Shelf company/turnkey solutions for Argentina in 2024
- Healy Consultants provides entrepreneurs looking to invest in Argentina a complete turnkey solution including an Argentinian ready-made company and corporate bank account already approved;
- With a turnkey solution, Healy Consultants can supply our Client a company number and corporate bank account in Argentina within a week! The best thing about turnkey solutions is that it reduces the time spent having to incorporate a limited liability company from scratch;
- Unfortunately, the alternative is to set up a new Argentine company and corporate bank account, which takes 3 to 4 months. Some of our Clients purchase Argentina turnkey solutions if they i) want a company registration number fast ii) require a corporate bank account number to immediately receive sales income and iii) to immediately close an important deal;
- The name of the already approved corporate bank account is that of the existing Argentinian ready-made company. To maintain the corporate bank account, the shelf company name cannot be changed. Consequently, our Client must use the existing name of the shelf company for their customers. The business activity of the company is allowed to change. If our Clients wishes to change the shelf company name, the bank will request a new corporate bank account opening application under the new company name.
Healy Consultants’ fees
Healy Consultant’s Argentina turnkey services cost is US$22,000 including a i) pre-registered company ii) with a Argentina already approved corporate bank account with excellent internet banking iii) a registration number and tax ID and iv) a legal registered address. Refer to invoice below:
Steps to purchase a turnkey solution in Argentina
| No. | Steps | Week |
|---|---|---|
| 1. | Healy Consultants Compliance Team receives the required corporate and personal due diligence information from our Client; | 1 |
| 2. | Our Client signs Healy Consultants engagement letter and returns the original to our Singapore Head Office. Our Client settles our fees; | 1 |
| 3. | Healy Consultants provides our Client i) a company name and number ii) a company office address and a Argentina tax ID iii) a Argentina corporate bank account number and iv) a tax number. Our Client can inform customers and suppliers; | 1 |
| 4. | Our Client confirms by email the planned corporate structure and e-mails the required due diligence; | 1 |
| 5. | The Argentine shelf company director signs i) the legal share allotment and legal share transfer and ii) the change of company address; | 2 |
| 6. | Our Client signs legal documents appointing new directors and shareholders and bank signatory. Our Client changes the internet banking username and passwords; | 3 |
| 7. | Healy Consultants’ Company Secretary Team submits transfer documents to the Public Register of Commerce. The Argentine registry approves the Argentina company change of ownership application; | 4 |
| 8. | Healy Consultants submits the change of bank signatory documents to the Argentine bank; | 4 |
| 9. | Healy Consultants then emails our Client a copy of the legal signed share allotment, legal share transfer, change of company address, lease agreement in Argentina for our Client’s record (if required); | 5 |
| 10. |
To change bank signatory, there is a 15% probability our Client must travel to meet the bank in Argentina. If the bank signatory is already a customer of the bank, then there is a 95% probability a travel exemption will be granted. As always, Healy Consultants will aggressively negotiate a travel exemption for our Client, asking the bank to just perform a skype or phone conversation with the bank signatory. Depending on Client nationality, sometimes we are successful and our Client does not have to travel to Argentina. |
5 |
| 11. | The bank approves the appointment of the new bank signatory and our Client has total control of the corporate bank account; | 6 |
| 12. | The bank will courier new internet banking documents (login, password, etc.) to our Client; | 8 |
| 13. | Our Client receives a courier from the bank comprising new internet banking information. The new bank signatory activates the internet banking; | 9 |
| 14. | Healy Consultants will courier a complete engagement completion package to our Client including i) company kit containing original Argentina corporate documents and ii) Healy Consultants Customer Satisfaction Survey. | 10 |
