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Company formation in Argentina
Comprehensive assistance in company formation, including banking services
How to form a company in Argentina
1
Document submission
You submit to us necessary documents of the future founders and directors for the purposes of company formation in Argentina and opening a bank account in Argentina
2
Payment of services
Payment of our services for company formation in Argentina and/or bank account assistance in Argentina
3
Company formation
We register a new company in Argentina for you. Upon completion of the registraion corporate documents are either delivered to you or submitted to a bank for the subsequent opening of a bank account
4
Bank account opening
In case you request an assistance with a bank account, we arrange an interview at the bank for you, inform you about the date of the visit and accompany you on your way to the bank. After the bank account is opened and active you receive corporate documents of the formed company as well as the access to the bank account
Key aspects to consider prior to incorporating a company in Argentina
There is no minimum share capital requirement in order to register a company in Argentina as a SRL (a limited liability company).
1. Founders that would like to register a company in Argentina can either be resident or non-resident in Argentina. Founders can be either individuals or legal entities. Each foreign shareholder has to obtain a personal tax code (CDI) required in order to register a company in Argentina.
2. A resident or a non-resident individual can be a company director in Argentina. However, it is required to register a company in Argentina with at least 1 resident director.
3. One individual can register a company in Argentina and simultaneously be a shareholder and a director in this company if such company is registered as a SRL (a limited liability company).
4. In order to register a company in Argentina it is necessary for every non-resident shareholder to receive an Identification Code (CDI) in Argentina.
5. There is no requirement for creating substance in Argentina in order to register a company in Argentina, however, it is highly recommended to have minimum substance in order to conduct business in this jurisdiction.
6. Minimum share capital that is required to register a company in Argentina as a SRL (a limited liability company) is not established.
7. Information about company founders, shareholders and directors after company registration in Argentina is complete is publicly available in the state corporate register.
8. We can help you register a company in Argentina, on the basis of a power of attorney. It is necessary for the director of the new company to travel to Buenos Aires for 1 day in order to open a corporate bank account.
2. A resident or a non-resident individual can be a company director in Argentina. However, it is required to register a company in Argentina with at least 1 resident director.
3. One individual can register a company in Argentina and simultaneously be a shareholder and a director in this company if such company is registered as a SRL (a limited liability company).
4. In order to register a company in Argentina it is necessary for every non-resident shareholder to receive an Identification Code (CDI) in Argentina.
5. There is no requirement for creating substance in Argentina in order to register a company in Argentina, however, it is highly recommended to have minimum substance in order to conduct business in this jurisdiction.
6. Minimum share capital that is required to register a company in Argentina as a SRL (a limited liability company) is not established.
7. Information about company founders, shareholders and directors after company registration in Argentina is complete is publicly available in the state corporate register.
8. We can help you register a company in Argentina, on the basis of a power of attorney. It is necessary for the director of the new company to travel to Buenos Aires for 1 day in order to open a corporate bank account.
Cost of services
Formation of a SRL
Timeframe - 25 business days
Timeframe - 25 business days
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Advantages of incorporating a company in Argentina
Attractive business-environment
- Geographic location of Argentina allows to establish maritime trade with North, Central and South American states, EU states, as well as with Asian states, Australia and New Zealand
- Argentina is a member of the MERCOSUR agreement with Brazil, Paraguay and Uruguay which established a free market between these states. This free market provides multiple benefits to companies registered in Argentina
- Large logistics center for making shipments to South American states
- Vast investment opportunities
- Highly-educated workforce
Tax benefits
- Multiple free trade zones that offer a variety of benefits such as no customs duties and no VAT (IVA) on goods imported into a free trade zone
- Multiple double tax treaties
Ease of establishing and doing business
- There is no minimum share capital requirement that is necessary to register a company in Argentina as a SRL
- Remote company formation in Argentina is available
More about Argentina
Argentina is located in the southern part of South America and has a territory of 2,780,440 square kilometers. Argentina borders Bolivia, Paraguay, Brazil, Uruguay and has access to the Atlantic Ocean and to the Drake Passage. The capital city of Argentina is Buenos Aires, the largest city and the location of key government institutions.
Population of Argentina amounts to around 47,4 million people.
Population of Argentina amounts to around 47,4 million people.
Official currency of Argentina is Argentine peso (ARS).
The economy of Argentina has ample natural resources, a diversified industrial base, an export oriented agriculture. The economy of Argentina is 2nd largest in South America.
The GDP of Argentina grew by 10.3% in 2021 and amounted to USD 491.5 billion. Tertiary sector makes up almost 55% of the GDP of the country, followed by industry sector at 23% and agriculture at 6%.
In terms of foreign trade, the largest sector contributing to the country's export are cereals, maize, corn, wheat, soya beans and soya bean oil and its fractions, animal and vegetable fats and oils, fruits, meat, fish mineral fuels and mineral oils, precious stones, motor vehicles for the transport of goods, gold.
Imports of Argentina consist of energy, petroleum oils, natural gas, electrical machinery and equipment, cars and vehicles, transmission apparatus, electric conductors, consumer goods, medicaments, organic chemicals, medical equipment.
Primary trading partners of Argentina are Brazil, Chile, Peru, Bolivia, Paraguay, Mexico, USA, China, Germany, Thailand, Vietnam, India, Indonesia, Netherlands, Egypt, Italy.
The economy of Argentina has ample natural resources, a diversified industrial base, an export oriented agriculture. The economy of Argentina is 2nd largest in South America.
The GDP of Argentina grew by 10.3% in 2021 and amounted to USD 491.5 billion. Tertiary sector makes up almost 55% of the GDP of the country, followed by industry sector at 23% and agriculture at 6%.
In terms of foreign trade, the largest sector contributing to the country's export are cereals, maize, corn, wheat, soya beans and soya bean oil and its fractions, animal and vegetable fats and oils, fruits, meat, fish mineral fuels and mineral oils, precious stones, motor vehicles for the transport of goods, gold.
Imports of Argentina consist of energy, petroleum oils, natural gas, electrical machinery and equipment, cars and vehicles, transmission apparatus, electric conductors, consumer goods, medicaments, organic chemicals, medical equipment.
Primary trading partners of Argentina are Brazil, Chile, Peru, Bolivia, Paraguay, Mexico, USA, China, Germany, Thailand, Vietnam, India, Indonesia, Netherlands, Egypt, Italy.
International business expands to Argentina and incorporates a company in Argentina primarily for the business-activities in the following areas:
Restricted for foreign entrepreneurs are the following sectors:
- manufacturing
- telecommunications
- metalworking
- oil and gas
- automotive
- petrochemicals
- agrichemicals
- pharmaceuticals
- construction stone
- mining deposits
- renewable energy
- sugar.
Restricted for foreign entrepreneurs are the following sectors:
- national defense
- operational activity of airports and seaports
- aviation
- media
- ownerhship of rural productive lands, bodies of water
- ownership of areas along borders
- postal services.
- Corporate income tax - from 25% up to 35%. Tax returns are filed on an annual basis. Advance income tax payments are made on a monthly basis
- Dividend withholding tax - from 0% up to 35%
- Interest withholding tax - from 15.05% up to 35%
- Royalties withholding tax - from 21% up to 31.5%
- Capital gains tax - from 0% up to 35%
- VAT - Standard tax rate 21% or the increased rate of 27% or reduced rates of 0% and 10.5% or tax exempt. Tax returns are filed on a monthly basis
- Personal income tax - from 5% up to 35%.
Apart from such traditional business entity types as a limited liability company (Sociedad de Responsabilidad Limitada - SRL) and a public limited company (Sociedad Anónima - S.A.), corporate law in Argentina offers to incorporate a company in Argentina as:
1. General partnership (Sociedad Colectiva - S.C.)
2. Limited partnership (Sociedad en Comandita Simple - S. en C.S.)
3. Partnership limited by shares (Sociedad en Comandita por Acciones - S. en C. por A.)
4. Simplified Corporation (Sociedad por Acciones Simplificada - S.A.S)
5. Branch of a foreign company (Sucursal)
To receive a detailed description of the company formation procedure in Argentina and information about documents necessary for company formation in Argentina please contact our experts.
1. General partnership (Sociedad Colectiva - S.C.)
2. Limited partnership (Sociedad en Comandita Simple - S. en C.S.)
3. Partnership limited by shares (Sociedad en Comandita por Acciones - S. en C. por A.)
4. Simplified Corporation (Sociedad por Acciones Simplificada - S.A.S)
5. Branch of a foreign company (Sucursal)
To receive a detailed description of the company formation procedure in Argentina and information about documents necessary for company formation in Argentina please contact our experts.
Send a request for company formation in Argentina
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London, EC1V 2NX
Phone: +44 20 8157 4037
Email: request@pil-services.com
