Registration of a crypto company in Argentina requires careful study of the new legislative requirements and specifics of business registration procedures in the field of digital assets. One of the key stages: choosing a suitable legal form, as this determines the successful completion of the entire registration procedure and compliance with cryptocurrency market regulations.
Moving on to the next stage, let’s consider the criteria to take into account when choosing a legal form for a crypto business in Argentina.
How to Choose a Legal Form
For registering a crypto company in Argentina, entrepreneurs can choose between a public limited company (sociedad anónima, SA) and a limited liability company (sociedad de responsabilidad limitada, SRL). The decision depends on the scale of the business, requirements for corporate governance, and tax planning. SA is suitable for companies planning to attract investment and scale, while SRL is for flexible startup structures with minimal expenses.
The solution developed by COREDO involves a thorough analysis of the client’s goals, shareholder structure, and business model specifics. It is important to ensure proper registration of shareholders and directors, preparation of founding documents considering Argentinian corporate law requirements, and subsequent legitimation of digital financial instruments.
Virtual Office for Local Business
COREDO’s experience shows that the optimal combination of virtual and physical presence allows reducing costs and ensuring compliance with UIF requirements without unnecessary expenses.
Cryptocurrency License in Argentina – How to Obtain?
A cryptocurrency license in Argentina is a necessary permission for legally conducting business with digital assets under strict market regulations and following international standards. The process of obtaining it requires strict compliance with local regulations, a careful approach to legal entity formation, and preparation of a complete document package. Next – how exactly to submit documents for obtaining a cryptocurrency license.
How to Submit Documents?
The first stage is the collection and preparation of a document package for the cryptocurrency license in Argentina. It includes: founding documents, AML/KYC policies, the crypto company’s business plan with a description of the business model and management structure, details of beneficiaries, passports, and resumes of directors, confirmation of authorized capital. Particular attention is paid to detailing client identification procedures (KYC) and internal transaction monitoring.
How to Pass a Regulator Check
Appointing a competent compliance officer, responsible for implementing and controlling AML/KYC procedures, plays a key role in this process.
Compliance Officer: Appointment and AML/KYC
The appointment of a compliance officer is a mandatory requirement for all VASP in Argentina. This specialist is responsible for implementing and controlling AML/KYC procedures, monitoring transactions, preparing reports, and interacting with regulators. In practice, COREDO recommends integrating the compliance officer into the company structure at the document preparation stage to ensure continuity of internal control and due diligence processes.
Timeframes and Cost of Obtaining a License
COREDO offers flexible consultations on licensing, allowing cost optimization and process acceleration through pre-prepared document templates and established procedures for interaction with UIF.
| Stage | Description | Key Documents | Duration | Notes |
|---|---|---|---|---|
| 1. Registration of Legal Entity | Choosing a form (SA/SRL), registration in the registry | Founding documents | 2-3 weeks | Virtual office permissible |
| 2. Document Package Preparation | AML/KYC policies, business plan, management details | AML/KYC, business plan, passports | 2-4 weeks | Appointment of compliance officer |
| 3. Application Submission | Application to UIF, fee payment | All of the above | 1-2 weeks | Due diligence check |
| 4. Interaction | Responses to regulator inquiries, interviews | As required | 2-6 weeks | Additional questions possible |
| 5. Receipt of License | Entry into the VASP registry | 1 week | After approval |