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Argentine

 

Argentina, situated in the southern region of South America, boasts a rich history, diverse culture, vibrant economy, and a dynamic political landscape. This South American nation has witnessed numerous transformations and has emerged as one of the leading economies in the region. From the indigenous civilizations to the European influences, Argentina’s history is a tapestry of different cultures and experiences.

Argentina’s history dates back thousands of years, with the presence of indigenous tribes such as the Mapuche, Guarani, and Quechua. The arrival of the Spanish conquistadors in the 16th century marked a significant turning point in the country’s history. Under Spanish rule, Argentina became a viceroyalty and played a crucial role in the Spanish Empire’s colonial system. The struggle for independence began in the early 19th century, led by figures like José de San Martín and Manuel Belgrano. Argentina finally gained independence from Spain in 1816 and began to shape its own destiny.

In the late 19th and early 20th centuries, Argentina experienced a period of massive immigration, primarily from Europe. This wave of immigration, predominantly from Italy and Spain, brought new ideas, cultures, and skills to the country, transforming Argentina into a diverse and cosmopolitan nation. This period also witnessed the rise of the Gaucho culture, epitomizing the rural way of life in the Pampas region and establishing Argentina’s national identity.

Argentina’s culture reflects this diverse heritage. Tango, a passionate and seductive dance form, originated in the neighborhoods of Buenos Aires and is considered a significant cultural export. Literature, too, holds a prominent place in Argentine culture, with internationally acclaimed writers such as Jorge Luis Borges and Julio Cortázar hailing from the country. The arts, including painting, sculpture, and theater, thrive in Argentina, with a vibrant artistic community that continually pushes boundaries and explores new forms of expression.

The Argentine economy has experienced various cycles of growth and challenges throughout its history. At the beginning of the 20th century, Argentina was one of the wealthiest nations in the world, benefiting from its agricultural exports, especially beef and grains. However, economic instability, political turmoil, and protectionist policies have hindered sustained growth at times. In recent decades, Argentina has faced economic recessions, high inflation, and a heavy debt burden, leading to periods of financial crisis. Nonetheless, the country possesses significant natural resources, including minerals and hydrocarbons, and remains a leading agricultural producer.

The political landscape of Argentina has been marked by periods of democracy, military rule, and political upheaval. The country transitioned from a military junta to democratic rule in 1983, after a period of authoritarianism that lasted from the late 1970s to the early 1980s. Since then, Argentina has seen alternating periods of center-left and center-right governments, with various political parties and coalitions vying for power. Issues such as social inequality, corruption, and human rights continue to shape the political discourse in Argentina.

 

General Questions 

What is the minimum capital required to register a company in Argentina?
$ 10,000  USD

Is it possible to obtain citizenship with the birth of a child in Argentina?
Citizenship in Argentina is by birth based on the blood system. In this way, if the child is born to Argentinean parents, he or she will become an Argentine citizen, regardless of whether he or she was born in that country or in another country.

Is it possible to get a residence permit in Argentina by buying a property?
Buying property is another part of Argentina’s economy that does not provide permanent residency on its own, but it can be very helpful.

What is the advantage of having Argentine citizenship when traveling to other countries?
Holders of Argentine passports are allowed to travel to 155 countries without a visa, which makes immigrants happy. Security in Argentina is very high and the people of this country live in a peaceful environment.

Is Argentina generally offered for investment by foreigners?
Due to the country’s weak economy and the lack of appropriate policies to protect foreign investors, Argentina is not recommended as a safe destination for investment.

The benefits of company registration in Argentine

• Company registration costs in Argentina are low.
• The salary of specialized workers in Argentina is about $ 1,300 per month and that of simple employees is $ 300 per month.
• Electricity costs for industrial use are very cheap.
• Argentina is the third cheapest country in Latin America.
• Monthly office, warehouse and real estate rent in Argentina is cheap.
• The capital required to register a limited liability company is $ 300 and a joint stock company is $ 3,000.
• Foreign companies in the field of mining, forestry and tourism enjoy many tax exemptions.
• 50% reduction in social security costs for the first year and 25% reduction in the second year
• Argentina is the second largest country in South America with abundant natural resources such as zinc, gravel, copper, manganese iron, petroleum, uranium and lithium.
• Argentina is the fourth largest exporter of biofuels in the world.
• Argentina has the 33rd largest oil and gas reserves in the world.

The disadvantage of company registration in Argentine

• There must be an Argentine among the shareholders of Argentine companies.
• Corporate income tax 35%
• VAT for energy, water, communications is 27%.
• Social security insurance is 27%.
• High levels of corruption among the country,
• The highest level of legal debt in the world
• There is instability in the economy of this country
• High inflation and high unemployment in this country
• Lack of trust of investors in this country

Type of company registration

• The limited liability company (Sociedad de Responsabilidad Limitada SRL)
• The corporation (Sociedad Anónima SA)
• The Simplified Company (SAS)
• Foreign Branches

Business Opportunities in Argentina

• Managing restaurant
• Production of all food products
• Services of beauty salons
• make up
• Internet technology
• Retail sale of consumer goods
  Participation, social of natural and legal persons

The company registration process

• Book a company name
• Preparation and regulation of the company’s articles of association
• Set up company registration forms
• Registration of articles of association and company forms in the company registration office
• Registration of the company in the tax office and obtaining the tax code
• Obtaining activity licenses for the company
• Preparation of company seal
• Opening a bank account and depositing capital in the company account
• Registration of company in social security insurance for personnel