Business accounts: Argentina
An honest assessment before work starts, the quote is fixed in writing.
We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, and careful preparation improves the odds.
We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.
An Argentine company: what you need before the account
The account is opened for an Argentine corporation or limited liability company registered with the General Inspectorate of Justice in Buenos Aires or a provincial registry. If a partner is a foreign company, it must first register with the Inspectorate under Article 123 of the companies law. In a corporation, most directors must live in Argentina. The company and each director get a tax number from the tax agency.
Company taxes
| Tax | Rate |
|---|---|
| Corporate tax | 25-35% on a progressive scale |
| Dividends | 7% at source |
| VAT | 21% |
| Tax on bank debits and credits | 0.6% on each inflow and outflow on a business account |
| Provincial gross income tax | withheld by the bank at the provincial rate |
How the account works
Every account in the country, in pesos or dollars, gets a single 22-digit number and a short alias. Interbank transfers are instant and run around the clock. Since April 2025 the Central Bank has lifted most currency restrictions for individuals, and companies may pay foreign owners dividends on profits from the 2025 financial year. More on account details in our article on account numbers and aliases in Argentina.
Bank documents and reasons for refusal
- Articles with the registration stamp, the resolution appointing directors, tax numbers of the company and directors.
- A declaration of beneficial owners and politically exposed persons, a balance sheet or business plan.
- Banks refuse if the foreign partner is not registered under Article 123, there are no resident directors or the source of capital is not proven.
What we do
- We register the foreign partner under Article 123 and the Argentine company with the Inspectorate.
- We obtain tax numbers for the company and directors.
- We prepare the bank pack: articles, appointments, owner declarations.
- We choose a bank and support opening peso and dollar accounts.
What we do
- Corporate account - opening assistance
We will calculate online the cost of opening an account for your company and maintaining it for a year.
See also
Company formation · Personal account · Investment property · All country programs
FAQ
Can a foreign company open a bank account in Argentina?
What does a company need to open an account in Argentina?
Are there currency controls in Argentina?
How long does it take to open a business account in Argentina?
What taxes does a company pay in Argentina?
Can a foreign company be a partner in an Argentine company?
Can dividends be sent abroad from Argentina?
Does a director have to live in Argentina?
Can a company open a dollar account in Argentina?
Need a peso and dollar account for your company in Argentina?
We pick an Argentine bank for your company and its tax registration, prepare the compliance documents and explain the currency rules for the accounts. The catalogue covers every country.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
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