For non-resident shareholders · updated July 2026

Running an Argentine company from abroad

You can own and operate an Argentine company without living in Argentina. What that actually requires: a tax identification obtained through a local representative, a power of attorney that works first time, a banking plan — and the inbound investment registered properly, so the money can come back out.

HomeServicesOperating From Abroad

Yes, it can be done. A foreign national may hold shares in an Argentine company without relocating, and there is no requirement to bring in an Argentine partner. What is required: tax identification, a structure that satisfies director domicile rules, and a plan for the three stages that most often surprise foreign investors — the tax ID, the bank, and the registered inbound investment.

First obstacle

Tax identification for non-residents

An individual resident abroad obtains an Argentine tax identification through a representative or authorised third party domiciled in Argentina, who may also act as tax relations administrator before ARCA. Depending on the case, this will be a CUIT or an identification key, with different requirements and scope.

Decide this at the outsetIncorporations routinely stall because the shareholders have no tax identification at the moment the notary or the registry asks for one. It is the single most common avoidable delay in the whole process.

Once registered, the company obtains its own CUIT and must appoint and maintain a tax relations administrator. Without an active appointment it cannot invoice, file returns or complete registrations.

Presence

Domicile rules and the local director

Argentine nationality is not required to manage a company. Domicile is what matters.

  • SAS — at least one administrator with actual domicile in Argentina.
  • SA — an absolute majority of directors with actual domicile in Argentina.
  • SRL — management organised consistently with the law, registry practice and actual operations.
  • Registered foreign companies — a representative with a special domicile in Argentina.
Not a decorative roleThe local director or representative assumes corporate, tax and employment obligations and, depending on the activity, anti-money-laundering and regulatory compliance responsibilities. Appointing someone unable to genuinely exercise the office transfers the risk; it does not remove it — and it is the arrangement most likely to fail under scrutiny.
Remote execution

Powers of attorney executed abroad

Incorporation can be handled entirely remotely through a special power of attorney executed before a notary in the country of origin, apostilled — or consularly legalised where the Hague Convention does not apply — and translated by a sworn translator registered in Argentina.

  • The power must list sufficient and specific authorities: to incorporate, subscribe and pay in capital, accept office, obtain tax identification and open accounts.
  • Personal details must match the passport exactly, and match what will appear in the bye-laws.
  • The draft should be reviewed before signature, because correcting an apostilled power means repeating the entire circuit — notary, apostille, courier, translation.

Documents typically required from the investor

  • Valid passport.
  • Proof of address and of tax residence.
  • Argentine tax identification, obtained through a representative.
  • Beneficial ownership and politically-exposed-person declarations.
  • Powers of attorney for incorporation, filing and tax matters.
  • Source of funds documentation, where required by notaries, banks, registries or other obliged entities.
Plan it separately

The bank account is its own stage

With the company registered and the CUIT obtained, an account can be requested. Approval depends on each bank's policy: risk profile, activity, nationality and residence of the shareholders, beneficial ownership and source of funds. Banks commonly require contracts, invoices, a business plan, proof of income, parent company financial statements, tax returns, ownership chain documentation and personal attendance by directors or beneficial owners.

Outside anyone's controlThe banking timeline is independent of the registry timeline and is not within the control of counsel or of the client. Plan it as an autonomous stage, and open the conversation with more than one institution in parallel.
The decision that pays for itself

Inbound investment and profit repatriation

This is the point that most affects the economics of the deal, and the one most often addressed too late.

Funds entering from abroad as a direct investment must be channelled and registered correctly so that the company and its shareholders can later access the foreign exchange market to remit dividends or repatriate capital. Contributions made informally, or without documentation evidencing the capital contribution and its settlement, can leave the investment without traceability and compromise the exit of funds. Periodic reporting regimes on external assets and liabilities also apply to companies with foreign shareholding.

Practical consequenceHow and through which channel capital enters must be decided alongside the corporate design, not after registration. Reconstructing the inbound circuit retroactively is rarely possible. Argentina's FX regime also changes: conditions of access must be verified as at the date of each transaction.
Budget for these

Recurring costs worth anticipating

  • Personal Assets Tax on shareholdings — the company acts as substitute taxpayer for the tax attributable to foreign shareholders. An annual cost of the structure, not of the shareholder, and usually missing from initial projections.
  • Accounting services and periodic filings — books, minutes, financial statements, tax returns and e-invoicing.
  • Registered seat — proof and maintenance of the registered domicile.
  • Director guarantee, in an SA.
  • Reporting regimes — beneficial ownership, and external assets and liabilities.
After registration

The company does not run itself

National and local tax registrations; tax relations administrator before ARCA; corporate and accounting books; meetings, minutes and annual approval of financial statements; registry filings and beneficial ownership declarations; e-invoicing and tax returns; employer, workers' compensation and social security registration if there is staff; customs registrations and sector permits for import or export; and keeping officers, seat, capital, shareholdings and powers of attorney up to date.

Why it mattersIncorporation does not end when the CUIT is issued. A company that stops filing accumulates observations, banking difficulties and obstacles to registering later acts or evidencing good standing to a counterparty in a transaction.
If plans change

If you also intend to settle in Argentina

The company may form part of a residency strategy for the investor, the family group or relocating executives. It does not grant residency on its own: the immigration authority assesses the economic reality of the project, the source and traceability of funds, and the consistency of the structure with the application.

One point to resolve early: a company that will employ foreign nationals must meet specific registration requirements in order to sponsor the residency of its workers and executives. This is the concrete bridge between the company and residency, and it depends on decisions taken at incorporation.

Quick answers

Frequently asked questions

Do I need to travel to Argentina to incorporate?

Not to incorporate. Often yes for the banking stage, where several institutions require personal attendance by directors or beneficial owners.

Can I be the sole shareholder?

Yes, through an SAS or a single-shareholder SAU. An SRL requires a minimum of two quotaholders.

Can I manage the company from abroad?

Partly. Each entity type requires one or more administrators with actual domicile in Argentina, so at least part of the management must be local in a real sense.

How long does the whole process take?

Eight to fourteen weeks from first contact where foreign documentation is involved. The registry filing itself is the shortest part of it.

Can the company import and export?

Yes, once the tax, customs and sector registrations for the intended activity are completed.

Can I take dividends out of the country?

It depends on how the investment entered and whether it was registered. This is a design decision taken with the corporate structure, and it is very difficult to fix retroactively.

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. Foreign exchange and tax rules change frequently; conditions must be verified at the date of each transaction. 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.