Managing employees and payroll in Argentina can be challenging. With evolving regulations and new requirements each year, it’s important to stay ahead of changes to avoid compliance issues.
There are many labor and payroll considerations when doing business in Argentina. There is no payroll tax in Argentina, but employers must register employees for tax and social security purposes with the Federal Administration of Public Revenue before beginning payroll. The minimum wage as of 2019 was 12,500 pesos per month, but is subject to change each year.
Employment contracts are open-ended, but can be fixed-term based on the work being performed. There are laws regulating trade unions and collective bargaining agreements, so it is important to be informed of these regulations if your business will be affected by those regulations.
Foreign workers intending on working in Argentina need to apply for temporary residence permits. Employers must file with the National Direction of Migrations, and once the permit has been accepted, the entry permit is sent to the Argentine consulate in the home country of the applicant. There is currently no limit on the number of foreign workers in the labor force in Argentina.
To get started in Argentina, or to simplify payroll and compliance, talk to us. Blue Marble has created global payroll technology with customized reporting so you can view your payroll in real-time across all countries and currencies. You also have a US-based service team and access to in-country experts to help when questions come up. Let us simplify your global payroll and compliance – click here to get started