Argentina company registration

Argentina company registration

DOING BUSINESS IN ABU DHABI

Since 2003, Healy Consultants 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.

Summary100% LLCFast SolutionFree zone LLCJoint-Stock PartnershipBranch companyRepresentative officePLC
Best use of company?All business activitiesFast business setupImport export distributionTo raise capitalAll products and servicesMarketing and advertisingAll products and services
Also known asSRLTurnkey solutionExport companySCASucursalOficina de representaciónSA
Legally tax exempt if properly structured?NoNoNoNoNoNoNo
Corporate bank account location?HSBC ArgentinaCitibank ArgentinaBBVA ArgentinaBanco SantanderBanco MacroBank ItauBanco Patagonia
Client must travel to Argentina?NoNoNoNoNoNoNo
Can secure trade finance?YesYesYesYesYesNoYes
Limited liability entity?YesYesYesNoNoNoYes
VAT payable on sales to local customersYesYesYesYesYesNoYes
Withholding tax on payments to shareholders?YesYesYesYesYesYesYes
Average total engagement costs?US$17,950US$22,000US$17,950US$17,950US$20,990US$20,990US$17,950
Average total engagement period?7 months2 months7 months7 months7 months7 months7 months
Accounting and tax considerations100% LLCFast SolutionFree zone LLCJoint-Stock PartnershipBranch companyRepresentative officePLC
Statutory corporation tax payable?35%35%35%35%35%35%35%
Must file an annual Argentina tax return?YesYesYesYesYesYesYes
Effective corporation tax rate on net profits of US$250,000?35%35%35%35%35%35%35%
Must file annual financial statements?YesYesYesYesYesYesYes
Investment income is legally tax exempt in Argentina?NoNoNoNoNoNoNo
Access to double taxation treaties?YesYesYesYesYesYesYes
Monthly VAT reporting to the Government?YesYesYesYesYesNoYes
Legally tax exempt entity?NoNoNoNoNoNoNo
Dividends received are legally tax exempt?NoNoNoNoNoNoNo
Company registration100% LLCFast SolutionFree zone LLCJoint-Stock PartnershipBranch companyRepresentative officePLC
Resident director\partner\manager required?YesYesYesYesYesYesYes
Minimum number of shareholders\partners?2222Parent companyParent company1
Minimum number of directors/managers?3333113
Minimum paid up share capital?US$2,500US$2,500US$2,500US$0US$0US$0US$2,500
Shelf companies available?YesYesYesYesNoNoYes
Time to incorporate a new entity?12 weeks2 weeks12 weeks12 weeks12 weeks12 weeks12 weeks
Can easily convert to a local PLC company?YesYesYesYesNoNoYes
Can have preference shareholders?YesYesYesYesNoNoYes
Business considerations100% LLCFast SolutionFree zone LLCJoint-Stock PartnershipBranch companyRepresentative officePLC
Can invoice local customers?YesYesYesYesYesNoYes
Can hire local staff?YesYesYesYesYesYesYes
Can rent local office space?YesYesYesYesYesYesYes
Secures a residence visa for business owner?YesYesYesYesYesYesYes
Good entity for trademark registration?YesYesYesYesYesNoYes
Other useful information100% LLCFast SolutionFree zone LLCJoint-Stock PartnershipBranch companyRepresentative officePLC

Average monthly office rental? (US$ per sq m)US$10
Minimum statutory monthly salary?US$510
Average monthly US$ salary for local employees?US$1107
Argentina ARS deposit interest rate? (1 year average)28.5%
US$ deposit interest rate? (1 year average)1.55%
Overseas remittance currency controls?Yes
Public register of shareholders and directors?Yes
Banking considerations
Multi-currency bank accounts available?Yes
Corporate visa debit cards available?Yes
Quality of e-banking platform?Excellent

Frequently asked questions

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