Establish your presence globally with Neeyamo as we help you go beyond borders to manage your international payroll and hire new talent in Argentina.
Have you ever pondered the origins of a country's name? Argentina's name may not immediately reveal its meaning, but it becomes clear when you delve into its history. "Argentina" is derived from the Latin word "Argentum," which means silver. This name was bestowed upon the country when Spanish colonists stumbled upon vast silver deposits in the 16th century. Remarkably, the name endured even after Argentina gained independence, and it became one of the world's largest producers and exporters of silver. Beyond its silver wealth, Argentina boasts numerous other valuable resources, including its skilled workforce.
Do your organization’s expansion plans require you to hire employees in Argentina? Do you lack a physical entity in the country – a key requisite to hire local talent? Neeyamo – one of the top Global payroll providers, assists organizations worldwide with onboarding and managing employees in Argentina - processing payroll, managing local compliance requirements, benefits, and more.
Tools And Instances
Facts And Stats
Argentine Peso (ARS)
1 January - 31 December
Country Calling Code
Arabic, Italian, German, English, and French
What is Payroll?
Payroll means the list of compensation to be paid to employees of a company or organization for a set period or date. Global payroll companies allow organizations to outsource their payroll, allowing employers to focus on other aspects of their business.
What is Global Payroll?
Handling payroll for a widespread workforce can pose a significant challenge for any organization, and the added complication of compliance can make things worse. If companies spend more time processing payroll, it directly impacts day-to-day operations and their overall productivity. The solution to this is global payroll outsourcing. Global payroll processing is typically done with the assistance of an outsourced payroll provider.
What is a global payroll system?
Over the years, global payroll companies such as Neeyamo have observed these complexities and strived to provide global payroll solutions through a single technology platform – Neeyamo Payroll. Neeyamos global payroll systems ease the process for companies looking to outsource their global payroll requirements and aid them in maneuvering the tricky payroll system in Rwanda. Neeyamos payroll software provides the perfect solution for all your global payroll needs – for employees working in primary geographies, the long-tail region, remote or internationally located.
How is payroll calculated?
Neeyamo acts as your personalized Payroll Calculator. Ensuring adherence to local regulatory requirements using multi-level controls. Providing timely and accurate payroll, courtesy of our experts worldwide and using a tech-based integrated smart helpdesk solution with seamless support experience manned by payroll experts - Neeyamo has all your payroll needs covered.
Payroll tax is the percentage amount retained from an employee's salary and paid to the government to invest in the general population's welfare. These are statutory in nature and are levied from both the employer and employee. Additional statutory contributions are made by employers towards aiding both short-term and long-term benefits for their employees.
Pension Fund, Family Allowance Fund, and Social Services - 14%
Social health - 3%
Total Social Tax - 17%
|Up to ALL 30,000 per month||0%|
|ARS 64,532.64 - ARS 129,065.29||9%|
|ARS 129,065.29 - ARS 193,597.93||12%|
|ARS 193,597.93 - ARS 258,130.58||15%|
|ARS 258,130.58 - ARS 387,195.86||19%|
|ARS 387,195.86 - ARS 516,261.14||23%|
|ARS 516,261.14 - ARS 774,391.71||27%|
|ARS 774,391.71 - ARS 1,032,522.30||31%|
Effective from May 11, 2023, the maximum monthly tax-exempt amount is 506,230 Argentine pesos and the maximum additional deductible amount on income exceeding 506,230 pesos is 583,851 pesos.
Effective June 16, 2023, the maximum monthly tax-exempt amount for the 2023 complementary annual salary is 880,000 Argentine pesos and it was established that the additional settlement provision for the calculation and reimbursement of the excess withheld amount will be in two monthly, equal, and consecutive installments during June and July
Pension Fund, Family Allowance Fund, and Social Services - 19.50%
Social health - 6%
Total social tax - 25.50%
Undoubtedly, payroll is a critical process for any organization. The pay cycle in Argentina refers to the period for which an organization pays its employees, and this can vary depending on the pay frequency that the organization chooses to adopt.
Typically, employees are paid monthly within four days of the following month. For hourly employees, wages are paid either weekly or every two weeks.
13th Month Cycle
The 13th salary is payable in two installments, one before June 30 and the other before December 18.
What is Employer of Record?
An Employer of Record services / EOR services provider helps you eliminate the hassle of handling complexities while onboarding a new employee in an international location. They help bridge the gap that otherwise mandates organizations to have a local registered entity and a local bank account, prior to making a job offer to an international hire.
An Employer of Record services / EOR services provider acts as a legal employer, facilitates salary payments, and manages other statutory requirements such as health insurance, payroll taxes, and employee benefits, ensuring compliance with local tax laws and regulations.
This allows organizations to focus on collaborating with the employee in Rwanda for operational tasks, with the knowledge that they have a cost-effective solution to support their global payroll management & HR requirements as they continue their global expansion.
HR Mandates and Practices
Effective from June 1, 2023, the monthly minimum wage is 87,987 pesos, and the hourly minimum wage is 439.94 pesos.
The minimum unemployment benefit is 24,440 pesos, and the maximum unemployment benefit is 40,734 pesos.
Overtime hours should not exceed 3 hours per day, 30 hours per month, or 200 hours per year. Employees also receive an additional 50% for overtime and 100% for holidays or work performed after 1 PM on Saturdays.
If the work is performed between 21:00 and 06:00, the working day must not exceed seven hours, and employees who work shorter night shifts must be given the same salary as employees who work long day shifts.
Data Retention Policy
Tax records must generally be kept for a minimum of five years. Social security records should be kept for five years. All records regarding compensation and benefits must be kept for a minimum of five years.
Hiring and Onboarding Requirements
- It is prohibited to discriminate against employees based on sex, race, nationality, religion, marital status, political or trade union ideas, age, sexual orientation, disability, or physical appearance.
- Arbitrary discrimination, where employers make distinctions on unreasonable grounds, is prohibited. However, employers are allowed to make distinctions as long as they are based on objective criteria, such as productivity. As an integration tool, the Ministry of Labour and Social Security (MTEySS) has developed special programs and provided fiscal benefits and free advice for potential employers interested in hiring disabled employees for its staff.
- In addition, the only mandated preferences in hiring are established for the public sector under the quota system. It is mandatory for public agencies, state companies, and public enterprises that carry out public services for a minimum of 4 percent of their total personnel to be employees with a disability and 1 percent to be trans-persons over the total of their personnel.
If you are already a resident of Argentina or studied in your country of origin or current residence, a criminal record and validation of qualifications may be requested.
Along with this, the following documents, as well
- CUIL (copy),
- Last Form 1357 (Income tax), if applicable for the last fiscal year,
- (if applicable) Other employer's contract/payslip information in case of multiple employees,
- Social Health insurance option/join company,
- (if applicable, in charge of employee) to fill and declare in the AFIP Form. 572 (Personal Deductions for Income tax)
According to labor law, the first three months of a contract of employment are considered a probation period. During this period, either party may terminate the agreement at any time if it has been duly registered with the competent authority in charge of labor.
Paid leave is granted to workers who have completed at least six months of service with the same employer for over 12 months. Its length depends on the worker's seniority. It is 14 calendar days when the worker has less than five years of service, 21 calendar days from 5 to 10 years of service, 28 calendar days from 10 to 20 years of service, and 35 calendar days when the worker's length of service is 20 years or more.
There are 20 national holidays. Holidays that fall at the end of the week are moved to the following Monday.
National holidays whose dates coincide with Tuesday and Wednesday will be moved to the previous Monday. Those that coincide with Thursday and Friday will be transferred to the following Monday.
January 1: New Year
February 20: Carnival/ Shrove Monday
February 21: Carnival/ Shrove Tuesday/ Pancake Day:
March 24: National Day of Memory for Truth and Justice Holy Friday
April 2: Veteran's Day and the Fallen in the Malvinas War
April 6: Maundy Thursday
April 7: Good Friday
May 1: Labor Day
May 25: National Day/ May 1810 Revolution
May 26: Bridge Public Holiday
June 17: Commemoration of General Don Martín Miguel de Güemes
June 19: Bridge Public Holiday
June 20: Flag Day
July 9: Independence Day
August 21: San Martin Day
October 13: Bridge Public Holiday
October 16: Day of Respect for Cultural Diversity
November 20: National Sovereignty Day
December 8: Feast of the Immaculate Conception
December 25: Christmas Day
- For every 12-month period, an employee is entitled to a total of 14 days of sick leave. For the first seven days, Employees with less than five years of continuous service are entitled to 3 months of paid sick leave.
-Those with over five years of service receive six months of paid sick leave.
-Leave is doubled for those with dependents.
-When the period ends, the Employer should guarantee and hold for the employee, for one entire year, the same job position, without salary.
- At 100% of the regular pay rate and 50% for the remaining seven days. To be eligible for this leave, the employee must have completed at least two months of employment. Also, the employee must be able to provide a medical certificate.
- Maternity leave is a total of 90 days (about three months) and is typically split between 45 days (about one and a half months) before birth and 45 days (about one and a half months) post-birth, but not required.
- At least 30 days (about four and a half weeks) must be taken before birth.
- Upon the worker's request, pre-birth leave may be reduced to thirty days, in which case post-birth leave would be extended to 60 days (about two months).
Two days of paid paternity leave as per country laws.
Two days of paid paternity leave.
Effective from March 23, 2023, employees are provided childcare benefits until the children reach four years of age.
- Marriage Leave: 10 days (about one and a half weeks)
- Bereavement Leave: 3 days leave are given for the death of a wife, child, or parent, and one day for the death of a sibling.
- Examination for university or secondary school: 2 days at a time (with a cap of 10 total).
- 15 days' notice when the employee is in a trial period;
- one month's notice when the employee has worked for less than five years; and
- two months' notice when the employee has seniority that exceeds five years.
If the employer prefers not to give the prior notice, it must pay an amount equal to the corresponding period of prior notice.
The severance pay is different for voluntary and involuntary termination-
Termination based on the worker's conduct: No severance pay is due.
Termination based on economic grounds: An employer must give advance notice of the termination and make a severance payment, roughly equal to half a month's salary for each year of service.
Termination without just cause or without any cause at all: The amount of severance paid and compensation in lieu of notice is paid at twice the base rate (i.e., a 50% increase) if the employer fails to register the employment relationship.
Most employees planning to work in Argentina longer than 90 days will need a 23 A or 23 E visa. The 23 A visa applies to most people moving to Argentina for a salaried activity that lasts one year. If needed, employees can extend this visa for longer. The 23 E visa is specific to scientists, specialists, some managers, technicians, and administrative staff. Employees who fall into any of these categories may need to apply for a 23 E visa.
Certain ex-pats from South American countries, such as Brazil, Paraguay, and Uruguay, do not need to acquire any of the above visas. Citizens from MERCOSUR — the South American customs union — should go to their closest Argentine mission and ask about the MERCOSUR visa.
Requirements for Visa
The work visa requirements in terms of long-term employment must have the following important documents:
- Education certificates
- The employment contract with the Argentinian employer's signature validation and the company's registration number.
Applications are personal, and the applicant must submit the following documents (an original and a copy) at the Consular Office:
- Passport valid for at least six (6) months at the time of entering Argentina, with at least two (2) blank pages.
- Two (2) current 4 x 4 cm photographs facing the camera, printed in color on a white background
- Visa application form filled out (preferably in electronic format) and signed by the applicant
- Proof of address within the jurisdiction of the Consulate (such as a utility bill or other document that serves as proof).
- An apostilled or legalized certificate of good conduct issued by the competent authority of the countries where they resided for more than one year over the previous three years
- Commitment to tell the truth or Sworn affidavit of their lack of a criminal record in other countries, signed before the Consul.
- Employment contract signed by the employer and including the registration number of the contracting company with the National Registry of Petitioners on behalf of Foreign Applicants (RENURE). The signature of the company's representative must be certified by an Argentine Notary Public and the relevant Association of Notaries Public. The visa applicant must sign the contract before the Consul. If the host is not registered with RENURE, please call (54-11) 4317-0200/0303/0337 to complete the registration.
- Payment of migration fee
- Payment of consular fee: 250 US dollars or euros, depending on the Consular Office where the application is filed. The fee must be paid in the local currency of the Consular Office
- Consular interview
Employee Background Checks
Legal and Background Checks
An employer cannot perform a direct background verification of an employee since the employee's record is provided. The Criminal Records Registry is treated as privileged information that can only be accessed by the concerned person or their legal representative if they display a valid reason for the criminal certification. However, employers must be careful not to discriminate against certain candidates.
There are no specific legal restrictions on checks an employer may carry out on job applicants. The employer has the right to check the personal, educational, and criminal references of recruits if the dignity and privacy of the candidate are not affected; the employer should obtain the individual's consent to minimize interference with their privacy. Social media accounts are considered private and cannot be checked by prospective employers except with the permission of the candidate, who is taking steps to preserve their privacy. The employer does not have to obtain consent for general background checks and checks on health status, except for HIV tests.
Last updated on September 19, 2023
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