FOREIGN INVESTORSWe are here to help you, puting our expertise at your service. We work with some of the best law firms in Buenos Aires to fully protect your investments and plan for the best approach to organize your business.You can count on us and think of us as your helping partners. |
Foreign investment highlights Foreign investment is warmly welcomed in Argentina. Investments are allowed in all areas, including petroleum, mass media (broadcasting, cable, newspapers and magazines), nuclear power generation and nuclear mineral mining. No approvals or paperwork of any kind are required to realize foreign investments in Argentina. No registration of investments is required and confidentiality is assured. |
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Foreign investors are entitled, without approvals or formalities, to repatriate capital and remit profits abroad at any time, no waiting periods whatsoever. Unrestricted access to foreign exchange markets, absolutely no approvals or formalities for making transfers abroad. No discrimination against foreign investors: foreign and domestic companies are treated equally under the law, including access to domestic or foreign currency financing in the local market and full eligibility for economic development incentive programs. No performance requirements to be met by foreign investors.Argentina is a member of the Multilateral Investment Guarantee Agency and the Overseas Private Investment Corporation, both insurance institutions covering foreign investors against risks. Foreign Investor-Specific Tax Highlights* As a result of the national treatment principle, foreign investors face the same tax liabilities as local firms. The bulk of taxes are assessed on consumption and imports; others are assessed inter alia on income, added value , wages (social security), assets and other property (mainly real estate and vehicles, although their rates tend to be negligible). * Argentine-based or foreign corporations (whether branches or full- fledged corporations) are taxed at a 30% flat rate on their taxable income. * No provincial income tax in Argentina. * No income tax on dividends paid by corporations, regardless of whether the dividends are cash or share-originated. * No income taxes on interest on fixed-term deposits and savings accounts. * No tax on income derived from public or private securities. * No export taxes on manufactured products. * No special tax on the remittance of earnings abroad Opening an office in ArgentinaForeigners may trade and do business in Argentina freely; they enjoy the same civil rights as Argentine citizens. Foreigners are free to structure their activities using a variety of business forms under Argentina ´s Commercial Companies Law, Civil Code and Code of Commerce.Investors may use the following organizational forms: the stock corporation (sociedad anónima), the branch office (sucursal), joint ventures, franchise agreements, the limited liability company (sociedad de responsabilidad limitada), the general general partnership (sociedad colectiva), the limited partnership (sociedad encomandita) and the sole propietorship (empresa unipersonal). Source : Ministerio de Economía y Obras y Servicios Publicos. Fundación Invertir. Consulado General de la República Argentina en Montreal. Useful link: www.invertir.com |
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