Argentina still has not been able to fully overcome the economic crisis that has been going on over the past decade. The state must still make a lot of efforts to revive the economy. Therefore, the country’s government is trying its best to attract foreign investors.
In recent years, experts say, Argentina has been moving in the right direction, for example, a tax amnesty law has been passed, control over the local currency has been removed, the dollar deficit has been eliminated, access to international money markets has been opened, and inflation has been reduced.
The creation of a business structure in Argentina by foreign investors is possible in various organizational and legal forms. The most popular among them are the following.
The Corporation is an open Joint Stock Company, the minimum capital of which is 12 thousand ARS. ¼ part of the capital is paid at the time of registration of the company, the rest – over two years. The minimum number of shareholders is 2. The institution is governed by a board of directors, most of whom must be citizens of Argentina.
The Argentine branch of a foreign enterprise is the second recognized form of organizing business for foreign investors. It involves the translation into Spanish of the legalized documentation of the main institution. The trustee must only be a resident of Argentina.
Limited Liability Company is characterized by the absence of a set minimum capital. A quarter of the capital is paid by the owners of the shares at the time of registration of the company, the rest over two years. Shareholders cannot transfer their shares to third parties. The minimum number of shareholders is 1, the maximum is 50. A director can be either a resident or non-resident of Argentina.
Generous natural resources make Argentina, a country with strong economic and natural contrasts, a state with high potential for starting a business. Investors from abroad are in great demand in this country in such areas as:
The domestic market is not fully satisfied with the demand for consumer goods and capital goods, which opens up prospects for creating a business structure. Investments in real estate construction are also profitable.
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Purchasing a ready-made company, the customer will receive the following basic documentation:
Offshore company registration or purchase of a ready-made low-tax company with the help of Eternity Law International is a wise investment with the assistance of a reliable contractor.
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