31 Aug Start Company Argentina
Start Company Argentina
10 Steps to Starting a Business in Argentina
To begin with, starting a business involves planning, making key financial decisions and completing a series of legal activities. Thus, these 10 easy steps can help you plan, prepare and manage your business.
First Step: Write a Business Plan
In fact, use these tools and resources to create a business plan. For example, this written guide will help you map out how you will start and run your business successfully.
Second Step: Get Business Assistance and Training
Indeed, take advantage of free training and counseling services. In other words, from preparing a business plan and securing financing, to expanding or relocating a business.
Third Step: Choose a Business Location
Then, get advice on how to select a customer-friendly location and comply with zoning laws.
Fourth Step: Finance Your Business
In addition, there are several financing options available in the market. For example, there are government-backed loans, venture capital, and research grants to help you get started.
Fifth Step: Determine the Legal Structure of Your Business
Moreover, decide which form of ownership is best for you. For example, sole proprietorship, partnership, Limited Liability Company (LLC), corporation, corporation, nonprofit or cooperative. For instance, in Argentina, you can either choose a SA or an SRL.
Sixth Step: Register a Business Name (“Doing Business As”)
Furthermore, register your business name with your state government.
Seventh Step: Get a Tax Identification Number
Afterward, learn which tax identification number you’ll need to obtain from the IRS (AFIP in Argentina) and your state revenue agency.
Eight Step: Register for State and Local Taxes
Similarly, register with your state to obtain a tax identification number and workers’ compensation. In addition, unemployment, and disability insurance.
Ninth Step: Obtain Business Licenses and Permits
Nonetheless, get a list of federal, state and local licenses and permits required for your business.
Tenth Step: Understand Employer Responsibilities
Last, learn the legal steps you need to take to hire employees.