Business entities in Argentina in 2022

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Healy Consultants assists our Client determine the most optimum business structure to start a business in Argentina. There are several business entities available to foreign entrepreneurs: those willing to setup a small business in Argentina commonly choose a Limited Liability Company (LLC). Argentina business setup may also be completed with a share corporation or a foreign company’s branch office.

The Argentina limited liability company (sociedad limitada)

  • Argentina company setup takes two months and the minimum paid up capital is US$300;
  • A minimum of two directors is required to setup an LLC in Argentina. Directors can either be natural persons or companies; the majority must be Argentina residents.

The Argentina stock corporation (sociedad anonima)

  • Healy Consultants recommends this entity if our Clients wish to incorporate a publicly listed company. The minimum paid-up capital is US$7,500 for this setup;
  • Argentina joint stock company requirements also include a minimum of one director and two shareholders. While shareholders can be of any nationality, a majority of directors should be resident in Argentina.

The Argentina branch office (sucursal)

  • An Argentina foreign company branch can invoice Argentina customers, sign local sales contracts, and receive income from customers;
  • This entity does not require a minimum capital for business setup in Argentina. A Branch office operates only within scope defined by the parent company;
  • This entity in Argentina must i) appoint a legal representative ii) grant him/her with a power of attorney iii) must maintain a local bank account.

Table of comparison between Argentina entities

  Limited liability companies Foreign branch Stock corporation
Also known as sociedad limitada sucursal sociedad anonima
How long to set the company up? 12 weeks 12 weeks 12 weeks
How long to open company bank account? 8 weeks 8 weeks 8 weeks
Legal liability Limited Unlimited Limited
Wholly foreign owned Yes Yes Yes
Minimum paid up capital US$300 No US$7,500
Tenancy agreement required before incorporation Yes Yes Yes
File annual tax return Yes Yes Yes
Managing director need to travel? No No No
Resident director required Yes Yes Yes
Resident shareholder required No No No
Minimum directors required 2 1 1
Minimum shareholders required 2 1 2
Minimum shareholders required No No No
Corporate shareholders allowed Yes Yes Yes
Corporate directors allowed Yes Yes Yes
Corporate directors allowed Yes Yes Yes
Allowed to trade on stock exchange No No No
Bearer shares allowed No No No
Corporate tax rate 35% 35% 35%
Corporate tax payable on Worldwide income Argentina income Worldwide income
Argentina income Yes Yes Yes
Statutory audit required Yes Yes Yes
Tax exempt free zones available Yes No Yes
Withholding tax on dividends without DTA 35% No 35%
Allowed to issue sale invoices Yes Yes Yes
Allowed to sign contracts Yes Yes Yes
Allowed to import and export goods Yes Yes Yes
Must rent an office in Argentina Yes Yes Yes
Can buy Argentina property? Yes Yes Yes
Can own equity in other Argentina companies? Yes Yes Yes
Estimate of engagement costs US$ US$ US$
Average total Argentina business setup 13,550 13,590 13,550
Average annual costs including accounting and tax fee 20,790 22,830 20,790
Sample engagement fee invoice View invoice PDF View invoice PDF View invoice PDF

Frequently asked questions

Contact us

For additional information on our business setup services in Argentina, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi