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Argentina

Argentina Flag

Country: Argentina
Region: Americas
Currency: Argentine peso (ARS) ($)
Languages: Spanish
Time Zone: UTC -3

Phone Code: +54

Communications: OK

Formation Cost: 7000 - 9000 USD$
Formation Time: 14 - 26 days
Maintenance cost: 4000 - 6000 USD$

Executive Summary: Argentina is South America’s second largest country, covering a land area of 2.7m sq km and occupying the majority of the continent’s southern tip, with a long coastline on the South Atlantic. Its population of 42.6m is mostly of Spanish and to a lesser extent Italian origin. Spanish is the official language although Italian, English, German and French are also spoken. Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. However, the country’s economy has suffered as a result of recurrent crises, the most serious of which was the 2001 default. Since the global financial crisis the government has followed expansionary economic policies but these have led to persistently high inflation. The government has also increased its intervention in the economy since 2012. Economic growth reached almost 9% in 2011, but slipped below 2% in 2012. Tax breaks are available for companies in certain industries, but tax rules are apt to change on a regular basis.

Suitable for: Insurance, Fund Management, Intellectual Property/Licensing, E-commerce
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Company Purpose Stats:

Wealth Management:

 

Treasury Management:

 

Banking:

 

Insurance:

 

Fund Management:

 

Shipping:

 

Aviation:

 

Yachting:

 

Trading Companies Goods:

 

Trading Companies Financial:

 

Intellectual Property:

 

Holding Companies:

 

E-Commerce:

 

E-Gaming:

 

Property Ownership:

 
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Vehicle Types: Limited liability companies, joint stock corporations, joint ventures, trusts, branches, sole proprietors, general partnerships and limited partnerships

Capital primary business districts: Buenos Aires

Good Relationships: Canada, China, Germany, Netherlands, Switzerland, United States

Bad Relationships: Burma, Cuba, Iran, Korea (Democratic People's Republic of), Libya, Somalia, Sudan, Syria

Tax Burden - Business: Moderate

Tax Burden - Individual: Light

Headline tax rates: CIT 35%, PIT 9%-35%, VAT 21%

Treaty Jurisdictions: Australia, Belgium, Bolivia, Brazil, Canada, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Russia, Spain, Sweden, United Kingdom

TIEA Jurisdictions: Andorra, Armenia, Aruba, Azerbaijan, Bahamas, Bermuda, Brazil, Cayman Islands, Chile, China, Costa Rica, Curacao, Ecuador, Guernsey, India, Isle of Man, Italy, Jersey, Macedonia, Monaco, Peru, San Marino, South Africa, Spain, Uruguay

Information Links:

 

 

 

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