SAS (simplified corporation)
Last verified: 24 Oct 2026 · Status: Changing
The SAS was created by Law 27.349 in 2017 for fast, digital incorporation. In the City of Buenos Aires it is filed 100% online through the TAD platform. Minimum capital is two minimum wages, about ARS 726,000 (about US$464) at the reported May 2026 minimum wage. IGJ General Resolution 11/2026 removed the mandatory pre qualification opinion from 23 Sep 2026.
Peso amounts are converted at the dólar MEP (bolsa) selling rate of ARS 1,563.90 per US$ on 23 Oct 2026 (source: dolarapi.com, MEP quote). Conversions are indicative and move daily.
Key rules
- Shareholders. One or more individuals or companies. An SAS cannot be controlled by or be part of companies under article 299 of Law 19.550.
- Capital. At least two minimum monthly wages (SMVM). 25% paid at incorporation, the rest within 2 years.
- Digital. Online instrument with digital signature; digital books without rubrication; CUIT obtained automatically; Boletín Oficial notice published automatically (IGJ and Law 27.349).
- Purpose. Plural purposes allowed; RG IGJ 11/2026 widened this and added electronic seat, arbitration clauses and digital instruments.
- Timeline. IGJ states registration within 72 hours, or 24 hours when there are no observations. The official investor guide reports 10 to 11 business days end to end.
Step by step
- Shareholders and directors obtain Argentine digital signature or TAD access (foreigners need a CUIT or CDI first).
- Reserve the name.
- File the incorporation form on TAD with model or custom bylaws.
- Pay fees and deposit capital as required.
- Receive registration, CUIT and digital books.
International comparison
| Jurisdiction | Incorporating a standard limited company: official fee and channel |
|---|---|
| Argentina | SAS: online on TAD, 24 to 72 hours per IGJ source |
| US (Delaware) | US$109 minimum filing fee for a stock corporation; 24 hour expedite US$50 source |
| UK | £100 online, usually within 24 hours source |
| Canada | C$200 online; standard online processing one business day source |
| Chile | Free online constitution in the Registro de Empresas y Sociedades (Tu Empresa en un Día) source |
| Uruguay | Empresa en el Día closed to new incorporations from 1 Jan 2026 (Decree 212/025) source |
| Brazil | Not yet sourced |
| Singapore | S$15 name application plus S$300 incorporation via BizFile source |
| Estonia | €265 state fee, online with Estonian e-ID or e-Residency source |
Government fees only, from each official registry, checked 24 Oct 2026. Registered agent, notary and lawyer costs are excluded. Brazil not yet sourced.
Practical traps
- Foreign shareholders still need article 123 registration and apostilled documents, which removes much of the speed advantage.
- Some provinces apply the SAS regime differently or more slowly.
Recent changes
- 23 Sep 2026. RG IGJ 11/2026 removed pre qualification, repealed 33 articles of RG 15/24 and 6/17, and repealed RG 3/20 and 11/24.
Minimum capital depends on the current SMVM. The ARS 363,000 figure is the reported May 2026 value; check the latest wage council resolution.