Investment framework and opportunities in Argentina

Procedures Relative to Foreign Investment

Obligation to Declare: Foreign investors that want to set up a business in Argentina follow the same procedures as domestic entities, without the need for prior approval. However, the company must register its name with the Office of Corporations (Inspeccion General de Justicia - IGJ), and must request that the College of Public Notaries submit the company’s accounting books to be certified with the IGJ.
Profits and dividends have to be declared in closed and audited financial statements.
Competent Organisation For the Declaration: Inspeccion General de Justicia
Requests For Specific Authorisations: There is no declaration, in principle, except for large projects which require the agreement of the competent ministry. For example: the TGV (high speed train) must receive authorisation from the Ministry of Infrastructure.
In certain sectors, like aviation and media, foreign ownership is restricted.

Investment Opportunities

Investment Aid Agency: Argentine Agency of Investments and International Trade
Ministry of Foreign Affairs, International Trade and Worship
Tenders, Projects and Public Procurement: GlobalTenders: Argentina, Tenders and projects in Argentina
Tenders Info: Argentina, Tenders in Argentina
DgMarket: Tenders Worldwide, Tenders Worldwide
Other Useful Resources: Ministry of Economy

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