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Argentine Company Incorporation
Registration of Commercial Companies - Complete Procedure
– First, prepare the draft social statute of the SAS, in accordance with the guidelines established in the Commercial Companies Law and the specific needs of doing business in Argentina.
– Second, compile the necessary documentation for the constitution of the SAS, including: ID of the founding partners, established domicile of the company. (Can be 100% Foreigners, no need Argentinos)
– Third, determine social capital and form of integration. Appointment of administrators.
– Fourth, election of the oversight body (if applicable). Need Board. For SAS no necessory. SRL also no need. SA needs Board, director, vice-president, etc. For AFIP need to present if necessary.
– Moreover, process the registration of the SAS in the corresponding Public Registry or IGJ. Obtain the Certificate of Registration in the Public Registry or IGJ.
– Following that, open the company’s bank account. Register the SAS in the AFIP.
– Afterward, request the Unique Tax Identification Code (CUIT).
– And then, Adhere to the corresponding provincial and municipal tax regimes.
– Next, register the SAS in the other corresponding public organizations (for example, Obra Social, ART, etc.).
– Finally, legalize accounting books.
Types of Companies in Argentina
You can set up a business as an SRL, an SA in Argentina, or a SAS. An SRL (similar to an LLC) has capital divided into quotas, with 2 to 50 quota holders and simpler management, making it ideal for small to medium businesses. An SA (similar to a corporation) features share-based capital that can be freely traded, requires a board of directors, and is suited for larger companies and investors for Argentine citizenship by investment. The SAS (Sociedad por Acciones Simplificada) offers the fastest and most flexible company structure.
This is similar to the U.S. corporation and is well-suited for applicants pursuing larger-scale operations.
Capital is divided into shares, which can be sold without requiring the consent of other shareholders. They can divide the stock as they wish. Everything will be reflected in the company’s articles of association. If your home country’s mother company wishes to conduct regular business in Argentina, that is, carry out ongoing commercial activities, it must register a branch or permanent representation. If the company already exists in Argentina, the foreign company doesn’t need to have a branch.
1. Can be either private or public (if the shares are listed on a stock exchange).
2. A minimum of 2 founders is required, with no maximum limit.
3. A board of directors is mandatory, with more complex management requirements.
4. Suitable for large companies and for attracting investors.
Key Difference: The primary distinction lies in the capital structure and regulatory level: an SRL is simpler and has a limited number of participants, while an SA is more flexible but requires strict corporate governance, which is a crucial factor for those building long-term, scalable businesses in Argentina under Argentine investment programs.
Foreign Shareholders must have a local Argentinian social security number, named Identification Key (CDI). You can obtain the CDI with your passport at the ARCA/(AFIP) office that corresponds to your Argentine domestic address. You will only need to fill out a form.
Argentinian Shareholders or Argentinian Resident Shareholders must have CUIT (unique tax identification number).
Tax Compliance:
– Tax Key level 2 or higher (the accountant will take care of this part)
– Adherence to the TAD (Remote Procedure System)
Corporate Documentation:
– Standard Bylaws
– Grant of power of attorney to conduct legal proceedings
Local Argentine Address:
– Registered address in the Autonomous City of Buenos Aires (CABA)
Minimum Share Capital
If you apply for an investor visa, the minimum capital required will be around USD 30,000. We will discuss this further at the end of this article.
Registration of your Argentine company will take around 15 days.
In general terms, without being very detailed, these are the general requirements for registering a branch/representative:
1 – Proof of its existence and incorporation by the laws of the Home Country.
2 – Register the articles of incorporation (bylaws) of the Home Country company, its amendments, and other enabling documentation.
3 – Establish a domicile in Argentina.
4 – Proof of the decision to establish a branch in Argentina and designate the individual who will represent it locally, including their personal information, special domicile, and acceptance of the position.
5 – Submit a projected investment plan (in some cases, especially if you intend to participate in local companies).
6 – Demonstrate that the company is not prohibited or restricted from carrying out its activities in Home Country.
7 – All documentation originating in Home Country must be duly certified by a Notary Public and legalized with the Hague Apostille, and translated by a National Public Translator licensed in Argentina.
1) Two copies of the application form (Form OM1228 E) with a certified signature before a notary public.
2) CUIT.
3) Copy of the corresponding identity document (DNI, passport, electoral book, or other official documents).
4) In the case of companies, the enabling documentation of the IPJ or the DPJ of each province must be presented.
5) Copy of the CUIT.
6) Business authorization (if applicable).
7) Two proofs of address.
8) Proof of financial solvency or a signed guarantee.
9) No judicial inhibitions.
10) Annually, they must present the financial statements and report any change in the corporate structure.
The requirements for the Company Capital, by law, have not been updated, and therefore, there would be no established limit. We suggest an average of at least USD 30,000. In this particular case, it is only a suggestion from our team.
If you establish a Simplified Stock Company (SAS) and list yourself as an employee, you can meet the residency requirements while also managing your business. This approach allows you to work legally in Argentina while benefiting from the startup business you’ve created in Argentina.
This approach is fully compatible with the Argentine work permit pathway and may also support future eligibility for Argentine citizenship after two years. When setting up a Simplified Stock Company (SAS) in Argentina as a foreign owner, you’ll need to budget for labor costs and taxes. For example, if each employee’s salary is $600 USD per month, you’ll need to pay an additional $350 USD in taxes per employee. Employee taxes in Argentina are indeed expensive. If you hire five people, you’ll be paying $1,750 USD in employee taxes.
Historically, Argentina has exported raw materials, especially argicultural products. Foreign countries buy meat, green mung, corn, barley, soybean pellets, dairy products, peanuts, chickpeas, paper, household appliances, and steel from us. They also buy processed foods from these grains and cereals. The infrastructure is available, and the know-how is excellent. Another industry that is growing in Argentina is the knowledge industry, especially software development.
1) The “Exporta Simple” program has significantly simplified the export process in Argentina, especially for entrepreneurs and small and medium-sized enterprises (SMEs). To register on this platform, you only need to have a CUIT and an ARCA/AFIP level 3 tax code. It is not necessary to submit extensive documentation or register in the Registry of Importers and Exporters. This program has limitations regarding annual billing amount, price, and size of items.
2) The process of registering as an exporter begins with the Registry of Exporters and Importers before the General Directorate of Customs. With the registration number, you can operate as an exporter at any Argentine customs office. Generally, they will assign a customs office corresponding to your area of residence.
| Company | Products | Packaging | Website |
|---|---|---|---|
| OLIGRA SUDAMERICANA S.A. |
Soybean Oil, Sunflower Oil, Vegetable Oil Blends
Olive oil and customized vegetable oil solutions for export markets.
Show more
|
PET bottles, Bulk (Flexitank), Private Label | Visit |
| ACEITERA GENERAL DEHEZA S.A. (AGD) | Refined Sunflower Oil | Bulk / Industrial supply | Visit |
| CAASA |
Soybean Oil, Sunflower Oil, Vegetable Oils
Export-oriented vegetable oil products with industrial and private label solutions.
Show more
|
Bulk (ISO tanks, tanker trucks), Private Label | Visit |
| Impex Argentina | Sunflower Oil | 1L, 5L bottles, Flexitank | Visit |
| Danka Food Trader |
Olive Oil, Sunflower Oil, Vegetable Fats
Bulk and packaged food-grade oil products for international distribution.
Show more
|
Bulk & Packaged | Visit |
| T91 Group |
Sunflower Oil, Soybean Oil, Canola Oil
Olive oil and vegetable oils in bulk and packaged formats.
Show more
|
Bulk & Packaged | Visit |
1. Information collection for Business In Argentina:
– To begin with, obtain and review purchase and sale invoices and other receipts that support the operations carried out by the company during the month.
– Additionally, collect information about the company’s income and expenses, including salaries, rent, utilities, etc.
– Ensure the correct classification of expenses in the categories established by the AFIP. Obtain information about withholdings and payments made during the month.
2. Tax calculation:
– Calculate the debit and credit Value Added Tax (VAT), applying the rates corresponding to each type of operation.
– Compute Internal Taxes, such as the Tax on Liquid and Gaseous Fuels, the Automobile Tax, and the Tax on Alcoholic Beverages, if applicable.
– Determine provincial and municipal taxes.
3. Preparation of Sworn Statements:
– Complete and present VAT, Internal Taxes, and provincial taxes declarations, using the AFIP forms and web systems.
– Verify the correct information and consistency of the declared data.
– Pay taxes and contributions through the means enabled by the AFIP and the corresponding treasury applications.
4. Advice and Compliance with Obligations:
– Advise the company on its tax obligations and tax developments that may affect its activity.
– Keep the company’s tax information updated in the AFIP. File tax documentation and sworn statements submitted.
5. Other tasks For Business In Argentina:
– Perform bank reconciliations.
– Prepare financial reports for management.
For more information on how to register a company in Argentina, refer to this page.
Argentina's Corporate Income Tax Rates
Regarding corporate income tax, the rate in Argentina varies depending on your earnings, ranging from 0% to 30% to 35%. If your income is less than $25,000 USD, you won’t pay income tax. If it’s between $25,000 and $250,000 USD, the tax rate is 30%. For income exceeding $250,000 USD, the tax rate increases to 35%.
Additionally, you’ll need to account for a tax on gross receipts and IVA, which is similar to a sales tax. Proper financial planning is crucial to ensure your company remains compliant and profitable.
Monotributo vs. Corporate Entities (SA, SRL, SAS)
Monotributo is Argentina’s simplified tax system for freelancers and small business owners. It combines income tax, VAT, and social security into one fixed monthly payment. However, it does not protect your personal assets, and there are limits on how much you can earn.
In contrast, formal company structures such as an SRL, SA, or SAS are different. They create a separate legal entity, which generally protects your personal assets from business debts and liabilities. An SRL is suitable for small and medium-sized businesses with several partners. An SA is more suitable for larger businesses that need more capital and a formal board structure. An SAS is often a good option for startups because it offers more flexibility and can be established with a single shareholder and lower capital requirements.
Firstly, preparation of the required documentation. Data validation.
Then, proceed with address certification
Following this, selection of the correct category before AFIP and the Tax office of the selected jurisdiction
Consequently, tax registration in AFIP. Single Tax Registry. Tax registration in the province or CABA Obtaining the SME Certificate
Furthermore, bank key certification
Lastly, advice on tax obligations.
Step-by-Step Guide to Registering for Monotributo in Buenos Aires, Argentina
Argentina Residency By Company Incorporation
Company formation in Argentina not only provides applicants with the opportunity to enjoy the richness of Argentine culture but also, reciprocally, substantially boosts the country’s economy. You can become an active player in job creation, fostering the development of local services and production. For example, Argentina is currently one of the top countries in IT startups (Unicorns). By being committed to doing business in Argentina, you will significantly contribute to tax payments, strengthening fiscal resources, and supporting the provision of public services. This active involvement in the Argentinian economy not only paves the way towards Argentine citizenship but may also facilitate flexibility in terms of entry and exit for the applicants and flexible travel to Argentina, allowing seamless integration into the Argentine community while maintaining international connections. Thus, it solidifies a mutually beneficial relationship for both you and the nation. This pathway may also benefit individuals who frequently require a business visa or entry authorization to Argentina, as it creates a smoother and more permanent legal status.
