Argentina SRL

A Sociedad de Responsabilidad Limitada (SRL) in Argentina is a popular business structure that provides limited liability protection to its shareholders. There is no minimum capital requirement for forming an SRL, making it accessible for small and medium-sized enterprises.

The incorporation process begins with the preparation of the company's articles of incorporation, which detail the company's objectives, share structure, management, and other essential information. These articles must be signed by all shareholders and submitted to the Public Registry of Commerce (Inspección General de Justicia - IGJ) for registration.

Once registered, the company must obtain a tax identification number (CUIT) from the Agencia de Recaudación y Control Aduanero (ARCA), which replaced AFIP, for tax purposes. The company must also register with local and national tax authorities and comply with any industry-specific regulations.

Additionally, a corporate bank account must be opened in the company’s name, and the initial capital contributions must be deposited. An SRL in Argentina requires at least one director and two shareholders. The directors must be individuals and can be either Argentine nationals or foreigners, provided an absolute majority of them have their real domicile (habitual residence) in Argentina. The shareholders can be individuals or legal entities.

The company must prepare and file annual financial statements with the relevant authorities. Regular corporate maintenance, including holding annual meetings and keeping accurate records, is mandatory to ensure compliance with Argentine regulations.