Doing Business In Argentina: top 7 Benefits



Doing Business In Argentina: top 7 Benefits

Argentina, the second-largest country in Latin America, is one of the most attractive markets for global investors. This is due to its large population, growing economy and simplified tax policy. Learn more about the key benefits of doing business in Argentina

Order a consultation with a migration specialist to avoid unpleasant situations during the move
Order a consultation with a migration specialist to avoid unpleasant situations during the move

Argentina's large economy, diverse workforce, and abundant resources make it an attractive place to do business.

One of the advantages of doing business in Argentina is the high level of income and a large population (over 40 million people). This creates favourable conditions for business development and expansion, as well as access to a skilled workforce. In addition, Argentina has great potential in various sectors of the economy, such as agriculture, technology, tourism, etc.

Consequently, choosing Argentina as a business location can be a sound decision for those looking for new opportunities and potential growth in a large and promising South American economy. The most common countries to open a business in Argentina are Spain, Canada, the United States, Brazil and Chile.

If you have any questions during the move, please consult an international lawyer. We help you solve complex and simple issues for your comfort and safety in Argentina. Our experts are ready to provide you with professional advice and assistance in resolving all legal issues related to your stay in  Argentina.

Favourable investment climate

In recent years, Argentina has been taking active measures to stimulate business both internationally and domestically. The government agency for investment and international trade (Agencia Argentina de Inversiones y Comercial Internacional) offers free support to foreign entrepreneurs interested in doing business in the country. 

In addition, foreigners can benefit from the support of a new legal entity, the Argentine Simplified Joint Stock Company, which facilitates successful business activities. The country does not impose restrictions on foreign investment, which creates favourable conditions for business; companies can invest without prior government approval. 

In addition, the country's high quality of life is confirmed in terms of education and healthcare. Buenos Aires, the capital of Argentina, is ranked second in South America in terms of quality of life, making it an attractive place to live and grow a business.

Regulatory incentives for entrepreneurs

Argentina attracts new investors and entrepreneurs not only for its economic opportunities, but also for government initiatives aimed at simplifying bureaucratic procedures. This allows for faster and more efficient entry into the country's market and reduces administrative burdens for small business owners. New entrepreneurs can benefit from the reduced time required to register and get their business approved. This makes the process of starting a new business in Argentina easier and more efficient. However, it is important to have the right legal support to help with all aspects of the process.

Duty-free zones and industrial parks

Argentina attracts entrepreneurs and small business owners due to its favourable conditions for setting up new companies. There are duty-free zones and industrial parks in the country that are designed to attract foreign investors and corporations. This facilitates business development in various industries and stimulates the country's economic growth.

Simplified lending process

Getting financing for your business is one of the main concerns of entrepreneurs, especially in new market environments like Argentina. However, the good news is that the country has a simplified loan process compared to other countries in the region. According to statistics, Argentina ranks 67th in the world in terms of ease of obtaining credit for small business owners. This creates more opportunities for business development and expansion in this country.

Diversity of industrial sectors

Argentina is famous for its diversity of industrial sectors, especially agriculture, which is one of the main production sectors. Due to its abundant natural resources, different climatic zones and fertile land, the country is known for growing soybeans, wheat, corn, sorghum, as well as livestock, including poultry and beef. 

In addition, the region offers great opportunities for international experts in various industries such as manufacturing, telecommunications, metalworking, oil and gas, automotive, petrochemicals, agricultural chemicals, pharmaceuticals, building stone, mining, renewable energy and sugar. These industries offer ample opportunities for development and attracting international investment to Argentina.

Mercosur and the G20

Membership in Mercosur (the Southern Common Market) opens up many opportunities for international trade for businesses in Argentina. This allows free access to trade agreements with other Latin American countries, with minimal taxes and limited legal requirements. 

In addition, Argentina is a member of the G20, the main international forum where key economic and financial issues are discussed. Participation in this group allows countries to join forces to address global challenges. The group currently accounts for 85% of the world's gross domestic product (GDP) and 75% of international trade, making it one of the most influential international organisations.

Highly educated workforce

Argentines are known for their high competitiveness and education. Spanish is the official language of the country, but English, Italian, French and Portuguese are also spoken. Argentina has the highest level of English proficiency among Latin American countries, making it easy to communicate and collaborate with international business partners. 

Hiring skilled workers has always been an important challenge for entrepreneurs. Argentina has a significant number of young, highly educated people, as the country's educational system is actively developing. Many Argentines speak English, which makes them attractive to international companies. This allows entrepreneurs to access a skilled workforce without language barriers, which creates an advantage for business development in the country.

Igor Usyk - Head of Migration department at VisitWorld

To ensure a safe move to a new country, I advise you to consult a specialist. My colleagues, qualified specialists with a legal education, will help you avoid unpleasant situations during migration.

Products from Visit World for a comfortable trip:

Checklist for obtaining a visa and necessary documents in Argentina;

Legal advice on immigration in Argentina;

Travel insurance for foreigners in Argentina;

Medical insurance all over the world.

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