Argentina Payroll Services

At Bradford Jacobs, we navigate the administration of the Argentinian payroll system for you. We do the work, so you do not have to.

Argentinian Payroll

Argentina, the third-largest market in Central and South America, is seen as a rapidly emerging attraction for International Expansion and one which is seeking to play an increasingly significant role in the global economy.

Dedicated to Offering You 24/7 Support

How We Can Help You

Argentina is a member of the Organisation of American States, the Inter-American Development Bank, the Latin-American Integration Association and the Mercosur trading bloc with Brazil, Paraguay and Uruguay.

Argentina’s memberships include the World Trade Organisation, the G20 group of Finance Ministers and Central Bank Governors, the International Labour Organisation, the United Nations and many other regional institutions.

Setting up a subsidiary in Argentina to run payroll is one option, but this involves a protracted registration process and poses many challenges. Our Professional Employer Organisation (PEO) and Employer of Record (EOR) services provide complete solutions to every issue your company will face before your planned move into the Argentinian Market.

Our teams step in from the start, locating top-rated talent in Argentina, then guiding you through such procedures and navigating the administration of Payroll services in Argentina.

  • Remote payroll – This option allows businesses to operate under a single payroll system, by adding employees in Argentina to your parent company’s payroll. However, these employees must operate under different regulations, which is likely to cause problems.
  • Internal payroll – You may operate payroll for your subsidiary, especially if you are committed to growing your company’s presence in Argentina. However, this does require hiring dedicated HR staff who understand Argentinian employment and compliance laws.
  • Argentinas’ payroll processing company – If you are considering outsourcing, then working with a Argentinian payroll company will help in processing your payroll – but not when it comes to compliance.
  • Argentinas’ payroll outsourcing – However, there is another option available that solves both concerns – by working with Bradford Jacobs. We can handle payroll and compliance for all your employees in Argentina. We take the administrative stress off your shoulders so you can focus on what you do best.

The Republic of Argentina’s rapidly-developing economy is becoming a magnet for foreign investment and international companies undertaking Global Expansion. The economy is seeing growth in pharmaceuticals, biotech, chemicals, renewable energy and manufacturing design alongside an already strong services sector and the traditional strengths of food production and agriculture. Natural resources include massive deposits of untapped mineral ores, including the world’s second-largest shale gas reserve and fourth-largest shale oil reserve. There are lithium deposits to capitalise on the growth of electric vehicle development.

The opportunities are there but come with challenges, and payroll services in Argentina are among the most demanding. Whether your company is planning to move staff abroad or hire employees in the new territory, you cannot risk mistakes operating in Argentina’s complex payroll and income tax regime, as it could cost you time and money. Foreign companies intending to run their employees’ payroll in Argentina must first set up a legal entity subsidiary. This is mandatory for dealing with the Federal Administration of Public Revenues, the Administración Federal de Ingresos Públicos (AFIP) and the National Administration of Social Security (Nacional de la Seguridad Social, ANSES), which operates under the Ministry of Health and Social Development.

A typical choice is the limited liability company in Argentina, a Sociedad de Responsabilidad Limitada, SRL, which needs two or more members or partners. The subsidiary will be regulated by the General Companies Act. However, this represents a significant move. Operating payroll in Argentina requires detailed practical knowledge of company, tax and employment legislation and staying up to date with regular changes to the rules.

However, there is an alternative and more straightforward route. Bradford Jacobs navigates these potential pitfalls effectively and efficiently. We recruit the staff in-country and then implement our comprehensive knowledge of tax and payroll regulations. As part of our service, we file returns and remit associated payments for tax and social security contributions directly from our payroll system to the relevant authorities. New staff members can be up-and-running in days rather than weeks or months to establish a legal entity in Argentina.

Outsourcing payroll in Argentina will streamline your operations by dealing with the following:

  • Register employees with the Federal Administration of Public Revenues, the Administración Federal de Ingresos Públicos (AFIP) for withholding payroll taxes and remitting to the AFIP.
  • Obtain the employer’s 11-digit Unique Tax Identification Code (CUIT) – the fiscal code (clave fiscal) – from the AFIP.
  • Obtain the Unified Labour Identification Code (CUIL) for social security. transactions of the employee.
  • Register employees with the National Administration of Social Security (Nacional de la Seguridad Social, ANSES) for inclusion in the social security system.
  • Obtain their DNI number (Documento Nacional de Identidad), frequently required when opening bank accounts and registering for internet and other services.
  • Register the employment relationship in the Special Payroll Book, which is subject to inspection by the Ministry of Labour.
  • Accounts and bookkeeping must be in the Spanish language.
  • Drawing up written contracts for employees as a safeguard, although there is no mandatory requirement for contracts to be written or oral unless specified under a law or collective agreement.

International companies planning to run payroll services in Argentina must establish a legal entity. They must decide on the best business structure for their expansion plans. A popular choice is to set up a limited liability company as a subsidiary, known locally as a Sociedad de Responsabilidad Limitada, SRL. This company type needs two or more members or partners, will be regulated by the General Companies Act and comes under the supervision of the Public Register of Commerce, head office in Buenos Aires.

The registration procedures and other requirements under the Act include the following:

  • The foreign parent company must register with the Public Registry with the Autonomous City of Buenos Aires or whichever of the 23 provinces it plans to operate.
  • Verify the unique name for the subsidiary with the Office of Corporations (Inspección General de Justicia, IGJ).
  • Have identities, passports, where applicable, and signatures of members/partners notarised.
  • Prepare the Articles of Association for the subsidiary.
  • If required, deposit initial share capital with the Argentina National Bank (there is no minimum requirement for an SRL).
  • Publish notification of the new company in the Official Gazette.
  • Register with the Public Register of Commerce in Buenos Aires or a regional office.
  • Register the company with the Federal Administration of Public Revenues, the Administración Federal de Ingresos Públicos (AFIP), for withholding payroll taxes and remitting to the AFIP.
  • Obtain the subsidiary’s 11-digit Unique Tax Identification Code (CUIT) from the AFIP.
  • Register a subsidiary with the National Administration of Social Security (Nacional de la Seguridad Social, ANSES) for inclusion in the social security system and to withhold and remit social security and pension fund payments.
  • Proof of payment of all fees.
  • Majority of board members for an SRL must be Argentine residents.

Contact Us

Join Our Newsletter

Stay up to date with latest service offerings while receiving tips and strategies for making your next remote hire.