Hiring in Argentina with an Employer of Record (EOR)

Looking to hire employees in Argentina? An EOR can assist.

A diverse society home to a highly skilled workforce, Argentina is among South America’s largest economies. A G20 country, it is an important player in global trade negotiations and economic policies. 

With robust infrastructure and business-friendly average pay, Argentina is an attractive destination for many industries.

If you’re looking to expand your business’ presence in Argentina, an Employer of Record or EOR can help you get started quickly. You can bypass the complexities of establishing a local office or managing HR functions directly. 

An Employer of Record acts as the official employer for your workforce in Argentina, while you maintain control over everyday activities and staff management. 

Why choose an EOR for hiring in Argentina?

Startups, small businesses, and medium-sized enterprises suddenly facing a necessary global expansion usually lack the in-house expertise and resources to navigate such a quick pivot. 

Employers stand to gain by turning to an EOR to make new hires in Argentina.

An EOR lets you 

• Hire and onboard employees quickly, without having to set up an official business entity in a new country
• Eliminate exposure to risk associated with regulatory compliance since the EOR assumes the responsibility of employing on your behalf
• Offboard payroll, tax withholding, and benefits administration
• Alleviate the administrative burden associated with HR, compliance, and payroll management

An EOR acts as the legal employer for your Argentina-based workers, onboarding local employees, administering payroll, and managing benefits and taxes – all in compliance with local employment laws and your firm’s practices. 

In other words, with an EOR assuming core HR and compliance responsibilities, you can focus solely on growing your business in Argentina.

Choosing between an EOR and PEO in Argentina

To enter any new market quickly, including Argentina, two main options exist: One is an EOR, and the other is a professional employer organization, or PEO. The answer to which approach is best lies in the fundamental difference between an EOR and PEO.

An EOR is a clear choice for any employer whose objective is to delegate all risk for compliance with employment law in Argentina.

How to select the right EOR provider in Argentina

A few questions should guide an organization’s decision-making regarding which EOR is best. How does the EOR’s ability to comply with labor law in Argentina fare compared to the competition? What is the EOR’s quality of support? Can the EOR even cover Argentina? Not all can.

You must carefully consider several factors when selecting the right EOR. Choosing the wrong service can lead to compliance issues, unnecessary costs, and a negative experience for your new hires. 

Here’s what to look for:

• Legal compliance: The right EOR will have an in-depth knowledge of Argentina’s labor laws, worker protections, tax regulations, and localized benefits. Look for a proven track record and inquire about their experience handling situations specific to your industry. 
• Customer service: Does the EOR provide round-the-clock support and offer dedicated account managers for every customer? Multiplier offers 24/7 human-first support (no bots!) and has dedicated managers for every account. 
• Transparent pricing: Many EOR solutions have low entry costs but come with hidden fees or a confusing pricing structure. Make sure to get to the bottom of your EOR’s associated costs before making a decision.
• Total cost of ownership: It’s not always about finding the lowest price. After all, we all know that sometimes paying less can end up meaning paying more when it turns out the product is defective. When it comes to choosing an EOR, make sure you’re not scraping the bottom of the bargain barrel but investing in a product on a budget that doesn’t compromise on quality.

How EOR services work in Argentina

Step 1: Send that contract over

Once you’ve found the perfect candidate – and the perfect EOR – send them a locally compliant employment contract. New talent takes just minutes to get up and running as the result of the Multiplier’s automation of core HR functions. Multiplier can generate contracts that are fully compliant with Argentinian labor law in less than five minutes. You will be able to customize the terms of employment, including job responsibilities, working hours, remuneration, and termination conditions.

Once it’s ready to go, your EOR will send the contract securely and get it signed.

Step 2: Enhance compensation with competitive benefits

Want to add a competitive benefits package? Rather than sifting through local vendors yourself, the EOR will make it easy to choose from several packages that are locally prevalent. 

Step 3: Get all your documentation in order

Next, you’ll need to collect the new hire’s tax and banking information. If you’re using an EOR like Multiplier, that information will automatically be collected to set up payroll. All required documentation will be handled by Multiplier directly, ensuring a smooth process without paperwork hassles.

Onboarding employees in Argentina may seem daunting, but the truth is that an EOR makes it pain-free.

Step 4: Run payroll for employees based in Argentina

Running payroll for employees based in Argentina can be complicated as it involves understanding specific tax rates and contributions. Employing through an EOR like Multiplier’s ensures accurate and timely salary payments while handling all local taxes, contributions, and withholdings. With Multiplier’s global payroll solution, you can handle payroll for all your global employees in one place – rather than dealing with a tangle of local vendors.

Step 5: Manage your employees and leave HR compliance to the EOR

Multiplier handles all aspects of onboarding post-hire and ensuring that new employees in Argentina receive their first paycheck and each one thereafter on time and correctly calculated to comply with all benefits, taxes, and social contributions. 

Should an employee in Argentina require termination or leaves voluntarily, Multiplier handles all compliance in this regard, too.

Moving forward with Multiplier EOR in Argentina

An EOR is a strongly advisable option for any business that needs to expand quickly into Argentina. The organizational agility, operational efficiency, and risk mitigation that come with the decision to use an EOR are too great to ignore. 

Multiplier’s Employer of Record (EOR) services offer a comprehensive solution for expanding your workforce in Argentina. You can hire without needing to set up a global entity and then outsource core HR tasks.

Multiplier ensures smooth hiring, onboarding, and employee management processes, plus locally compliant contracts, managed payroll and taxes, and a range of customizable benefits tailored to local standards. 

In simple terms, no compliance headaches and a great employee experience.

Book a demo to see how Multiplier simplifies HR and compliance in Argentina.