Argentina is known for its diverse economy, rich culture, and friendly business environment. Registering a business in Argentina is a straightforward process, and once completed, you can start operating your business legally.
In this article, we’ll take you through the steps to register your business in Argentina.
Choose your business structure:
Before you register your business, you need to decide on its legal structure. The most common forms of business structures in Argentina are Sole Proprietorship, Partnership, Limited Liability Company, and Corporation.
A Sole Proprietorship is the simplest business structure in Argentina. It is owned and operated by one person, and there is no legal distinction between the owner and the business.
A Partnership is a business structure owned by two or more people. Each partner contributes to the business and shares the profits and losses according to the partnership agreement.
A Limited Liability Company (LLC) is a business structure where the owners are not personally liable for the company’s debts and obligations. This structure is suitable for small to medium-sized businesses.
A Corporation is a complex business structure with shareholders, directors, and officers. This structure is suitable for large businesses with multiple owners.
Choose your business name:
The next step is to choose a name for your business. You can check if the name you want is available on the website of the Public Registry of Commerce (Registro Público de Comercio). If the name is available, you can reserve it for 30 days by filing a form with the registry.
Obtain a CUIT number:
A CUIT (Clave Única de Identificación Tributaria) number is a unique identification number that every business in Argentina needs to operate legally. You can apply for a CUIT number at the Federal Administration of Public Revenues (Administración Federal de Ingresos Públicos).
Obtain a Domicile:
You need to have a physical address for your business. If you don’t have an office or a physical address, you can rent a virtual office or use your accountant’s address.
Prepare the necessary documents:
You need to prepare the following documents to register your business in Argentina:
• Certificate of CUIT number • Certificate of Business Name Reservation • Proof of Domicile • Articles of Incorporation (for LLC and Corporation) • Partnership agreement (for Partnership)
Register your business:
You can register your business at the Public Registry of Commerce (Registro Público de Comercio) or the National Securities Commission (Comisión Nacional de Valores) if you’re registering a corporation. You can also register your business online at the website of the Public Registry of Commerce.
Register with the tax authorities:
You need to register your business with the Federal Administration of Public Revenues (Administración Federal de Ingresos Públicos) to obtain a tax ID number (CUIT).
Obtain any necessary permits and licenses:
Depending on the nature of your business, you may need to obtain additional permits and licenses from the local, provincial, or national authorities.
Generis Global can help you with your business in Argentina:
If you need assistance with registering your business in Argentina, Generis Global can help you. Our firm has years of experience in assisting foreign companies with their legal requirements in Argentina. Contact us today to learn more about how we can help you with your business journey in this country.