1.ASelect your entity type:

1.A.iCorporation “Sociedad Anónima” or “SA”

  • Minimum capital: AR$100.000, which can be publicly tendered.
  • At least two shareholders (natural or legal person), who are limited in liability up to their contributions to the company's capital.
  • The board of directors is responsible for the management and representation of the corporation. Said board must be formed by one or more directors, who shall be natural persons and shall be appointed for three fiscal periods maximum. Most of them shall be argentine residents. Head directors must offer a guarantee for their performance which must be equal for all of them and shall not be, altogether, lower than the 60% of the capital with a maximum of AR$ 50,000. The board must meet at least quarterly and its president must have their own national tax number.
  • Shareholders must meet at least annually to approve the company's financial statements.
  • Auditors are not mandatory, with some exceptions.

1.A.iiSingle Shareholder Corporation “Sociedad Anónima Unipersonal” or “SAU”

  • Only one shareholder, who shall not be another SAU.
  • Its capital must be fully subscribed and paid up upon incorporation.
  • Its President must have its own national tax ID number. The SAU must have an auditor and shall be subject to permanent governmental control.

1.A.iiiLimited Liability Company “Sociedad de Responsabilidad Limitada” or “SRL”

  • Minimum capital: AR$ 30.000, which shall not be publicly tendered.
  • Between 2 and 50 partners, who limit their liability up to their contributions to the company's capital.
  • One or more managers shall be in charge of the company's management, who must be all natural persons, and may be partners. They may be appointed indefinitely and are not obliged to meet periodically.
  • Auditors are not mandatory, with some exceptions.