Argentina Business Term Paper Example | Topics and Well Written Essays - 2000 words

genus Argentina Business - Term Paper ExampleMost of the citys population comprises of youth between the ages of 17 to 40 who habitus the majority of our target market in any environment because their high income levels produce high purchasing power (Brown, 1999). We note that the nations frugality has a high nominal GDP per capita which provides for a high purchasing power of its citizens, which is suitable for our entrance into the market. Moreover, the nation boasts of the latest technology in infrastructure, in the world. The land, air and water transportation systems are well developed, even in the rural areas. This will enable safe and effective transportation of our exported vehicles to and within this nation. In addition, the countrys proximity to the Atlantic Ocean presents an added advantage in transporting the exports to our customer(s). Argentina has some of the biggest and busiest ports and harbors in the world, these include interface of Mar del Plata, Port Belgrano and Port of San Antonio Oeste. All of these ports are located on the Atlantic Ocean, making shipping exports to the country our most effective option. Moreover, Buenos Aires serves as a key distribution hub for the southeastward American continent thereby expanding our companys market potential (Brown, 1999). Customs requirements in Argentina are different among different groups, such as citizens, diplomats and visitors. Seeing that our potential buyer is a resident of Argentina not only owns a national car dealership business, but Diplomatic exemption as well he is also involved in importing cars for his diplomatic clients. We should, therefore, meet the requirements of exporting diplomatic and conventional vehicles. Argentinian customs requirements for exportation of diplomatic vehicle maintain that any person importing diplomatic cars must be licensed by the Ministry of Foreign Affairs I behave confirmed our potential clients registration with the ministry, so this will not be a hindrance in doing business with him. The ministry is also mandated with ensuring that any imported diplomatic vehicles are brand new or less than 5 years old. Argentinian laws also require that the vehicles and all its documentation should be under the importers name therefore, we must ensure that all the documentation pertaining the vehicles registration is done under our clients name. The requirements further stipulate that the vehicles should be shipped into the country six months after the arrival of the importer thus, we cannot export vehicles to the nation if our client is out of the country. Moreover, the Argentinean government requires that the importer owns an fender passport and at least two original bills of lading he should also possess the original vehicle(s) purchase invoice and have the property title registered in his name. Vehicle taxation in Argentina is based on the Cost Insurance and freight (CIF) values of the vehicles. The rates are 80% of the CIF for con ventional vehicles, 100% for diesel cars and 65% for motorcycles. Importation of vehicles that do not have local equivalents in Argentina attracts quotas to limit importation and encourage purchasing of locally manufactured vehicles (Rock, 2001). On the other hand, the UK customs requireme