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Registering a company in Argentina in 2020
The jurisdiction is characterized by such advantages:
- One of the developed countries of Latin America;
- Several types of legal forms of enterprise are available;
- Lack of minimum capital requirements for registration of branches;
- The ability to register a company in the free trade zone of Argentina;
- A minimization of taxation during the registration in the FTZ.
A business registration is from 2790 €
A duration of the registration is from 7 daysDetailed information
Argentina has the third lowest consumer price index in Latin America. Therefore, registering a company in Argentina would be a good idea for startups and established businessmen.
Based on the planned type of activity, IQ Decision specialists can provide personal advice on starting entrepreneurship in Argentina.
- a stock corporation;
- a subsidiary;
Planning to set up an LLC in Argentina, remember, that the creation of an Argentine company takes at least 2 months, the minimum paid-up capital is 300 US dollars.
To set up a commercial firm in Argentina, you will need two (or more) directors, which can be both individuals and legal entities (the majority are residents).
If you want to register a public firm in Argentina, then a stock corporation is a good idea. The min capital for this type of activity is $7,500.
Argentina's necessary condition for registration include at least 1 director and 2 sharers. If foreign investors can be sharers, then most of the directors should be residents.
To open a subsidiary in Argentina does not need an initial capital. This organization should:
- designate a legal representative;
- provide the aforementioned person with a power of attorney;
- to open a corporate account with an Argentine banks;
PAY ATTENTION: a branch of an Argentine foreign company can bill Argentinean customers, sign local sales contracts and make profit from local customers.
Planning to establish an institution in the free trade zone of Argentina, pay attention to the following advantages:
- lack of customs duties;
- lack of VAT on goods imported into the free trade zone;
For legal business in the free trade zone of Argentina, you need to obtain Argentine permissions from local authorities.
Registering an Argentine company in a free trade area, please note, that these enterprises are also subject to standard tax requirements. In particular, they pay the same corporate tax, that applies throughout Argentina. The standard corporate tax rate is 35%.
If you want to get legal advice on registering a company in Argentina, contact IQ Decision specialists. Our highly qualified lawyers will provide you with services to accompany the registration of the Argentinean business, as well as help you to open a corporate account with banks in Argentina, to establish an Argentine company or to buy a ready-made company in Argentina.
You can contact our employees at the contacts indicated on the site.
The information outlined in the article is actual at the time of its publication. Please refer to our specialists for checking possible solutions for your business.