Argentina

Currency
Argentine peso (ARS)
Payroll Frequency
Monthly
Employer Taxes
26.05% and Life Insurance

About 

Argentina

Argentina, a country located in the continent of South America, is the world's eighth-largest country. Argentina has a population of 45.4 million people. The capital city of Argentina is Buenos Aires.

Overview

Population
44.94 million
Language
Spanish
Capital
Buenos Aires
Currency
Argentine peso (ARS)
Country code
+54
Min wage
$29,160 ARS
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
48 hours per week

Payroll

Cycle
  • Representatives who work consistently are paid month to month and should be made inside 4 days of the next month.
  • For hourly workers, compensation is paid either week by week or at regular intervals.
Avg employer tax

26.05% and life insurance

Taxation

Tax breakdown - Employer
  • Business Payroll Contributions: 12.0%
  • Pension Fund: 6.0%
  • Social Security: 6.0%
  • Health Insurance: 2.05%
  • Work Risk Insurance: 19.03 ARS (fixed sum changed consistently)
  • Life Insurance 26.05% and Life Insurance Total Employment Cost
VAT

5%

Holidays / PTO

Public holidays
  • January 1: New Year’s Day
  • February/March: Carnival
  • April 2: Malvinas War Veterans Day
  • Thursday before Easter ('Jueves Santo’) - March 29 in 2018; April 18 in 2019.
  • Good Friday (‘Viernes Santo’) - March 30 in 2018; April 19 in 2019.
  • May 1: Labor Day
  • May 25: Revolution Day
  • June 17: General Martín Manuel de Güemes Memorial Day
  • June 20: General Belgrano Memorial Day (sometimes known as Flag Day, celebrating the creation of Argentina's national flag)
  • July 9: Independence Day
  • December 8: Day of the Immaculate Conception
  • December 25: Christmas Day
Sick days
  • Workers with under 5 years of persistent assistance are qualified for 90 days of paid wiped-out leave.
  • Those with more than 5 years of administration get a half year of paid wiped-out leave. Leave is multiplied for those with wards.
Maternity leave
  • Maternity leave is a sum of 90 days and is ordinarily divided between 45 days before birth and 45 days post-birth.
  • At least 30 days should be taken before birth
Paternity leave
  • Fathers get 2 days of paid paternity leave

Termination

Termination Process
  • Termination must be justified and with notice, unless it is through mutual agreement, due to economic factors, or the employee has not been fulfilling work or has performed serious misconduct.
Notice Period
  • Employers must provide notice, except in certain circumstances such as misconduct. Employees who have served for over three months but under five years must give one month’s notice.
  • Employees who have served over five years must give two months' notice.
Severance Pay
  • Employees are entitled to one month's salary for each year of employment upon termination (reducing to half a month's salary for each year worked if the termination is for economic reasons.
Probation Period
  • 3 months

Tax Calculation

*
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AR
*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

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Argentina

Currency
Argentine peso (ARS)
Payroll Frequency
Monthly
Employer Taxes
26.05% and Life Insurance

About 

Argentina

Argentina, a country located in the continent of South America, is the world's eighth-largest country. Argentina has a population of 45.4 million people. The capital city of Argentina is Buenos Aires.

Overview

Population
44.94 million
Language
Spanish
Capital
Buenos Aires
Currency
Argentine peso (ARS)
Country code
+54
Min wage
$29,160 ARS
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
48 hours per week

Payroll

Cycle
  • Representatives who work consistently are paid month to month and should be made inside 4 days of the next month.
  • For hourly workers, compensation is paid either week by week or at regular intervals.
Avg employer tax

26.05% and life insurance

Taxation

Tax breakdown - Employer
  • Business Payroll Contributions: 12.0%
  • Pension Fund: 6.0%
  • Social Security: 6.0%
  • Health Insurance: 2.05%
  • Work Risk Insurance: 19.03 ARS (fixed sum changed consistently)
  • Life Insurance 26.05% and Life Insurance Total Employment Cost
VAT

5%

Holidays / PTO

Public holidays
  • January 1: New Year’s Day
  • February/March: Carnival
  • April 2: Malvinas War Veterans Day
  • Thursday before Easter ('Jueves Santo’) - March 29 in 2018; April 18 in 2019.
  • Good Friday (‘Viernes Santo’) - March 30 in 2018; April 19 in 2019.
  • May 1: Labor Day
  • May 25: Revolution Day
  • June 17: General Martín Manuel de Güemes Memorial Day
  • June 20: General Belgrano Memorial Day (sometimes known as Flag Day, celebrating the creation of Argentina's national flag)
  • July 9: Independence Day
  • December 8: Day of the Immaculate Conception
  • December 25: Christmas Day
Sick days
  • Workers with under 5 years of persistent assistance are qualified for 90 days of paid wiped-out leave.
  • Those with more than 5 years of administration get a half year of paid wiped-out leave. Leave is multiplied for those with wards.
Maternity leave
  • Maternity leave is a sum of 90 days and is ordinarily divided between 45 days before birth and 45 days post-birth.
  • At least 30 days should be taken before birth
Paternity leave
  • Fathers get 2 days of paid paternity leave

Termination

Termination Process
  • Termination must be justified and with notice, unless it is through mutual agreement, due to economic factors, or the employee has not been fulfilling work or has performed serious misconduct.
Notice Period
  • Employers must provide notice, except in certain circumstances such as misconduct. Employees who have served for over three months but under five years must give one month’s notice.
  • Employees who have served over five years must give two months' notice.
Severance Pay
  • Employees are entitled to one month's salary for each year of employment upon termination (reducing to half a month's salary for each year worked if the termination is for economic reasons.
Probation Period
  • 3 months

Tax Calculation

*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
AR
*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation