Setting up an offshore company in Argentina requires attention in terms of formalities and registration. This article presents information about the main procedures, mentioning that our specialists in opening a company in Argentina can guide international entrepreneurs step by step.
Table of Contents
What is an offshore company and why open one in Argentina?
An offshore company is the same as an offshore corporation and refers to business activities that take place outside the entity’s home headquarters. This business structure can be registered without complications in Argentina and is preferred from several points of view. For example, offshore companies in Argentina deliver more in terms of privacy and can keep discretion when it comes to owners and their identities. In many situations, foreign corporations/banks/investment companies choose to operate under the umbrella of an offshore company in Argentina. If you are interested in this structure and want to set up a company in Argentina, we invite you to get in touch with our team. We will take care of all the procedures and represent the clients in this important endeavor.
How can an offshore company be formed in Argentina?
Argentina offers entrepreneurs various business structures for offshores. While some prefer the classic structure, respectively limited liability company, others opt for joint stock corporations (SA), for example. But, in most cases, the limited liability company in Argentina is preferred by foreign entrepreneurs. Here is some information in this case:
- ARS 10,000 is the minimum share capital.
- At least 2 shareholders are needed to form an LLC in Argentina.
- Both natural persons as directors of an LLC in Argentina and companies are accepted, as long as they have residency in this country.
As for joint stock corporations for opening an offshore in Argentina, this structure is quite flexible, it can be established by at least 2 shareholders, with ARS 100,000 as minimum share capital, and allows the respective capital to be divided into freely transferable shares. But for more information about offshore companies, please address our specialists in company incorporation in Argentina.
Taxation of offshore companies in Argentina
An important aspect to consider when opening an offshore company in Argentina is taxation. Here is what you need to know in this regard:
- In the case of oil & gas companies, 35% is the standard corporate income tax (CIT).
- Industrial offshore companies are subject to lower corporate income tax rates ranging from 0% to 2%.
- CIT ranging from 3% to 5% applies for trade and services companies in Argentina.
- 35% is the withholding tax imposed on royalties and interest of non-resident companies in Argentina.
Some data about Argentina’s economy
Below we present some statistical data about Argentina’s economy. These things can help you in the decision to start a company in Argentina at a certain point:
- Argentina registered a GDP primary surplus of around 1.5% in the first 8 months of 2024.
- Construction and industries helped to increase GDP, by 1.7% in July 2024.
- An economic growth of approximately 3% is estimated in 2025 in Argentina.
Are you interested in opening an offshore company in Argentina? Please contact our team and find out all the details about opening a company in Argentina. We can represent you in all the procedures involved in the process of registration.