The Argentine constitution grants foreigners the
same rights to work, conduct business, buy, own and
sell property as it does for Argentine nationals.
Property is inviolable and no inhabitant of the nation
may be deprived of it except by virtue of a judicial
decision.
The rules covering foreign investment are contained
in the Foreign Investment Act Nº 21382 enacted
in 1993 by Executive Order 1853/93, established the
legal framework for foreign investment. The last amendment
has repealed all provisions of the law requiring prior
approval for the investment of foreign capital in
Argentina.
National treatment for foreign investment
Foreign investors have the same legal treatment as
nationals under the Argentine Constitution.
Foreign companies may invest without prior approval
or registration requirements.
Foreign investors have the same access to incentive
programs as local investors.
Foreign companies have unrestricted access to all
economic sectors.
Foreign companies can adopt any legal entity formation
allowed by Argentine business law.
Foreign companies have the same access to credit as
local companies.
Bilateral Investment Treaties (BITs) with
several countries
Argentina has signed Bilateral Investment Treaties
(BITs) with several countries, such as: Austria, Armenia,
Australia, Bolivia, Bulgaria, Canada, Croatia, Cuba,
Chile, China, Denmark, Ecuador, Egypt, Finland, France,
Germany, Hungary, Indonesia, Israel, Italy, Jamaica,
Luxembourg, Malaysia, Netherlands, Peru, Poland, Portugal,
Rumania, South Korea, Spain, Sweden, Switzerland,
Tunisia, Turkey, Ukraine, United Kingdom, USA, Vietnam,
Venezuela, Senegal and Morocco, in order to protect
investments and avoid double taxation.
Member of ICSID, MIGA and OPIC
Argentina is a member, among others, of the Multilateral
Investment Guarantee Agency (MIGA), the Overseas Private
Investment Committee (OPIC), and the International
Center for Settlement of Investment Disputes (ICSID).
Lesgal Structure of Companies
The form of business organization legislated in the
Business Associations Law (Nº 19550) are as follows:Corporations
("Sociedades Anónimas S.A.")
