Employ Candidates Compliantly in Argentina

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  1. Overview: Argentina
  2. Global HR Compliance
  3. Global PEO and payroll
  4. Work permit for hiring expats via PEO
  5. Expand without a company set up
  6. Contractor vs. employee: which is better?
Other counrtries

Global PEO and Payroll in Argentina

Getting your business up-and-running in Argentina can be challenging, especially if you do not speak the native language. Establishing your own business entity in Argentina is an option to be considered as you expand abroad. But before you invest valuable resources in setting up business in Argentina, you should be fully aware of the risks involved.

Acumen’s Global PEO and Payroll solution was designed especially for companies like yours, to smooth the way for quick, easy and risk-free business operations in Argentina, without having to establish a legal business entity.

Acumen International – Your Professional Employer Organization in Argentina

Navigating the Argentine legal system and adhering to regulations governing employment and taxation can be challenging for businesses, especially if you are not a native Argentine speaker. Partnering with Acumen International as a global Professional Employer organization (PEO) provides you with the local knowledge and support you need to conduct business in Argentina without concern for legal and compliance risks.

Whether you represent international client companies or you are taking your own business operations abroad, Acumen International’s Global PEO and payroll service allows you to hire and payroll local and expat employees in Argentina. With Acumen in your corner, you can quickly and easily onboard and compensate your employees without risk of legal repercussions.

International Global Payroll and Taxation in Argentina

Taxes on corporate income. Legal entities resident in Argentina are subject to tax on Argentine and foreign-source income. Resident legal entities are able to claim any similar taxes actually paid abroad on foreign-source income as a tax credit. The tax rate applies to net income determined on a worldwide basis.

Turnover tax (gross income tax). Each of the 24 jurisdictions into which Argentina is divided imposes a tax on gross revenues from the sale of goods and services. Exports of goods are exempt, and certain industries are subject to a reduced tax rate. Rates, rules, and assessment procedures are determined locally. 

Real estate tax. Similar to the turnover tax, real estate tax is imposed by each Argentine jurisdiction. It is levied on the ownership of real estate located in the territory of the jurisdiction.

Real estate tax is usually assessed by the local tax authority, considering the property’s fiscal value and the tax rates established by the current year tax law.

Tax on financial transactions (on credits and debits on bank accounts). Bank account movements (deposits and withdrawals) are subject to a national tax on financial transactions.

Wealth tax. An annual wealth tax is levied on the shares or holding in the capital of local companies owned by individuals or undivided estates domiciled in Argentina or abroad, and/or companies and/or any other type of legal person domiciled abroad. It shall be assessed and paid directly by the local company as a full and final payment on behalf of the shareholders (the issuing company has the right to recover from the shareholder the tax paid). 

Foreign beneficiary tax. Foreign beneficiaries working temporarily in Argentina for no more than six months during the year, who earn income through either the visual or performing arts or other profession, are subject to income tax on these earnings.

Tax resident employees. Residents include the following:

  • Argentine nationals living in Argentina
  • Argentine nationals working abroad during the first 13 months of living abroad (tax residence status is lost from the first day of the 14th month), or when they have obtained a permanent residence for migration purposes in a foreign country; whichever occurs first
  • Foreign nationals assigned to work in Argentina for more than five years
  • Foreign individuals residing in Argentina (for reasons other than work) for more than 12 months, as of the 13th month of presence in Argentina.

Non-tax resident employees:

  • Foreign nationals assigned to work in Argentina for less than five years.

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How Acumen’s International PEO and Payroll Service can Benefit Your Business in Argentina

Compensating your local and expat workforce in Argentina and closely adhering to Argentine taxation requirements can divert your attention and resources from activities that help your business grow. A reliable global employment solution like Acumen’s Global PEO and Payroll service can take a substantial burden off your shoulders so you can focus on running your company.

Outsourcing the administrative and compliance tasks involved in employee payroll is one approach, but we have a better solution. Acumen International offers a global PEO and payroll solution that goes beyond outsourcing. We hire and compensate your global workforce on your behalf, and take care of all the details of payroll while ensuring full compliance with Argentine labor and taxation laws.

It is important to note that Acumen does not provide international global payroll services as a standalone solution, but only as a part of our global PEO and Payroll solution.

Our comprehensive global PEO and payroll services are just some of the benefits of partnering with Acumen International. We make it easy for you to achieve your business goals in Argentina by officially employing and compensating your best selected global talent – both locals and expats – without concerns for legal and compliance risks faced by global employers.

Disclaimer: Any of the above information is subject to changes imposed by Argentine laws. To get the latest updates on taxation in Argentina and in 190 countries worldwide, contact Acumen’s team of global employment experts.

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