it involves specific situations provided for in the Foreign Exchange Regulations.

Regarding the stock of import-related debt for which customs registration occurred on or before December 12, 2023, access to the MULC also requires prior approval from the Central Bank, except when the operations are financed by financial institutions, official credit agencies, or international organizations, or in situations provided for under the current regulations.

231
Imports of Services

Pursuant to Section 13 of the Consolidated Text, entities may grant access to the MULC in order to process payments for services provided by non-residents, provided that they have documentation evidencing the existence of the service. In the case of commercial debts for services, access to the MULC is permitted from the maturity date, provided that the transaction has been duly reported.

Communication “A” 7917, issued on December 13, 2023, substantially amended the regime governing access to the MULC for the payment of imports of goods and services. As from said Communication, the conditions for accessing the MULC to pay for services to non-residents were modified, and are currently established as follows:

I. Payment of services provided by non-residents

Entities may grant access to the MULC without the need for prior approval from the Central Bank to process payments for services provided by non-residents, provided that the remaining applicable requirements set forth in the Consolidated Text are met, when:

i) The payment corresponds to a transaction classified under the following concept codes:

S03. Passenger transport services; S06. Travel (excluding transactions related to withdrawals and/or consumption with cards of residents with non-resident providers or of non-residents with Argentine providers); S23. Audiovisual services; S25. Government services; S26. Health services provided by travel assistance companies; S27. Other health services; S29. Transactions related to withdrawals and/or consumption with cards of residents with non-resident providers or of non-residents with Argentine providers.

ii) Expenses paid to foreign financial institutions for their ordinary operations.

iii) The payment corresponds to a transaction classified under concept “S30. Freight services