Why Set Up Your Business in Argentina?
Are you planning to set up your business in a new country? Are you on the lookout for the best country for setting up your business that offers the best policies and environment? If you have made a list of probable countries, consider adding business in Argentina to it.
Argentina, the second largest economy of South America is a well developed economy. The primary industries in the country include tourism, communication technology, information technology and agriculture. More and more companies and businesses are moving to Argentina every year because of its favorable business environment and policies. Here are the reasons why you should consider Argentina for setting up your business.
Better Job Market
If you plan to hire highly talented and skilled individuals once you set up your business, Argentina offers them and in great numbers. You will be pleased to know that there is a highly talented and skilled top level IT workforce in the country. Since the internal job market of the country is not yet been exposed well, you can get top notch individuals for various jobs. Also, education level in Argentina is very high which proves why there is such a large workforce that has quality education and related experience.
You will also not have to worry about communication here in Argentina as majority of the population speaks and understand English.
All of Latin America and especially Argentina are safe and stable regions. If you are comparing it with the eastern countries and those in Asia, it is definitely a better choice as Argentina is free from political, economic and social instability. There are no major threats faced by the country and is very stable.
Closer Time Zone
Argentina is a great asset as it has almost the same time zone as that of the US as compared to the eastern countries. This can come in really handy if you are planning to set up a business that requires constant communication and team work and you have employees working in other countries as well. It will allow you to have shorter communication circles, better integration between teams and easy to communicate live.
Although there are many benefits of setting up a business in Argentina, there are some drawbacks of it as well. The tax system of the country is complex and changes often. Therefore, it is better to have an expert advice in this area. There also are some legal requirements that need to be met before setting up your business which you should know about. It can be difficult for a company to enter a country that is entirely new to them. The people of Argentina are, however, very welcoming, tolerant and kind. There is not only a great economical and business environment offered by Argentina but you will also get all the commodities of life in this country. The country is definitely a good and safe option if you want to set up your business.
These are enough reasons for you to consider setting up business in Argentina. For further information and guidance regarding the procedures, send an email to [email protected] or visit Biz Latin Hub’s Website.