Argentine Companies/Foreigners

MikeB12

Registered
This might have been touched upon before, if it has please direct me there.

I basically want to know, if I start an Argentine company with two other Argentine citizens can I be the majority owner of the company, while just having a tourist visa?

Thanks.
 

citygirl

Registered
No problem with foreign ownership but the director of the company must have residency (at least temporary). So you wouldn't be eligible to be a director.
 

MorganF

Registered
Yes, you can; but Argentine citizens need to own at least 5% (I believe; might be a bit more or less) of the company.

I've set up some companies here (as an American on a tourist visa). Let me know if you have any questions about the process or want any recommendations.

morgan
 

citygirl

Registered
MorganF said:
Yes, you can; but Argentine citizens need to own at least 5% (I believe; might be a bit more or less) of the company.
Not true - company can be entirely foreign owned (or at least an SRL can).
 
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