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Jurisdiction · moderate risk · counsel priority 3

Argentina

Cepo cambiario (capital controls) creates FX-derivative characterization risk for offshore-USDC + local-peso flow

Property mapping

Provincial servidumbre ecológica  ·  CCyC 2014 (Código Civil y Comercial), Articles 2162–2183 (servitudes)

Recording office

Provincial Registros de la Propiedad Inmueble

  1. Buenos Aires-based counsel drafts servidumbre with provincial co-counsel
  2. Apostille + traductor público for foreign-LLC documents
  3. IGJ registration of foreign LLC under Law 19.550 Articles 118 vs 123
  4. CUIT obtained for tax compliance
  5. Provincial registration with stamp tax

Corporate wrapper options

  • Marshall Islands DAO LLC + IGJ-registered representante legal
  • Argentine fundación as alternative wrapper holder

Charitable structure

Fundación under Law 19.550; AFIP General Resolution 2.681/2009 for charitable exemption

Income-tax deductibility

Limited; Impuesto a las Ganancias deduction with fundación-channeled gift

Crypto regulation

CNV PSAV registry under GR 994/2024 + Law 27.739; AFIP Resolution 4.614/2019; BCRA stablecoin restrictions

Indigenous considerations

Constitutional Art. 75 inc. 17; Law 23.302; INAI coordination required for indigenous-territory deployments

Risks

  • Cepo cambiario reimposition (high) — Capital controls block cross-border revenue flows; affects all Argentine deployments
  • FX-derivative recharacterization (high) — BCRA may characterize offshore-USDC + peso-distribution as synthetic FX forward
  • Provincial OTBN compliance (moderate) — Federal forest-zoning law variance per province
  • Political volatility (moderate) — Regulatory environment shifts with administrations