Argentina free zones

Argentina free zones

setup new Argentina company in free zone areaThe local authorities operate ten free trade zones in Argentina (FTZ). These Argentinian export processing zones offer limited benefits which mainly include: i) no custom duties and ii) no VAT on goods imported into the FTZ. The permit to operate in a free trade zone in Argentina is usually to be obtained with provincial authorities;

Kindly note that Argentinian companies registered with a free trade zone are still subject to standard taxation requirements. They notably pay corporate tax at the same rates (standard rate of 35%) applicable in the rest of the Argentinian territory;

The most widely used free zones in Argentina are the three following: i) La Plata free trade zone ii) Tierra del Fuego free trade zone and iii) General Pico La Pampa free trade zone. Kindly refer to the table below for an assessment of these three Argentinian FTZs.

Summary at a GlanceTierra del FuegoLa PlataGeneral Pico
How long to set the company up?12 weeks12 weeks12 weeks
How long to open company bank account?8 weeks8 weeks8 weeks
Quality of UtilitiesGoodSatisfactorySatisfactory
Allowed to sign sales contracts with Argentina Clients?YesYesYes
Allowed to invoice Argentina Clients?YesYesYes
Corporate tax payable in Argentina35%35%35%
Corporate bank accountHSBC ArgentinaHSBC ArgentinaHSBC Argentina
Physical office space requiredYesYesYes
Industrial space availabilityManyManyMany
Allowed to import raw materials?YesYesYes
Allowed to export goods?YesYesYes
Wholly foreign ownedYesYesYes
Can the entity hire expatriate staff in Argentina?YesYesYes
Minimum number of directors222
Minimum number of shareholders222
Tax registration certificate requiredYesYesYes
Individual shareholders allowedYesYesYes
Corporate shareholders allowedYesYesYes
Corporate director(s) allowedYesYesYes
Public register of shareholders and directorsYesYesYes
LLC company allowed?YesYesYes
Can apply for immigration visasYesYesYes
Annual audited financial statementsYesYesYes
Draft invoice

Contact us

For additional information on our free zones 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