Argentina

Ease of Doing Business in

Argentina

This page summarizes Doing Business 2013 data for Argentina. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Latin America & Caribbean
Income Category Upper middle income
Population 40,764,561
GNI Per Capita (US$) 9,740
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
124 116 down -8

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
53.3 54.8 down -1.5
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 154 150 up -4
Dealing with Construction Permits 171 172 up 1
Getting Electricity 74 72 up -2
Registering Property 135 137 up 2
Getting Credit 70 67 up -3
Protecting Investors 117 114 up -3
Paying Taxes 149 147 up -2
Trading Across Borders 139 103 up -36
Enforcing Contracts 48 46 up -2
Resolving Insolvency 94 88 up -6

Economy Profile

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Starting a Business

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The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 154 DB 2012 Rank 150 Change in Rank down-4
DB 2013 DTF** (% points) 69.8 DB 2012 DTF** (% points) 69.5 Improvement in DTF** (% points) up0.3
YearNew business densityNumber of new limited liability companies
2009 0.4611,924
Indicator Argentina Latin America & Caribbean OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology Procedures (number)
14 9 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology Time (days)
26 53 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology Cost (% of income per capita)
12.3 33.7 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology Paid-in Min. Capital (% of income per capita)
5.7 3.7 13.3
No. Procedure Time to Complete Associated Costs
1 The name of the company is verified by the Office of Corporations (Inspección General de Justicia) (IGJ) 1 day ARS 75
2 Certify signatures of partners by a notary public 1 day Aproximately ARS 750 (cost of 5 notarized signatures . VAT excluded)
3 Deposit initial capital in National Bank (Banco de la Nación Argentina) and obtain proof of payment 1 day ARS 30 (VAT excluded )
4 Publish the new company’s notice in the official paper (Boletín Oficial) 1-3 days approximately ARS 2,035 (expedited publication fee)+ ARS 100 (legalization of signature)
5 Payment of the incorporation fee 1 day ARS 30
6 Registration with the Public Registro of Commerce of the City of Buenos Aires 5 days ARS 1000 for expedited procedure
7 Buy special books 1 day fees included in procedure 8
8 Get a form from the Public Notaries College and have a notary public submit the company books for rubrication by IGJ 5 days ARS 1,270
9 Corporate manager needs to obtain a Fiscal Code (Clave Fiscal) 1 day no charge
10 Obtain a tax identification number (CUIT) from the National Tax Office (Administración Federal de Ingresos Públicos, AFIP) and register for social security 4 days no charge
11 Register turnover tax at local level at the Dirección General de Rentas (DGR) in the City of Buenos Aires 1 day ARS 50
12 Register with the Sistema Unico de Seguridad Social (SUSS) 1 day no charge
13 Contract an insurance for employees with a risk labor company (ART, Aseguradora de Riesgos del Trabajo) 1 day no charge
14 Rubricate books of wages in the Ministerio de Trabajo (Ministry of Labor) 1 day ARS 75

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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