In this comprehensive guide, we’ll outline the key compliance requirements for foreign corporations operating in Argentina, including corporate registration, tax obligations, labor laws, and reporting requirements. Whether you’re planning to open a branch, set up a subsidiary, or establish a joint venture, understanding these regulations is crucial for a successful business venture in Argentina.

1. Corporate Registration and Legal Structure

Before starting operations in Argentina, foreign corporations must choose an appropriate legal structure and register their entity with local authorities. Argentina offers several options for corporate structures, but the most common choices for foreign businesses include:

• Sociedad Anónima (SA) – Corporation
  This is the most common type of legal entity used by foreign corporations in Argentina. An SA is a joint-stock company, and the shareholders’ liability is limited to their share capital contribution. This structure is often chosen by large businesses due to its flexibility and the ability to issue different classes of shares.
• Sociedad de Responsabilidad Limitada (SRL) – Limited Liability Company
  The SRL is another popular option, especially for small and medium-sized businesses. In an SRL, the liability of each member is limited to their capital contribution. It offers simpler administrative requirements compared to the SA, making it more suitable for smaller operations.
• Branch Office (Sucursal)
  Foreign companies can also choose to establish a branch office in Argentina. A branch is not a separate legal entity, but rather an extension of the parent company. While the branch is subject to local laws and taxation, the parent company remains responsible for its liabilities.

Once the legal structure is chosen, foreign corporations must register with the Public Registry of Commerce (Inspección General de Justicia – IGJ) in Buenos Aires or with the provincial registries if operating outside the capital.

Key steps for corporate registration in Argentina:

• Obtain a unique corporate tax identification number (CUIT) from the Argentine tax authority (AFIP).
• Submit the company’s bylaws, articles of incorporation, and proof of the shareholders’ capital contributions.
• Register with the General Inspectorate of Justice (IGJ) or the equivalent provincial body.
• Appoint a legal representative who is a resident of Argentina.

2. Tax Compliance

Argentina’s tax system is complex, and foreign corporations must navigate various tax obligations to remain compliant. Taxes are managed by the Federal Administration of Public Revenue (Administración Federal de Ingresos Públicos – AFIP), and the key tax requirements for foreign companies include:

• Corporate Income Tax (Impuesto a las Ganancias)
  Foreign corporations operating in Argentina are subject to corporate income tax on profits derived from their Argentine operations. The current corporate tax rate is 35%. It’s essential to note that Argentina follows a worldwide income principle, meaning that both Argentine-sourced and foreign-sourced income may be subject to taxation, depending on the nature of the business entity.
• Value-Added Tax (VAT – Impuesto al Valor Agregado)
  VAT applies to the sale of goods and services within Argentina, with a standard rate of 21%. Certain goods and services, such as pharmaceuticals, have a reduced VAT rate of 10.5%. Businesses must file VAT returns monthly and pay the corresponding amount to AFIP.
• Withholding Taxes
  Argentina imposes withholding taxes on certain payments to foreign entities, including dividends, interest, royalties, and fees for technical assistance. The rates vary depending on the nature of the payment and the existence of any double taxation treaties between Argentina and the country of the foreign corporation. For example, royalties are subject to a withholding tax rate of 21%, while technical assistance may be taxed at 31.5%.
• Transfer Pricing
  Argentina’s transfer pricing regulations require companies to conduct transactions with related parties at arm’s length. This means that the prices charged in these transactions should be the same as if they were conducted between unrelated parties. Companies must submit annual transfer pricing reports to AFIP to demonstrate compliance.
• Gross Revenue Tax (Impuesto sobre los Ingresos Brutos)
  In addition to national taxes, businesses in Argentina may be subject to provincial and municipal taxes. The gross revenue tax is a provincial tax imposed on companies based on their turnover, with rates varying by province and industry. For example, the rate in Buenos Aires can range from 1.5% to 5%.

3. Labor Law Compliance

Foreign corporations operating in Argentina must comply with the country’s labor laws, which are heavily regulated to protect employees’ rights. Key labor compliance requirements include:

• Employment Contracts
  Argentine labor law mandates that all employees must have a formal written employment contract. Contracts can be for an indefinite period, a fixed term, or for temporary employment. Employers must clearly state the terms of employment, including salary, working hours, benefits, and conditions for termination.
• Minimum Wage and Working Hours
  Argentina has a national minimum wage, which is periodically updated by the government. As of 2024, the minimum wage is set at ARS 118,000 per month (approximately USD 460 at the time of writing). The standard workweek is 48 hours, with any additional hours considered overtime, which must be paid at a higher rate.
• Social Security Contributions
  Both employers and employees in Argentina must make contributions to the country’s social security system, which covers pensions, healthcare, unemployment, and workers’ compensation. Employers are required to contribute approximately 23-27% of an employee’s gross salary, while employees contribute 17%. These contributions must be paid monthly to the AFIP.
• Severance Pay
  Argentina has strict labor laws concerning employee termination. If an employee is dismissed without just cause, they are entitled to severance pay, which is calculated based on the employee’s length of service and salary. The severance payment is typically one month’s salary for each year of service.

4. Financial Reporting and Accounting Standards

Foreign corporations in Argentina must comply with specific financial reporting and accounting standards. These regulations ensure transparency and allow for oversight of business activities. Some of the key requirements include:

• Statutory Financial Statements
  Companies operating in Argentina are required to prepare and file annual financial statements in accordance with the Argentine Generally Accepted Accounting Principles (GAAP). These statements must include a balance sheet, income statement, cash flow statement, and accompanying notes.
• External Audit Requirements
  Large companies and corporations, particularly those operating as SAs, are required to have their financial statements audited by an independent external auditor. The audit report must be submitted annually to the Public Registry of Commerce.
• Monthly and Annual Reporting
  In addition to annual financial statements, businesses must file monthly tax returns for VAT, payroll, and income tax with the AFIP. Companies must also submit annual tax returns detailing their income, expenses, and tax obligations for the fiscal year.

5. Foreign Exchange Controls

Argentina has stringent foreign exchange controls, and businesses must comply with these regulations when transferring funds in and out of the country. Foreign companies must navigate these controls to repatriate profits, pay dividends, or settle debts with foreign entities.

Companies wishing to transfer funds abroad must first obtain authorization from the Central Bank of Argentina (Banco Central de la República Argentina – BCRA). The government also imposes restrictions on purchasing foreign currency and may require companies to conduct certain transactions in Argentine pesos.

Operating a foreign corporation in Argentina offers many opportunities, but it also comes with a complex set of compliance requirements. From corporate registration and tax obligations to labor law compliance and financial reporting, understanding the legal and regulatory landscape is crucial for long-term success. By staying compliant with Argentina’s corporate regulations, foreign companies can mitigate risks, avoid penalties, and establish a strong foundation for growth in one of South America’s largest economies.

For businesses looking to enter the Argentine market, partnering with local legal and tax experts is often essential to ensure full compliance with all relevant regulations.

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company incorporation! To make sure you register your company in the right way, you can get in touch with us, and our team of experts is going to make sure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy; our team of corporate experts has vast experience helping companies and individuals register their business in Argentina, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing a hassle-free online company registration experience. Start your company in Argentina today!

Easyco also provides additional services to guarantee your company’s compliance, which include:

• Appointment of legal representation,

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services.

The post Compliance Requirements for Foreign Corporations in Argentina appeared first on Easyco.

In this comprehensive guide, we’ll delve into the key labor laws and employment requirements that new businesses in Argentina must navigate to ensure compliance, protect their interests, and foster a positive work environment for their employees.

Hiring and Onboarding Employees

When hiring in Argentina, there are several important considerations to keep in mind:

1. Employment Contracts: All employees must have a written employment contract that clearly outlines the terms of their employment, including job duties, compensation, and working hours.
2. Minimum Wage: Argentina has a national minimum wage that employers must adhere to, which is typically adjusted periodically to account for inflation.
3. Social Security Contributions: Employers are required to make mandatory social security contributions on behalf of their employees, covering benefits such as retirement, healthcare, and unemployment insurance.
4. Work Permits and Visas: If you plan to hire foreign nationals, ensure that they have the appropriate work permits and visas to legally work in Argentina.

Workplace Regulations and Employee Rights

Argentina’s labor laws also dictate various workplace regulations and employee rights that new businesses must uphold:

1. Working Hours and Overtime: Employees in Argentina are generally limited to a 48-hour work week, with specific requirements for overtime pay and rest periods.
2. Paid Time Off: Argentine labor laws mandate paid vacation time, sick leave, and public holidays, among other leave entitlements.
3. Workplace Safety: Employers must maintain a safe and healthy work environment, including providing appropriate personal protective equipment and following occupational health and safety regulations.
4. Anti-Discrimination Policies: Argentina has strict laws prohibiting discrimination in the workplace based on factors such as race, gender, age, or disability.
5. Termination and Severance: There are specific requirements and procedures for terminating an employee, including providing proper notice and severance pay.

Navigating Collective Bargaining and Labor Unions

In Argentina, many industries and sectors are heavily influenced by labor unions, which play a significant role in collective bargaining and negotiations. New businesses must understand the dynamics of labor unions and how to navigate the collective bargaining process effectively.

Seeking Professional Assistance

Complying with Argentina’s labor laws and employment regulations can be a complex and challenging task, especially for new business owners. Seeking the guidance of experienced legal and HR professionals who specialize in Argentine labor law can be invaluable in ensuring your company’s policies and practices are compliant and aligned with best practices.

These experts can provide personalized advice, help you interpret and apply the relevant laws and regulations, and ensure your business is meeting all of its obligations to your employees. They can also assist with tasks such as drafting employment contracts, managing workplace policies, and navigating any labor disputes or union negotiations.

Navigating the labor laws and employment regulations in Argentina is a crucial aspect of establishing a successful and compliant new business. By understanding the key requirements and best practices, you can ensure your company operates within the legal framework, protects the rights of your employees, and fosters a positive and productive work environment.

Remember, seeking the guidance of experienced professionals can be a game-changer in navigating the complexities of Argentina’s labor landscape. With the right knowledge and support, you can confidently build a thriving business that meets all legal and regulatory requirements while prioritizing the well-being of your workforce.

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company incorporation! To make sure you register your company in the right way, you can get in touch with us, and our team of experts is going to make sure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy; our team of corporate experts has vast experience helping companies and individuals register their business in Argentina, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing a hassle-free online company registration experience. Start your company in Argentina today!

Easyco also provides additional services to guarantee your company’s compliance, which includes:

• Appointment of legal representation,

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Company bank account opening

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services.

The post Navigating Argentina’s Labor Laws and Employment Regulations for Companies appeared first on Easyco.

Understanding the Legal System

Argentina boasts a complex legal system rooted in civil law traditions. It is essential to comprehend the intricacies of this system, which is primarily influenced by the Spanish and Italian legal frameworks. The legal landscape encompasses federal and provincial jurisdictions, adding a layer of complexity that demands a thorough understanding for effective representation.

Choosing the Right Legal Representation

Selecting the appropriate legal representation is a pivotal decision. Law firms in Argentina vary in size, expertise, and specialization. Consideration should be given to a firm’s track record, experience in relevant practice areas, and ability to navigate both local and international legal landscapes.

Importance of Local Expertise

In a jurisdiction as diverse as Argentina, local expertise holds significant value. Legal professionals well-versed in the Argentine legal system, regional regulations, and cultural nuances can provide tailored advice and navigate potential challenges effectively. This local insight ensures a smoother and more efficient legal process.

Compliance and Regulatory Considerations

Compliance is a cornerstone of legal representation. Understanding and adhering to the ever-evolving regulatory landscape in Argentina is imperative. Seasoned legal professionals can guide clients through the intricacies of compliance, minimizing the risk of legal complications and ensuring a robust legal framework for businesses.

Effective Communication

Communication is key in legal matters, and the ability of legal representatives to communicate clearly and efficiently can greatly impact the outcome of legal proceedings. A transparent and collaborative approach fosters a strong attorney-client relationship, enhancing the overall legal experience.

Cost Considerations

Legal representation comes with associated costs, and understanding the fee structures of different law firms is essential. Transparent discussions about legal fees, billing practices, and potential additional costs contribute to a mutually beneficial partnership between clients and legal representatives.

Navigating the legal landscape in Argentina necessitates a strategic and informed approach. Choosing the right legal representation, understanding the local legal system, and prioritizing compliance are critical components of a successful legal strategy. By leveraging local expertise and fostering effective communication, individuals and businesses can navigate legal challenges with confidence in Argentina’s diverse legal environment.

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company incorporation! To make sure you register your company in the right way, you can get in touch with us, and our team of experts is going to make sure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy; our team of corporate experts has vast experience helping companies and individuals register their business in Argentina, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing a hassle-free online company registration experience. Start your company in Argentina today!

Easyco also provides additional services to guarantee your company’s compliance, which include:

• Appointment of legal representation,

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Company bank account opening

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services.

The post Legal Representation in Argentina appeared first on Easyco.

Why Trademark Registration Matters

Establishing Brand Identity

Trademark registration plays a pivotal role in solidifying your brand’s identity. In a market characterized by diverse offerings, having a registered trademark ensures that your business stands out. This exclusivity contributes to enhanced brand recognition and customer trust.

Legal Safeguards

Beyond mere brand recognition, registered trademarks offer robust legal protection. The registration grants you the right to take legal action against any unauthorized use or infringement, safeguarding your brand’s reputation and market share.

Steps for Trademark Registration in Argentina

1. Preliminary Search   b

Before embarking on the formal registration process, it is crucial to conduct a comprehensive preliminary search. This search helps ascertain the uniqueness of your desired trademark, minimizing the risk of conflicts during the application process.

2. Hire a Trademark Attorney

Engaging the services of a qualified trademark attorney in Argentina is a prudent step. Their expertise is invaluable in navigating the intricate legal landscape associated with trademark registration, ensuring that your application adheres to all requirements.

3. Application Submission

The actual application process involves meticulous preparation and submission of the required documents to the National Institute of Industrial Property (INPI) in Argentina. This step also necessitates the payment of applicable fees.

4. Examination and Publication

Post-submission, the INPI conducts a thorough examination of your application to verify its compliance with legal requirements. Upon approval, your trademark is published in the Official Gazette, marking a significant step forward in the registration process.

5. Opposition Period

A critical juncture in the process is the 30-day opposition period, during which third parties can raise objections to your trademark registration. Your attorney assumes a pivotal role in addressing and defending against any opposition that may arise.

6. Registration and Renewal

Upon successfully navigating the preceding steps, your trademark is officially registered. It is essential to stay mindful of the 10-year renewal cycle to ensure continuous and uninterrupted protection.

Do You Need a Registered Company?

While not mandatory, having a registered company can streamline the trademark application process in Argentina. Establishing a legal entity ensures a clear association between the trademark and a specific entity, reducing potential complications in the registration process.

Who Can Apply?

Trademark registration in Argentina is open to both individuals and legal entities, irrespective of their domestic or foreign status. Foreign applicants, however, are required to appoint a local representative to facilitate communication with the INPI.

Benefits of Trademark Registration in Argentina

1. Exclusive Rights

Trademark registration grants exclusive rights to use the trademark in connection with the designated goods or services. This exclusivity is a powerful tool in maintaining the distinctiveness of your brand.

2. Market Credibility

Beyond legal advantages, a registered trademark enhances your business’s credibility. Customers tend to trust and prefer businesses with registered trademarks, perceiving them as more professional and reliable.

3. Asset Value

Registered trademarks are not just protective shields; they are valuable assets. Over time, a registered trademark can be appreciated, contributing to the overall value of your company.

How to Register a Company in Argentina?

1. First, choose the right type of company according to your business needs
2. Check for the company’s name availability with Argentina’s General Inspection of Justice
3. Appoint a Legal Representative
4. Then draft the company’s bylaws
5. Deposit the initial capital
6. Pay the incorporation fees and submit the documentation
7. Publish the company formation notice in the Official Gazette
8. Register your company books
9. Obtain a Tax Identification Number or CUIT
10. Finally, open a corporate bank account

Trademark registration in Argentina is not merely a legal formality but a strategic move to fortify your brand and establish a robust market presence. By following the detailed steps outlined in this guide and understanding the associated benefits, businesses can navigate the registration process with confidence. For personalized and expert guidance, collaborating with a qualified trademark attorney is highly recommended to ensure a seamless and effective registration experience.

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company incorporation! To make sure you register your company in the right way, you can get in touch with us, and our team of experts is going to make sure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy; our team of corporate experts has vast experience helping companies and individuals register their business in Argentina, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing a hassle-free online company registration experience. Start your company in Argentina today!

Easyco also provides additional services to guarantee your company’s compliance, which includes:

• Appointment of legal representation,

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Company bank account opening

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services.

The post How to Register a Trademark in Argentina? appeared first on Easyco.

Why Choose Argentina for Your Business?

Argentina, with its rich tapestry of culture and diverse economy, is a strategic hub for businesses eyeing the Latin American market. But what makes Argentina a magnet for entrepreneurs?

1. Stable Economy: Despite the country’s periodic economic fluctuations, Argentina has made significant strides in stabilizing its economy, attracting international investment.
2. Skilled Workforce: Argentina boasts a highly educated workforce, proficient in accounting and finance, making it easier to find qualified professionals.
3. Growing Market: The Argentine market is ripe for expansion. With a population of more than 45 million, the nation offers ample opportunities for your business to thrive.
4. Foreign Investment-Friendly: Argentina has introduced policies and incentives to encourage foreign investment, which include tax benefits and eased regulations.

The Benefits of Accounting and Tax Outsourcing

Outsourcing accounting and tax services in Argentina yields several compelling benefits, making it a strategic move for your business:

1. Cost Efficiency: Outsourcing can substantially reduce labor and infrastructure costs, allowing businesses to optimize their budgets without compromising quality.
2. Compliance Expertise: Argentina’s tax laws can be intricate. Outsourcing to experts well-versed in local regulations ensures that your business remains compliant, avoiding potential fines and legal issues.
3. Focus on Core Operations: By delegating financial tasks, your company can direct its energy and resources toward core competencies and strategic growth initiatives.
4. Scalability: As your business expands, outsourcing can seamlessly adapt to your evolving needs, ensuring continuity in financial services.

Services That Can Be Outsourced

In Argentina, the array of financial services available for outsourcing is vast and varied, including:

1. Accounting and Bookkeeping: Keep your financial records accurate and well-organized, allowing for better financial analysis and decision-making.
2. Tax Preparation and Compliance: Ensure adherence to tax regulations, timely filing of returns, and optimization of tax liabilities.
3. Payroll Management: Streamline payroll processing and employee benefits management, ensuring your workforce remains satisfied.
4. Financial Reporting: Access comprehensive and timely financial reports, providing insights for informed decision-making and strategic planning.

How to Begin the Outsourcing Process

Initiating the outsourcing process in Argentina can be a smooth journey when you follow these steps:

1. Identify Your Needs: Carefully evaluate which financial functions are best suited for outsourcing, considering the specific requirements of your business.
2. Select a Reputable Provider: Extensive research is essential in choosing a trustworthy outsourcing partner. Look for a provider with a strong track record and deep knowledge of the Argentine market. At Easyco, we can help you!
3. Customize the Service: Collaborate closely with your chosen provider to tailor the outsourced services to match your business’s unique requirements and goals precisely.
4. Monitor and Review: Regularly review the outsourced services to ensure they align with your objectives. Open communication with your outsourcing partner is vital for ongoing success.

In summary, accounting and tax outsourcing in Argentina presents an enticing opportunity for businesses looking to expand into the Latin American market. The country’s economic stability, skilled workforce, growing market, and investment-friendly policies make it an attractive destination. By outsourcing financial functions, companies can enjoy cost savings, regulatory expertise, and the freedom to concentrate on their core operations. With meticulous planning and a reliable outsourcing partner, managing finances in Argentina can be an efficient and rewarding endeavor.

The post Accounting and Tax Outsourcing in Argentina | Benefits appeared first on Easyco.

Types of Corporate Bank Accounts in Argentina

1. Current Account: A current account, also known as a “Cuenta Corriente,” is the most common choice for businesses in Argentina. It allows you to carry out day-to-day financial operations, such as depositing and withdrawing funds, making payments, and issuing checks.
2. Savings Account: A “Caja de Ahorro” or savings account is suitable for businesses looking to set aside funds for future use while earning interest on their balance. However, compared to current accounts, savings accounts may have certain limitations on transaction volume.
3. Time Deposit Account: A “Plazo Fijo” or time deposit account is an option for businesses seeking higher interest rates on a fixed-term investment. This account requires a specific time commitment and is not as flexible as current or savings accounts.

Requirements for Opening a Corporate Bank Account

1. Legal Documentation: Prepare essential legal documents, such as a certificate of incorporation , articles of association, and a valid tax identification number (CUIT) for your business.
2. Proof of Identity: Ensure you have a valid passport or national identity card, along with the identification documents of authorized signatories.
3. Proof of Address: Provide documents to verify your business’s physical address, such as utility bills or lease agreements.
4. Business Plan and Activity Description: Some banks may require a detailed business plan outlining your company’s activities and expected financial transactions.

Most Popular Banks for Corporate Accounts in Argentina

1. Banco de la Nación Argentina: As the largest and most renowned bank in the country, Banco de la Nación Argentina offers a range of corporate banking services and enjoys an extensive branch network.
2. Banco Santander Río: Known for its strong international presence, Banco Santander Río caters to businesses seeking seamless global banking solutions.
3. Banco Galicia: Banco Galicia is a popular choice for businesses looking for personalized services and comprehensive financial solutions.
4. BBVA Argentina: BBVA Argentina is an excellent option for companies looking for innovative digital banking services and a strong global network.

Opening a Corporate Account in USD

Yes, it is possible to open a corporate bank account in USD in Argentina. Many banks offer this option to facilitate international transactions and provide a hedge against currency fluctuations.

Opening a corporate bank account in Argentina is a pivotal step toward tapping into the country’s vibrant market. Choose from various account types, ensuring that you meet the requirements. The most popular banks, such as Banco de la Nación Argentina, Banco Santander Río, Banco Galicia, and BBVA Argentina, offer a wide range of services tailored to businesses of all sizes. Moreover, opening an account in USD is viable, allowing you to conduct seamless international transactions. By adhering to the guidelines and preparing the required documents, you’ll be well on your way to establishing a successful business presence in Argentina.

The post Opening a Corporate Bank Account in Argentina appeared first on Easyco.

Defining the Registered Office Address

A registered office address is the official address of a company or organization registered with the government authorities in Argentina. It is the legal address where the company is incorporated and where important business communications and legal documents are sent. The registered office address must be a physical location within Argentina, and it is the place where the company is deemed to be located for legal and administrative purposes.

Significance and Obligations of a Registered Office Address

The registered office address holds significant importance for businesses operating in Argentina. It serves as the primary point of contact for government authorities, stakeholders, clients, and suppliers. Some key obligations associated with a registered office address include:

1. Legal Compliance: The registered office address must be accurately disclosed in all legal and regulatory filings, including the company’s incorporation documents, tax returns, and financial statements. Failure to comply with these obligations may result in penalties or legal consequences.
2. Communication and Service of Process: The registered office address is where important business communications, such as legal notices, court documents, and official government correspondence, are delivered. It also ensures that the company receives important information promptly and can respond accordingly.
3. Establishing Business Presence: The registered office address is an essential element in establishing a business presence in Argentina. It enhances credibility, trust, and transparency, as it provides a physical location for stakeholders and clients to verify the company’s existence and legitimacy.

Selecting a Registered Office Address

When selecting a registered office address in Argentina, several factors should be considered. These include:

1. Accessibility and Convenience: The registered office address should be easily accessible and convenient for business operations and interactions with stakeholders. It should be a location that aligns with your business activities and facilitates communication.
2. Legal Requirements: Ensure that the selected address meets the legal requirements for a registered office. It should be a physical address within Argentina, and certain restrictions may apply depending on the type of business and local regulations.
3. Additional Services: Some companies may opt to use a registered office service provider that offers additional services, such as mail handling, phone answering, and meeting room facilities. These services can enhance operational efficiency and professionalism.

In conclusion, a registered office address is a foundational element of a business presence in Argentina. Understanding the importance and legal significance of a registered office address is crucial for compliance, effective communication, and building trust with stakeholders. By selecting an appropriate registered office address and fulfilling the associated obligations, businesses can establish a solid foundation for their operations and contribute to their long-term success in Argentina.

How to register a company in Argentina?

1. First, choose the right type of company
2. Check for the company’s name availability with Argentina’s General Inspection of Justice
3. Then, appoint a Legal Representative
4. Draft the company bylaws
5. Deposit the initial company capital at the National Bank of Argentina
6. Pay the incorporation fee and submit your company documents
7. Publish the company formation notice in the Official Gazette
8. Register your company books
9. Obtain a Tax Identification Number or CUIT
10. Finally, open a corporate bank account

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company formation! To make sure you register your company in the right way, you can get in touch with us. Our team of experts will ensure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy. Our corporate experts have vast experience helping companies and individuals register their businesses in Argentina. We have a proven track record of success across all our services. Easyco aims to tackle the complex company formation processes across LATAM.  Start your company in Argentina today!

Furthermore, Easyco also provides additional services to guarantee your company’s compliance. In summary, they include:

• Appointment of legal representation,
• Providing a registered office address
• Handling tax and accounting
• Hassle-free Payroll Services
• Manage your company bank account opening
• Manage your Trademark Registration
• Recruiting and Hiring Talent

The post Understanding the Registered Office Address in Argentina appeared first on Easyco.

Who can apply for a CUIT?

Any legal entity that wishes to conduct business activities in Argentina is required to have a CUIT. This includes both domestic and foreign companies. If you’re a foreign company looking to establish a presence in Argentina, you’ll need to go through a few additional steps before you can obtain a CUIT. This typically involves registering your company with the Argentine Companies’ Register.

What are the requirements for obtaining a CUIT?

In order to obtain a CUIT, you’ll need to provide the following documents:

• A copy of the company’s articles of incorporation
• Proof of the company’s legal status (such as a certificate of good standing)
• Identification documents for the company’s directors and shareholders
• A tax certificate from the company’s country of origin
• A local address in Argentina where the company can be reached

How to apply for a CUIT in Argentina?

Once you have all the necessary documents, you can begin the process of applying for a CUIT. Here are the steps you’ll need to follow:

Step 1: Register your company

Before you can apply for a CUIT, you’ll need to register your company with the Argentine Companies’ Register. This involves submitting the company’s articles of incorporation and other relevant documents. Once your company is registered, you’ll be issued a CUIT pre-number.

Step 2: Obtain a tax certificate from your country of origin

Before you can obtain a CUIT in Argentina, you’ll need to provide a tax certificate from your country of origin. This certificate should confirm that your company is registered and in good standing with the tax authorities in your home country.

Step 3: Obtain a local address in Argentina

In order to obtain a CUIT, you’ll need to provide a local address in Argentina where the company can be reached. This can be the address of a local representative, a lawyer, or an accounting firm that’s helping you with the registration process.

Step 4: Apply for a CUIT

Finally, with all the necessary documents in hand, you can finally apply for a CUIT. This can be done online through the AFIP website, or in person at a local AFIP office. You’ll need to provide all the required documents and pay the application fee. Once your application is processed and approved, you’ll be issued a CUIT.

Obtaining a tax identification number (CUIT) is a critical step for any company looking to do business in Argentina. While the process can be complex, with the right documents and guidance, it’s possible to obtain a CUIT in a relatively short amount of time. If you’re unsure about any aspect of the process, it’s always a good idea to consult with a local lawyer or accountant who can help guide you through the process.

How to register a company in Argentina?

1. Choose the right type of company, that best fits your business needs
2. Check the name’s availability at the General Inspection of Justice
3. Appoint a Legal Representative
4. Draft the company’s bylaws
5. Deposit the initial capital at the National Bank of Argentina
6. Pay the incorporation fee and submit the documentation
7. Publish the formation notice in the Official Gazette
8. Register the company’s books
9. Obtain a Tax ID Number or CUIT
10. Open a corporate bank account

Get Assistance from Easyco Experts!

Argentina is the perfect country for your company formation! To make sure you register your company in the right way, you can get in touch with us. Our team of experts will ensure your business registration process complies with all Argentinian laws.

At Easyco, we make company formation in Argentina easy. Our corporate experts have vast experience helping companies and individuals register their businesses in Argentina. We have a proven track record of success across all our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing an easy online company registration experience. Start your company in Argentina today!

Furthermore, Easyco also provides additional services to guarantee your company’s compliance. In summary, they include:

• Appointment of legal representation,
• Providing a registered office address
• Handling tax and accounting
• Hassle-free Payroll Services
• Manage your company bank account opening
• Manage your Trademark Registration
• Recruiting and Hiring Talent

The post What is the Tax ID in Argentina? appeared first on Easyco.

Learn about the benefits that outsourcing the payroll of your company in Argentina and how Easyco can help you!

Why outsource the payroll of my company in Argentina? What are the benefits? How can it help me grow my business?

Compensations and Work Conditions

These are some of the general guidelines regarding compensation and work conditions in Argentina. However, they’re always evolving and the government is constantly promoting new regulations and laws that guarantee the well-being of employees and the growth of companies so it is important to stay up to date and in constant capacitation.

• As of 2022, the minimum wage in Argentina is 32,616 Argentine Pesos (ARS), or around 229 United States Dollars (USD)

• For one year of work Argentinians are entitled to receive 13 compensations, the last one known as an Annual Bonus or ‘Aguinaldo’, half of it payable in June and the other half in December.

• The average working regime consists of 8 hours a day or 48 hours a week

• When working overtime the employee must receive an additional 50% of the normal pay rate, except on Sundays, Holidays, or Saturdays after 1 pm, on which they must receive 100% of their normal pay.

• The maximum amount of overtime employees are allowed to work is 3 hours a day, 30 hours a month, or 200 hours a year.

Contributions

In Argentina, companies are obligated to contribute to the employee pension funds and the public health administration system. The Social Security Contributions are paid by both the employer and the employee. The employee pays 17% of their gross salary and the employer pays from 24% to 26.4%, depending on the size of the company.

Additionally, the employer has to hire life insurance for its employees in case of death as a consequence of a risky activity during work, as well as health and accident insurance.

Why should you outsource the payroll of your company in Argentina?

Outsourcing processes can be the perfect solution for companies of all types and sizes that are looking to speed up and make them easier. These are some of the benefits of outsourcing the payroll of your company in Argentina:

• Reduced risk of mistakes, government fines, and audits

• Support from a team of local professionals

• Experience in dealing with common problems and finding the best solutions

• Having a dedicated payroll team is more expensive than outsourcing

• Continuous help and support centered on the growth and development of your company both locally and internationally.

Is it the best option for my company?

If you’re looking to free your team of some responsibilities and tasks, as well as to work with a team of experienced professionals then yes, outsourcing the payroll of your company in Argentina is the perfect solution.

At Easyco, our work is focused on the satisfaction of our clients, which means our priority is to fulfill all the needs they have and support them in the growth of their businesses. Our payroll outsourcing services are perfect for all types of companies of different sizes and pursuing various economical activities.

So what are the services included in the payroll?

• Complete calculation of paycheck

• Direct deposit to multiple accounts

• Payroll tax comprehensive service

• Locality processing

• Reporting of employee benefits

• Usage tracking and accrual – Vacation, Holiday, Sick, Personal Time, PTO

• Digital checks in PDF format

• Garnishment of disbursements

• Reports in a standard format and client-developed reports

• Guidance for employee insurance

• Customer support via e-mail or Whatsapp

Get Assistance from Easyco Experts!

Argentina is a great and interesting country if you’re looking to expand to South America to support the growth of your business. It is full of opportunities and developing industries, as well as skilled trained professionals. Our experts can help you register your company in Argentina and assist with the formalities and compliance along the process.

• Appointment of legal representation

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Company bank account opening

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services

The post Payroll Outsourcing Services in Argentina appeared first on Easyco.

One of the most important steps in the company formation process in Argentina is to decide on which of the available company types and legal structures is the right one for your business, helping you fulfill all business needs and giving you the most benefits.

What are the most common types of companies in Argentina? What are the differences and requirements? How to register a company in Argentina?

These are some of the most common types of companies in Argentina and some of the main requirements for their incorporation:

Corporation or ‘Sociedad Anónima’ (S.A.)

Corporations or ‘Sociedades Anónimas’ are the most common type of legal structure in Argentina. The capital of a Corporation is divided into stocks, which can be transferred, sold, or inherited. The minimum capital to form a Corporation is $AR 100,000, which is around US$ 900, but only 25% is required in the beginning. A Corporation can have an unlimited number of partners, but a minimum of 2 are required at the moment of the formation (they can be a natural or legal person).

Simplified Shares Company or ‘Sociedad por Acciones Simplificadas’ (S.A.S.)

A Simplified Shares Company is a type of legal entity that was created in 2017 in order to promote the formalization of businesses. The ‘S.A.S’ is the easiest and fastest type of company to create in Argentina since it only needs 1 shareholder, and the process can be completed online. This type of company is very popular for small businesses since the minimum capital required is only 2 minimum wages. However, only 25% has to be invested when it’s being incorporated.

Limited Liability Company or ‘Sociedad de Responsabilidad Limitada’ (S.R.L.)

A ‘Sociedad de Responsabilidad Limitada’ is the equivalent of an LLC, where the partners have limited liability. In this type of company, the capital is divided into quotas (participation), and the owners are only liable for the amount they own. There is no minimum capital required, but it must be enough to carry out business activities. At the moment of incorporation, the initial paid-in capital must be at least 25% of the final/total capital, and the rest should be credited in the following 2 years.

An SRL requires at least 2 partners or owners, and a maximum of 50. The company also should have one or more General Managers that have a valid residence in Argentina.

Branch Office or ‘Sucursal’

A Branch office is an extension of a company that has headquarters overseas and wants to expand. In order to open a Foreign Branch Company in Argentina, is necessary to provide proof of representation. This means you need to have a legal representative resident in Argentina and have a registered office address. Additionally, it is also important that the nature of the business of the Branch Office is the same as it says in the main company’s Articles of Incorporation.

How to register your company in Argentina?

These are some of the general steps required when looking to register a company in Argentina. It is important to remember that the documentation has to be in Spanish, and duly legalized and apostilled.

1. Choose the right type of company

2. Check if the desired name is available

3. Appoint a Legal Representative

4. Draft the company’s bylaws

5. Deposit the initial capital at the Bank of Argentina

6. Publish the company formation notice in the Official Gazette

7. Register your company’s books

8. Obtain a Tax ID Number or CUIT

9. Open a Corporate Bank Account

Get Assistance from Easyco Experts!

Argentina is a good location to start your business! At Easyco, we make company formation in Argentina easy; our team of corporate experts has vast experience helping companies and individuals register their business in Argentina, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM. We make business registration easy by providing a hassle-free online company registration experience. Start your company in Argentina today!

Easyco also provides additional services to guarantee your company’s compliance, which include:

• Appointment of legal representation,

• Providing a registered office address

• Handling tax and accounting

• Hassle-free Payroll Services

• Manage your Company bank account opening

• Manage your Trademark Registration

• Recruiting and Hiring Talent

• Corporate Legal Services.

The post Most Common Types of Companies in Argentina appeared first on Easyco.