Argentina
Make employment in Argentina easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Argentina, all in one easy-to-use platform.
- Capital City
Buenos Aires
- Currency
Argentine peso ($, ARS)
- Languages
Spanish
- Population size
45,457,630
Taxes in Argentina
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Argentina.
20.4% | Unified Social Security Contribution |
6% | Social health fund |
ARS 7,323 - Mandatory Health check (one time payment required to validate the employee's health before they start) |
Income tax is progressive in Argentina, so higher earners pay more. Employers must withhold the appropriate amount of income from employees’ paychecks. Employees and employers both contribute to social security.
Employers must contribute to the pension fund system, Medicare coverage, life insurance, and labor risk insurance for all their employees as part of social security. Rates are as high as 17% for the Pension Fund and 0.50% for life insurance.
Although Argentina does not have a payroll tax, employers must pay a corporate income tax. The country operates under a progressive tax system in which the income tax rate increases as an employee makes more money. It’s important to make sure you know where employees fall on this scale when setting up Argentina payroll.