3 Top Golfing Havens
For many golfers, owning a home on a golf course or near to their pick of courses is the ultimate...
Read more
FREE REPORT: BEST PLACES TO RETIRE
- Countries
Top Destinations:
Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.Best For:
- Store
Unlock The World
Overseas Havens Reports
Conference Kits
Lahardan Books
Your passport to a life well-lived abroadSubscriptions
Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com
- Countries
Top Destinations:
Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.Best For:
- Store
Unlock The World
Overseas Havens Reports
Conference Kits
Lahardan Books
Your passport to a life well-lived abroadSubscriptions
Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com
Start A Business In Argentina
How To Start A Business In Argentina
To start a business in Argentina, the country is set up to be welcoming to foreigners—though the amount of paperwork to do so can seem overwhelming. (That is required, however, of local citizens just as well.)
Many foreign business owners consider the paperwork and accompanying headaches worth it to owning a business in Argentina, though, mostly because it is rife with opportunity and local talent.
The benefits to incorporating in Argentina obviously are the ability to conduct business freely and openly in the local market.
Argentina is currently in a more protectionist phase where it is looking to promote local industry and rely less on imports. Also, it is even more crucial for corporations looking to do work in Argentina to have a local incorporated presence.
One major frustration many business owners who are used to working in foreign countries relates to corruption. In short, corruption is well embedded in the Argentine culture, in both small and big ways.
Start Your New Life Today, Overseas
A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In
Corners sometimes are cut with processes and paperwork. In extreme cases, many people own and operate flourishing business en negro (in black) and not officially on the books.
To a scrupulous and careful business owner who follows all of the many steps required to get a business off the ground, this can be maddening.
We recommend to enlist the help of consultants and companies with on-the-ground expertise when considering incorporating in Argentina.
It is a legally complex country with laws regularly changing and being added, especially during an unstable economic time.
Foreigners, particularly those landing from places like Europe and the United States, are often pleasantly surprised by how far their money can take them in Argentina.
Click here for currency conversion at today’s exchange rate.
Steps To Start A Business In Argentina
| Procedures For Starting A Business in Argentina | Estimated Completion Time | Associated Fees And Costs |
|---|---|---|
| The name of the company is verified by the Office of Corporations (Inspección General de Justicia) (IGJ) | 1 day | ARS 210 |
| Certify signatures of partners by a notary public | 1 day | Approximately ARS 1,000 to ARS 1,500 (cost of 5 notarized signatures) |
| Deposit initial capital in National Bank (Banco de la Nación Argentina) and obtain proof of payment | 1 day | ARS 45 (VAT excluded) |
| Publish the new company’s notice in the official paper (Boletín Oficial) | 2 days on average | approximately ARS 2,500 (expedited publication fee) + ARS 100 (legalization of signature) |
| Payment of the incorporation fee | 1 day | ARS 100 |
| Registration with the Public Register of Commerce of the City of Buenos Aires | 5 days on average (expedited procedure) | ARS 3,360 for expedited procedure |
| Buy special books | 1 day | fees included in procedure 8 |
| Get a form from the Public Notaries College and have a notary public submit the company books for rubrication by the General Inspection of Justice (IGJ) | 5 days (urgent filling) | ARS 3,018 |
| Corporate manager needs to obtain a Fiscal Code (Clave Fiscal) | 1 day | no charge |
| Obtain a tax identification number (CUIT) from the National Tax Office (Administración Federal de Ingresos Públicos, AFIP) and register for social security | 4 days | no charge |
| Register turnover tax at local level at the Administración General de Ingresos Públicos (AGIP) in the City of Buenos Aires | Less than one day (online procedure) | no charge |
| Register with the Sistema Unico de Seguridad Social (SUSS) | Less than one day (online procedure) | no charge |
| Contract an insurance for employees with a risk labor company (ART, Aseguradora de Riesgos del Trabajo) | 1 day | no charge |
| Rubricate books of wages in the Dirección General de Empleo (Ministry of Labor) | 1 day | ARS 5 per page (an average of 20-25 pages) |
Argentina FAQs
What Is Argentina Known For?
Argentina is known for the fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium, arable land. Also, soccer is a massive source of pride for Argentinians.
More Resources From Argentina
PLACES
ECONOMY
OTHER RESOURCES
Popular Articles
Why Retire To Buenos Aires, Argentina
Retire To The World's Most Passionate City "Buenos Aires is one of the world's most beguiling places, best known worldwide...
Read more3 Top Golfing Havens
For many golfers, owning a home on a golf course or near to their pick of courses is the ultimate...
Read moreArgentina Articles
What You Need To Know About Gun Laws In Central And South America
Gun laws vary in every country. It is important to understand that gun ownership is a privilege, not a right. Gun laws are strictly enforced, and draconian measures apply for anyone found with an unlicensed gun or ammunition. You can apply for a gun permit as a legal resident in Panama, Belize, Nicaragua, and Ecuador. You’ll be limited in each case as to the number of guns you can own and also restricted as to the types of weapons you can keep, but...
Read more
Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.
RETIRE OVERSEAS AND LIVE LIKE ROYALTY
