Setting Up a Company in Argentina

A properly-structured Argentinean company is a useful corporate vehicle through which business can be conducted in Latin America. The following information will help you make an informed decision on whether setting up a company in Argentina is the optimum solution for your business:
Advantages to Setting Up a Company in Argentina
1.	Investors setting up a company in Argentina gain access to Latin America's growing economies. Argentina has a liberalized domestic market with few trade restrictions.
2.	Foreign investors setting up a company in Argentina have unrestricted access to all of Argentina's economic sectors.
3.	Entrepreneurs setting up a company in Argentina benefit from the country's liberalised domestic market which has few trade barriers.
4.	Investors setting up a company in Argentina can freely remit and exchange capital from the country and can benefit from 100% foreign ownership.
5.	Healy Consultants can open corporate bank accounts for investors setting up a company in Argentina. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
6.	Argentina has signed double taxation treaties with several countries around the world, making it increasingly attractive to those setting up a company in Argentina. For more information kindly visit the International Comparative Legal Guide website.
Disadvantages to Setting Up a Company in Argentina
1.	Setting up a company in Argentina is a time consuming process due to the high level of bureaucracy in the country. According to the World Bank's Doing Business 2011 Survey, Argentina is poorly ranked as the 115th country for its ease in which to do business in.
2.	After setting up a company in Argentina, annual audited financial statements and an annual tax return must be submitted to the Argentinean authorities.
3.	When setting up a company in Argentina, at least two directors and a company secretary are required. Directors can be of any nationality, but are required to be resident in Argentina.
4.	When setting up a company in Argentina, the directors must have either permanent or temporary residence in the country. To obtain permanent residence, foreign investors are required to invest US$100,000 in the country.
5.	Resident Argentinean corporations are taxed at 35% on worldwide income. For more information kindly visit the International Comparative Legal Guide website.
Types of Argentina Company
Sociedades Anónimas or Corporation
Investors setting up a company in Argentina often opt for a Sociedad Anónimas. This entity must have at least two shareholders, and the shareholders' liability is limited to their paid-up capital. For investors planning to set up a company in Argentina and list on the Buenos Aires stock exchange, this is the only Argentinean corporate entity permitted to do so.
Branch of a Foreign Corporation
Another option for investors setting up a company in Argentina is to set up a branch of a foreign company in Argentina. The foreign company must register the parent company's Articles of Incorporation with the Argentina Public Register of Commerce. It must also appoint representatives, and file details with the Public Register. Non-resident companies without a branch or any other permanent presence in Argentina pays tax only on income derived from within Argentina.
Contact Us
For more information on setting up a company in Argentina, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
Back to Argentina Company Formation page.

Buy the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com