Visit this link for an up to date information: https://www.bizlatinhub.com/corporate-legal-compliance-in-argentina/ Starting a business in Argentina? It's important to understand the local regulations that set out your corporate responsibilities. Find out about national taxes, social security, and corporate and labour obligations for your business.

1. Corporate Compliance
For Legal Entities in
Argentina
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2. Argentina’s Compliance Requirements
Regardless of their commercial activity, all legal entities located in Argentina must
comply with a series of obligations managed by various government entities.
These obligations fall within the following categories:
1. Corporate obligations
2. National taxes
3. Labor obligations
4. Social security

3. 1. Corporate Obligations
The legal entity has to meet certain corporate obligations to ensure that it is
compliant with local legal requirements.
A) Hold an annual shareholder meeting
B) Sworn statement to the National Tax Authority, the AFIP,
(La Administración Federal de Ingresos Públicos)
Deadline: On an annual basis, at latest four months after the yearly book closing
day of the company.

4. 2. National Taxes
Every legal entity in Colombia has to meet tax obligations to ensure that it is
compliant with the legal tax requirements of the National Tax Authority, the AFIP.
Calculation, preparation and filing of tax declarations with the AFIP is required on a
monthly and annual basis. The most prevalent taxes are the following:
IVA – “Impuesto al Valor Agregado” (VAT - Value Added Tax)
IIBB – “El Impuesto sobre los Ingresos Brutos” (Municipal Income Tax)
IG – “Impuesto sobre las ganancias” (Income Tax)
Deadlines: Monthly IVA and IIBB depend on the Tax ID. For the annual IG at latest 4
month after the yearly book closing day of the company.

5. 3. Labor Obligations
Every legal entity in Argentina has to meet the following labor obligations:
a) SAC: Equal to 1 month of salary divided in two parts. The employee will
receive one part in the middle of June, and the other part early December.
b) Vacation: 14 days
c) Government Entity: The Ministry of Labour and Social Security monitors
the companies so the labor obligations are met, but no reports are
required

6. 4. Social Benefits
The legal entity is required to meet social security obligations:
• Pension
• Health Contribution
• Labour Risk Insurance
• Social Fund for Unemployment Risk
Deadline: Within the first week after the salary payment.
Government Entity: The Ministry of Labour and Social Security monitors the
companies so the social benefits are paid, but no reports are required.

7. Schedule of Annual Corporate Requirements
Requirement to be presented Frequency Date of Filing Government Agency
Hold a Shareholder Meeting Annual Up to 4 months after the yearly book closing day -
Sworn declaration to the AFIP Annual Up to 4 months after the yearly book closing day AFIP
Monthly IVA (VATs) Monthly Depends on the TAX ID and AFIP’s Calendar AFIP
Monthly IIBB Monthly Depends on the TAX ID and AFIP’s Calendar AFIP
Annual IG Income Tax declaration Annual Up to 4 months after the yearly book closing day AFIP
Vacations Annual Depending on employee’s start date MTESS
SAC Biannual Mid June and early December MTESS
Health Contribution Monthly First week after the salary payment MTESS
Pension Contribution Monthly First week after the salary payment MTESS
Labour Risk Insurance Contribution Monthly First week after the salary payment MTESS
Social Fund for Unemployment Risk Monthly First week after the salary payment MTESS
AFIP = Administración Federal de Ingresos Públicos (Tax Authority)
MTESS = Ministerio de Trabajo, Empleo y Seguridad Social (Ministry of Labor and Social Security)

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