Argentina - Market Entry and Legal Services

Lawyer & Law Firm in Argentina

Commercial Relations Between India-Argentina

Royal Enfield expanded in Argentina with a new assembly line, while the India-Argentina Business Council aims to enhance bilateral trade. The India-Argentina Business Forum facilitated virtual events and collaborations in sectors like lithium mining, banking, and education. These initiatives strengthen economic ties and open avenues for trade and investment between the two countries.

Business Advantage for Indian Companies in Argentina

Indian companies operating in Argentina can benefit from various business advantages. The favourable diplomatic relations between the two countries promote trade and cooperation. Argentina's diverse economy offers opportunities in sectors like IT, manufacturing, agriculture, automotive, pharmaceuticals, and renewable energy. Its strategic location provides access to a population of over 420 million people, making it a gateway to the South American market. Abundant natural resources, a skilled workforce, investment incentives, a sizable consumer market, and a supportive business infrastructure further enhance the potential for Indian companies in Argentina. Cultural affinities and government initiatives strengthen collaboration opportunities.

Incentives And Support Programs By Argentina For Indian Companies
Argentina offers several incentives and support programs for foreign companies, including those from India, looking to establish or expand their operations in the country. Some of the key incentives and support programs provided by Argentina are:

• Investment Promotion Law with tax incentives
• Special Economic Zones (SEZs) with benefits for companies
• R&D and innovation incentives
• Financial support programs for investment and growth
• Investment facilitation through dedicated agencies
• Sector-specific incentives for renewable energy, automotive, agribusiness, and technology.
• Double Taxation Avoidance Agreements (DTAA)
• Export promotion programs
• Intellectual Property protection measures
• Business incubators and accelerators
• Trade missions and business matchmaking events
• Workforce development programs
• Infrastructure development projects.

Starting a Business in Argentina

• Determine the type of legal entity when starting a business in Argentina.
• Appoint a Power of Attorney
• Draft and Certify the Bylaws
• Compile Required Documentation
• Make an Initial Share Capital Deposit
• Publish the Company's Creation
• Settle the Incorporation Fee
• Register Accounting Books
• Obtain the Unique Tax Identification Code (CUIT)
• Open a Corporate Bank Account

Visa and Immigration

Following are the common type of Visa offered by Argentina for foreign nationals looking to invest or set up business in the country:

• Argentina Investment Visa
• Argentina Business Visa
• Argentina Work Visa

Argentina offers opportunities and challenges for market entry. It has a large consumer market and abundant resources but has faced economic turbulence, including recession and high inflation. The regulatory environment has both positive and negative aspects, and businesses need to carefully navigate compliance and potential uncertainties. Infrastructure is relatively well-developed but may require improvements in certain areas. The labour market has its own dynamics, and businesses should consider regulations, skills, and competitiveness. Thorough market research, a solid business plan, local partnerships, and staying informed are crucial for successful market entry in Argentina.

To read more about the Argentina market and various business opportunities – CLICK HERE

How Do We Help?

At India Law Offices (ILO), we strive to deliver exceptional legal services to our clients not just within India, but on a global scale. Over the past two decades, we have diligently expanded our presence by establishing strong partnerships, both formal and informal, with esteemed professionals from leading law firms in key commercial hubs worldwide. These alliances have empowered us to offer efficient and seamless representation of the utmost quality in any jurisdiction. Through our extensive network, we are able to cater to the diverse needs of our clients and ensure that they receive top-notch legal assistance across borders.

With a host of global affiliations with some of the largest law firms and legal networks, India Law Offices makes business possible worldwide for its clients. We provide comprehensive support to companies from Argentina seeking to enter the Indian market. Our services encompass various aspects such as establishing subsidiaries or branches, navigating commercial contracts, and addressing any legal requirements. Additionally, we extend our expertise to Indian companies aiming to expand their operations in Argentina, offering corporate assistance and legal support tailored to their specific needs. In collaboration with our Argentinian counterparts, we are well-equipped to provide guidance on cross-border transactions between India and Argentina, including mergers and acquisitions (M&A), joint ventures, and other related activities. We are committed to helping our clients navigate the complexities of Indo-Argentinian business collaborations and achieve their desired outcomes. Our expertise extends to a wide range of areas, ensuring comprehensive assistance in various aspects such as:

• Corporate and M&A – Incorporation of Company, Branch Office, Merger & Acquisitions, Joint venture, Technical Collaboration, Taxation, Financial Reporting
• Commercial Contracts – Drafting & vetting of contracts like franchising, distribution, sales and marketing, licensing etc.
• Business and Civil Litigation – Representation before courts and judiciary bodies, Arbitration, Mediation
• Immigration – Obtaining Visa, Citizenship, Visa extension, Work Permit etc.
• Labour & Employment – Advice on Employment Laws, Tax implication on French nationals working in India, Drafting Employment Contracts & HR Policy
• Real Estate – Buying & Selling of Property, Development of real estate projects.
• Intellectual Property Rights – Trademark, Copyright & Patents registration
• Family Law and Inheritance – Cross border Divorce, Marriage Registration, Child Custody, Adoption, Drafting Will, Setting up Trust or Estate

Our Partner in Argentina

India Law Offices and Estudio Willa Abogados & Consultores Tributarios have formed a collaborative partnership to facilitate legal work between India and Argentina. This collaboration is strengthened by their mutual membership in PraeLegal, a network comprising independent commercial and business law firms. By leveraging this association, both firms can effectively address legal matters that arise between the two countries. This cooperative alliance enables them to provide comprehensive legal services and expertise to clients involved in cross-border transactions, ensuring a seamless and efficient approach to matters spanning India and Argentina. Estudio Willa Abogados & Consultores Tributarios offers expertise in areas of taxation, corporate, banking, labour law, mergers & acquisitions, competition defence, will & trust services, accounting and auditing.

If you are an Argentinian company or individual seeking assistance in India or an Indian entrepreneur planning to enter the Argentina market, we encourage you to complete the form below and connect with our team of legal experts. We are dedicated to providing the guidance and support you require.