Argentina Company Register: A Step-by-Step Guide to Registering Your Company 

• Argentina has become a hotspot for foreign investment and more and more companies are looking into the process of Argentina company registration. The country is famous for its abundant supply of natural resources and rich cultural heritage that is gaining the attention of foreign investors. Known for its strategic geographical location and rapidly developing economy, Argentina presents a unique opportunity for companies wanting to expand their business. However, it is difficult for companies to navigate the process of Argentina company registration due to the complex legal framework. In this article, we will explore a step-by-step guide to registering a company in Argentina.  

Why Should You Start Your Business in Argentina? 

• Opting for Argentina company registration can provide significant benefits to a business. These are: 

Natural resources 

• Argentina has a significant amount of natural resources consisting of fertile land for agricultural activities, oil, lithium, gas, and even minerals. This abundance of resources supports multiple industries such as food production, renewable energy, and mining.  

Diverse economy  

• The Argentine economy is known for its diversity and presents opportunities in various sectors such as technology, manufacturing, agribusiness, mining, and energy. This diversification of industries enables entrepreneurs to explore multiple industries. Due to the diversified economy, Argentina also provides a high quality of life in terms of education, environment, and healthcare.  

Geographical location  

• Argentina is located in the southern cone of South America which provides access to other markets of the region. The country is also a part of the MERCOSUR trade agreement that provides favored trade agreements with neighboring countries such as Brazil and Uruguay leading to better export opportunities.  

Large domestic market  

• Argentina has a population of more than 45 million, which creates a substantial domestic market for multiple products and services. This huge customer base is beneficial for companies wanting to scale their business operations rapidly and solve multiple problems of customers.  

Government initiatives 

• The Argentine government has started multiple initiatives that are focused on attracting foreign investment into the country. Organizations such as Agencia Argentina de Inversiones y Comercio Internacional provide help to foreign entrepreneurs while tax incentives are also available for investments in the strategic sectors.  

Business Entities Available for Argentina Company Registration  

• Business entities in Argentina cater to different needs and preferences, enabling business owners to select a business structure that is best aligned with their business objectives and operations. The Simplified Shares Company (S.A.S) is known for its flexibility and speed of formation which makes it a suitable option for any new businesses entering Argentina. Apart from S.A.S. some of the common types of business entities available for Argentina company registration are: 

Sociedad Anónima (S.A.)  

• It is similar to a corporation in the U.S. and requires at least two shareholders who can either be a foreigner or local. The minimum capital requirement for S.A. is AR$100,000. In this type of structure, annual shareholders’ meetings should be held in order to evaluate financial situations.  

Sociedad por Acciones Simplificadas (S.A.S.) 

• This type of structure is similar to a Simplified Shares Company based in the U.S. This business requires only a single shareholder and has a very low capital requirement. The company’s formation is approved within 24 hours which makes it a suitable option for new businesses. S.A.S. is created to simplify the establishment procedure and reduce any bureaucratic hurdles.  

Sociedad de Responsabilidad Limitada (S.R.L.) 

• This structure is similar to a limited liability company and requires a minimum of 2 partners. The maximum number of partners is 50. In S.R.L. the minimum capital requirement is based on the type of business activity, divided into stocks. The company should be administered by a manager who is a resident of Argentina, and regular annual meetings should be held to evaluate financial statements.  

Sucursal 

• It is also known as a branch office. An international company can open a branch office in Argentina. In Argentina, branches are taxed under the same roles as the local businesses and are required to adhere to the local rules and regulations.  

Step-by-step Guide to Argentina Company Registration  

• In order to register a company in Argentina, businesses should follow a series of steps in order to comply with the local regulations and laws. Here’s a guide to help businesses through the process of Argentina company registration: 

Select a business structure 

• Based on the type of business activity select an appropriate legal structure for your business like S.A., S.A.S., or S.R.L. Each structure is unique in its way and has different requirements for taxes and liabilities.  

Reserve a name  

• Select 5-6 business names and check their availability through the Public Registry of Commerce also known as Inspección General de Justicia. To reserve a company name you will have to file out an application online and then pay the required fee.  

Legal representative  

• During the registration process, you need to appoint a legal representative to act on behalf of your company. This individual should be a resident of Argentina and can easily handle administrative tasks.  

Draft and note company bylaws 

• Create the bylaws of the company which provide the purpose of the business, capital distribution, and organizational structures. These documents should be drafted in Spanish and must be notarized by the Argentine notary public.  

Deposit initial capital  

• After drafting the company’s bylaws deposit at least 25% of the initial share capital in a bank account at the Bank of Argentine Nation. This deposited amount will act as proof of your financial commitments and is needed before going ahead with the registration.  

Register with Inspección General de Justicia 

• It is now time to submit the notarized bylaws, receipt of the initial capital deposit, proof of the company name reservation, and other required documents with the Public Registry of Commer for approval. This will register your company in Argentina.  

Get a tax identification number  

• After registering the company with IGJ, you need to apply for a Clave Única de Identificación Tributaria which is a unique tax identification code from the Federal Administration of Public Revenue (AFIP). This number is necessary for taxation purposes.  

Register for social security 

• Now register your company with the Argentine Social Security System as well as the labor authorities through the AFIP to ensure compliance with the employment rules and regulations.  

Corporate bank account  

• After all the above steps are done it is now time to create a corporate bank account in Argentina using the registration certificate, identification documents of a legal representative, and tax identification number.  

Conclusion  

• For companies wanting to establish their presence in one of the most famous markets of South America, it is necessary to go for the Argentina Company Registration process. By following the steps provided in this guide, you can successfully register a company in Argentina. If you need assistance navigating the process of Argentina Company Registration, contact Tetra Consultants and our experts team will assist you at every step of the way.  

• Contact us and our team will get back to you within 24 hours.