Complete guide · updated July 2026

Setting up a company in Argentina

A working guide for foreign investors and international groups: which entity fits, how to register a company you already own abroad, what it really costs, how long it really takes — and how the structure connects to banking, foreign exchange and residency.

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Incorporating in Argentina may be the first step of an investment project, a cross-border trading operation, the regional expansion of a foreign group, or a personal plan to settle in the country. For a foreign investor it is not a standalone filing: the structure you choose decides how money enters and leaves, how the business is taxed, whether a bank will open an account, how exposed the parent company is, and whether the investment can later support a residency application.

⚠ Regulatory update — May 2026On 27 May 2026 the new IGJ General Resolution 4/2026 came into force. It consolidated the requirements for foreign companies into a single article, unified the common base for Sections 118 and 123 of the Companies Act, admitted foreign digital documentation and repealed twenty-nine articles of the previous regime. Registration is now faster — but the substantive rules on beneficial ownership, exposure of the parent company and Section 124 are unchanged. See what changed →
Start here

Two different objectives

Before choosing an entity, decide which of these you are actually doing. The two paths look similar on paper and diverge completely in practice.

Two routes

Entering the Argentine market

1. Incorporate an Argentine company

You create a local legal entity — typically an SAS, SRL, SA or single-shareholder SAU — with its own assets, tax ID (CUIT), accounting and obligations. Depending on the type, shareholder liability is limited to the capital committed, without prejudice to personal liability arising from guarantees, fraud, abuse of the corporate form or irregular management.

2. Register your existing foreign company

  • Section 118 — to establish a branch, seat, agency or permanent representation and carry out habitual activity within the corporate purpose.
  • Section 123 — to allow the foreign company to incorporate or hold an interest in an Argentine company.
Isolated acts, and their limitA foreign company may perform isolated acts and appear in court without registering. Once activity becomes repeated, organised or habitual, Section 118 registration should be assessed. And where a foreign company's seat or principal object is in Argentina, Section 124 treats it as a local company — the offshore structure stops doing what its owner expects.
At a glance

The four entity types

 SASSRLSA / SAU
ShareholdersOne or more2 to 50Two or more (SA); one (SAU)
Minimum capital2 × statutory minimum wageNone by law; must suit the businessARS 30,000,000
Cash on incorporation25% of cash capital25% of cash capitalARS 7,500,000 (SA); 100% (SAU)
Capital represented bySharesQuotasShares
ManagementOne or more administratorsOne or more managersBoard + director guarantee
Typical useServices, technology, simple subsidiariesClosely held companies, joint venturesInstitutional, regulated or large-scale projects

Figures current at 22 July 2026. The SAS minimum tracks the statutory minimum wage and changes with it. Statutory minimum capital is not the same as commercially adequate capital, and it is not what a bank will look at. Full comparison, with the numbers that actually decide it →

For US and UK investors

What your structure maps to

Home structureClosest Argentine entityKey difference
LLC (US)SAS or SRLNo pass-through election in Argentina; the entity is taxed in its own right
C-Corporation (US)SAArgentine SA requires ARS 30,000,000 minimum capital
Ltd (UK)SRLQuota transfers require an instrument and registration, not a share-register entry
Delaware / Wyoming holdingRegisters under Section 123, then holds the Argentine entityRegistration is a precondition for the Argentine entity's own filings

There is also no automatic recognition of foreign corporate documents. Certificates of good standing, bye-laws and board resolutions all require apostille and translation by a sworn translator registered in Argentina.

Sequence

The investor's path

  1. Diagnosis — project, funds, tax residence, immigration objective.
  2. Structure — entity type, or registration of the existing foreign company.
  3. Tax identification — for non-resident shareholders and for the company.
  4. Incorporation and registration — before the IGJ or the competent provincial registry.
  5. Inbound investment — settlement and registration of the funds, a precondition for later repatriating dividends and capital through the official market.
  6. Go-live — bank account, tax registrations, contracts, staff.
  7. Residency — where the project has real activity, the structure can support an application for the investor and family.
On residencyImmigration categories, requirements and timelines are covered in our dedicated section. Incorporating a company does not grant residency by itself. Argentine residency guide →
Planning

Timelines: registry versus reality

StageReference
Incorporating an Argentine company (documents ready)≈ 15 business days
Expedited SA or SRL filing, no observations5 business days
Foreign company registration (Sections 118 / 123)≈ 30 business days
Full process with foreign documentation8 to 14 weeks
Bank account openingVariable and separate

The gap between 15 days and 14 weeks sits before the filing: obtaining tax IDs for non-resident shareholders, executing powers of attorney abroad, apostilles, sworn translation and documenting the ownership chain up to the controlling individual.

Budget

Four cost groups that should never be blended

  • Share capital — an asset of the company, not a fee and not a tax.
  • Official fees — IGJ or provincial registry, Official Gazette, intervening bodies.
  • Third-party costs — notaries, certifications, apostilles, sworn translation, registered office, accounting, and in an SA the director guarantee.
  • Professional fees — diagnosis, structuring, international documentation, filing and coordination.
Reference feeFull incorporation of an Argentine company for a foreign investor is quoted from USD 3,500, excluding share capital, official fees, translations, apostilles, registered office, accounting, banking costs and sector authorisations. Structures with several investors, unequal contributions, a shareholders' agreement or multi-jurisdictional documentation are quoted above that floor. Section 118 and 123 registrations are quoted individually, with volume arrangements for groups registering several entities.

We do not compete in the low-cost automated incorporation segment aimed at local residents. Our work is for foreign investors and companies that need predictability, cross-border coordination and consistency between the company, the investment, the operation and immigration status.

Be realistic

What incorporation does not guarantee

  • Approval of a residency application.
  • A bank account — approval depends on each bank's own compliance policy.
  • Any substitute for proving the lawful source of funds.
  • Access to the FX market to repatriate profits, which depends on how the inbound investment was registered.
  • Exemption from tax, employment, customs or regulatory obligations.
  • Automatic authorisation for licensed activities.
  • Protection against personal liability for fraud, guarantees, breach or irregular management.
Working with us

How we work

  • Feasibility diagnosis — project, activity, tax residence of the investors, source of funds, banking needs and immigration objectives.
  • Structure design — SAS, SRL, SA, SAU, a Section 118 branch or a Section 123 shareholding; assessment of Section 124 and of special regimes such as the RIGI.
  • International document plan — powers of attorney, corporate resolutions, certificates of good standing, apostilles, legalisations and sworn translation.
  • Bye-laws and private agreements — constitutive instrument and, where appropriate, a shareholders' or joint-venture agreement.
  • Registry filing — before the IGJ or the provincial registry, answering observations through to registration.
  • Tax identification — CUIT for non-resident shareholders, company CUIT and tax relations administrator before ARCA.
  • Inbound investment — banking and FX coordination of the contribution and its registration.
  • Go-live — accounting, contractual, employment, customs and regulatory.
Quick answers

Frequently asked questions

Do I need an Argentine partner?

No, as a general rule. Foreigners may be shareholders without restriction by nationality. What must be respected is the minimum number of members for each entity type and the domicile rules applying to its administrators.

Can I incorporate from abroad without travelling?

Yes, through a power of attorney executed before a notary in your country, apostilled and translated in Argentina. Later stages, particularly banking, may require personal attendance.

How much capital should I actually put in?

The statutory minimum is rarely the commercially adequate figure. Banks, counterparties and public bodies assess the relationship between capital, corporate object and the operation projected. Nominal capital creates friction later, including in an investment-based residency application.

Should I open a branch or a subsidiary?

A branch lets the parent act directly but may expose its assets. A subsidiary provides greater legal separation. The choice requires tax, asset-protection, regulatory and operational analysis rather than a default answer.

Can I take profits out of Argentina?

It depends on whether the inbound investment was settled and registered correctly. This is a design decision taken alongside the corporate structure, not a formality dealt with afterwards.

Does an Argentine company give me residency?

Not automatically. It can support an application where there is a real investment, verifiable activity and consistent documentation. The immigration criteria are covered in our residency guide.

AF
Aníbal Falivene
Attorney · CPACF Volume 71, Folio 132 · Buenos Aires

25+ years in Argentine public and private law. Foreign investment structuring, corporate law, residency and citizenship, with direct service in English, Spanish, Portuguese and Chinese.

Updated 22 July 2026. Figures shown are current at that date; the SAS minimum capital changes with the statutory minimum wage. This page is general information, not personalized legal advice. Corporate, tax, foreign-exchange and immigration rules change, and every file is decided on its own merits. We recommend a consultation before incorporating or preparing documents abroad.

Get in touch

Structuring an investment in Argentina?

Tell us the activity, where the money comes from, who the investors are and whether anyone intends to relocate. We will map the right structure, the documents your home jurisdiction has to produce, and the realistic timeline. We act under power of attorney, so you do not have to travel. Confidential first reply, typically within one business day.

Buenos Aires offices — Sarmiento & 25 de Mayo (Financial District) · Av. Córdoba & Talcahuano (Judicial District) · Av. Libertador & Olazábal (China Town). English · Spanish · Portuguese · Chinese.