Argentina company registration

DOING BUSINESS IN ARGENTINA IN 2017

Since 2003, Healy Consultants Group PLC has been efficiently assisting our Clients with starting their business in Argentina. Our experts serve our Clients with i) Argentina business registration ii) government compliance iii) license registrations iv) visa applications v) work space rental solutions and vi) employee recruitment solutions.

SummaryLLCFast business setup solutionFree zone LLCPublic limited companyJoint Stock PartnershipRepresentative officeBranch office
Also known asSRLFast business setup solutionExport companySASCAOficina de representaciónSucursal
Best use of company?All products and servicesClose a customer deal nowManufacturing and export tradingTo secure public fundingProfessional servicesMarketing & researchSpecific projects
How soon can you invoice Clients/sign sales contracts?6 months6 weeks6 months6 months6 monthsCannot6 months
How soon can you hire staff?6 months6 weeks6 months6 months6 months6 months6 months
How soon can you sign a lease agreement?4 months6 weeks4 months4 months4 months4 months4 months
How long to supply corporate bank account numbers?7 months8 weeks7 months7 months7 months7 months7 months
How long to supply company registration / tax numbers?6 months6 weeks6 months6 months6 months6 months6 months
Corporate tax rate on annual net profits?35%35%35%35%35%0%35%
Limited liability entity?YesYesYesYesYesNoNo
Government grants available?YesYesYesYesYesYesYes
Government approval required for foreign owners?YesYesYesYesYesYesYes
Resident director/partner/manager/legal representative required?YesYesYesYesYesYesYes
Minimum paid up share capital?US$2,500US$2,500US$2,500US$2,500NoneNoneNone
Can bid for Government contracts?YesYesYesYesYesNoYes
Corporate bank account location?HSBC ArgentinaCitibank ArgentinaBBVA ArgentinaBanco SantanderBanco MacroBank ItauBanco Patagonia
Can secure trade finance?YesYesYesYesYesNoYes
VAT payable on sales to local customers?21%21%No21%21%None21%
Average total business set up engagement costs?US$20,790US$34,150US$19,240US$20,790US$20,790US$20,830US$22,830
Average total engagement period?7 months3 months7 months7 months7 months7 months7 months


See full table

Accounting and tax considerationsLLCFast business setup solutionFree zone LLCPublic limited companyJoint Stock PartnershipRepresentative officeBranch office
Statutory corporate tax payable?35%35%35%35%35%0%35%
Legally tax exempt if properly structured?NoNoYesNoNoNoNo
Group HQ tax incentives?NoNoNoNoNoNoNo
Must file an annual tax return?YesYesYesYesYesYesYes
Must file annual financial statements?YesYesYesYesYesYesYes
Must appoint an auditor?NoNoNoYesNoNoNo
Access to double taxation treaties?YesYesYesYesYesNoYes
Withholding tax on payments to foreign shareholders?0%0%0%0%0%None0%
Company RegistrationLLCFast business setup solutionFree zone LLCPublic limited companyJoint Stock PartnershipRepresentative officeBranch office
Resident director/partner/manager/legal representative required?YesYesYesYesYesYesYes
Minimum number of shareholders/partners?22222Parent companyParent company
Maximum shareholding for foreigners?100%100%100%100%100%100%100%
Minimum statutory paid up share capital?US$2,500US$2,500US$2,500US$2,500NoneNoneNone
Security deposit to be kept with Government?NoNoNoNoNoNoNo
Shelf companies available?YesYesYesYesYesNoNo
Time to incorporate a new entity?4 months6 weeks4 months4 months4 months4 months4 months
Can easily convert to a PLC?YesYesYesYesNoNoNo
Public register of shareholders and directors?YesYesYesYesYesNoNo
Can have preference shareholders?YesYesYesYesYesNoNo
Business ConsiderationsLLCFast business setup solutionFree zone LLCPublic limited companyJoint Stock PartnershipRepresentative officeBranch office
Good entity for trademark registration?YesYesYesYesYesNoYes
Can secure an import and export license?YesYesYesYesNoNoYes

Sponsorship by a local citizen required?No
Our Client needs to travel to Argentina for business set up?No
Temporary physical office solutions available?Yes
You need a local resident as bank signatory?No
Can be wholly foreign owned?Yes
The entity will likely be regulated by?Office of Corporations
Minimum number of directors/managers?1
Monthly VAT reporting to the Government?Yes
Must sign an office lease agreement during incorporation?No
Shareholders & directors documents to be attested\translated?Yes
Each foreign director needs a personal income tax number?Yes
Foreign director needs a residence visa?No
Maximum number of staff allowed?No maximum number for any entity
Expatriate to local staff ratio?None
Can secure residence visa for business owner?Yes
Other useful information
What will be included in my customer sales invoice?Click link
This country has signed free trade agreements?Yes
This country is a member of WIPO/TRIPS?Yes
This country is a member of the ICSID?Yes
Average custom duties suffered?7.35%
Government foreign investment approval required?No
Average monthly office rental? (US$ per sq m)US$10
Minimum statutory monthly salary?US$510
Average monthly US$ salary for local skilled employees?US$1,107
US$ deposit interest rate? (1 year average)0.0155
Overseas remittance currency controls?Yes
Banking considerations
Multi-currency bank accounts available?Yes
Corporate visa debit cards available?Yes
Quality of e-banking platform?Excellent
Crowd funding available in this country?Yes

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Contact us

For additional information on our company registration services in Argentina, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi