Foreign Investments in Argentina

Investing in Argentina is now a lucrative option. There are several reasons to support this statement. Argentina was considered an expensive country. That was in the nineties but the things have changed after as the government devalued peso in 2002, after the country faced the worst economic crisis of its times.

Today the foreign companies are treated at par with the local companies operating in Argentina and this is what making Argentina appealing for the investors.

Why you should invest in Argentina?
Argentina has a free market economic system. It is a democratic country and the laws there treat the foreign and local firms equally. Thus the foreign firms don't have to practice and work under a definite set of rules laid down exclusively for them as it happens in many foreign shores. Therefore the foreign firms can enjoy an access to the large population of prospective customers and give a stiff competition to the local firms.

In Argentina foreign firms are encouraged to invest in broadcasting, newspaper, magazines, cables, petroleum, nuclear power generation and nuclear mineral mining. To motivate the firms for investment the procedure of investment is kept simple which does not involve lengthy paper works or approval from the authorities.

The foreign firms are also given unrestricted access to the financial markets and moreover they don't have to take the approval of any government department or the central bank to transfer the profits form Argentina to their nations. The foreign firms like the local firms are eligible to apply for the economic development incentive programs.

The foreign firms are also given tax exemptions but like local firms they have to meet some tax liabilities. The tax liabilities are assessed on the basis of the consumption and export.

The foreigners are treated equally at par with the local citizens and hence have the same civil rights as the citizens of Argentina. The foreign investors can thus open a joint venture, Limited Liability Company, branch office, sole proprietorship or a stock company.

Thus with the reduced paperwork involved for opening a branch and the freedom to relocate their profits to any of their desired location at any time are some of the benefits which make Argentina an appealing destination for investment.

If you wish to open a branch or start your business in Argentina then find out about the documentation and the requirements that you need to fulfill in order to start your business or investment. For this approach the local authorities giving such services. Choose a bilingual staff to start off with the process and avoid any complications due to misunderstanding.