Reasons to Start Investing in Argentina
- Argentina has big amounts of gas, oil and mineral resources.
- It has a large variety of natural resources, including lands suitable for livestock and crops. It also has fisheries.
- Argentina has strong strategic and economic ties with the neighboring countries.
- Argentina is a member of the International Centre for Settlement of Investment Disputes (ICSID).
Also read: A Simplified Definition of Commercial Law
Procedures for Establishing a Company in Argentina
- Choosing a company name and reserving it.
- Certifying the signatures of the partners.
- Obtaining the money transfer document from the notary.
- Publishing the notice of incorporation in the official gazette.
- Paying the incorporation fees.
- Registering the company in the general register of trade.
- Obtaining a financial number and municipality number for the company’s legal representatives.
- Registering for VAT with the Tax Authority.
- Completing the tax procedures.
- Registering with the Business Risks Foundation when bringing employees to the company.
- Obtaining a digital signature for the legal representatives.
- Obtaining the statutory leave for employees from the Ministry of Labor via the Internet.
Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment
Types of Companies in Argentina
- One-person company.
- Public Limited Company.
- Limited Liability Company.
- Joint Stock Company.
- Limited Partnership.
Also read: The Most Important Branches of Commercial Law