The #1 alternative
Commenda vs TMF Group vs Biz Latin Hub
In Argentina a foreign-owned company needs a resident legal representative. All three set it up. The cost comes after.
Comparison at a glance
TMF Group and Biz Latin Hub deliver Argentina through a quote and a local relationship. Commenda runs four suites across 70+ countries, so one platform takes you from your Argentina S.A.S. to a full multi-country group.
Commenda
Global entity management with complete compliance. Sets up your Argentina S.A.S. and runs it alongside entities in 70+ countries, with consolidation and transfer pricing.
TMF Group
Global corporate service provider, in Argentina since 2005. Incorporation, legal and tax representative, secretarial, accounting, tax, HR and payroll. Quote-based. Good for an enterprise that wants a traditional per-country advisor.
Biz Latin Hub
Regional corporate service provider across Latin America. Argentina company formation, legal representative, fiscal address, accounting, recruitment. Quote-based. Good for a Latin America expansion with one regional firm.
Feature comparison
Why we do it better
 | TMF Group | Biz Latin Hub | |
|---|---|---|---|
| Starting price (foreign co. registration) | $2,500 one-time | Quote-based | Quote-based |
| Subsidiary S.A.S. incorporation | $375 | Quote-based | Quote-based |
| Resident legal representative | |||
| Registered legal address | |||
| Tax ID (CDI/CUIT) for foreign owners | |||
| VAT (IVA) registration & filing | |||
| Ongoing accounting & corporate income tax | |||
| Transfer pricing (cross-border + CbCR) | Advisory | ||
| Multi-entity consolidation / audit trail | Partial | ||
| Manage entities in other countries | |||
| 100+ ERP integration support | |||
| Transparent, listed pricing | |||
| Jurisdiction reach | Global, 70+ | Global | Latin America |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$2,500one-time, foreign co. registration
- Base package around $4,685 one-time (S.A.S. incorporation $375, notary $310, share transfer $500, certified translation ~$1,000); excludes Argentina's 21% VAT
- Resident legal representative $20,000/yr, registered legal address $1,500/yr
- Argentina set up and managed, plus transfer pricing and consolidation; customers typically retire 3 to 5 vendors
TMF Group
Quoteno public price list
- Incorporation, legal and tax representative, secretarial, accounting, tax, HR and payroll
- Global reach delivered per country through local offices and a custom quotation
Biz Latin Hub
Quotefree quote on request
- Argentina company formation, legal representative, fiscal address, accounting, recruitment
- Regional reach across Latin America
How each model works
What's the difference?
How TMF Group and Biz Latin Hub stack up against Commenda for entity management in Argentina.
Commenda: Argentina managed as part of your global group
- Sets up the S.A.S. (foreign company registration, subsidiary incorporation, Tax ID, legal representative, registered address)
- Then runs VAT (IVA), corporate income tax, statutory accounts, and transfer pricing
- Consolidates Argentina with your entities in 70+ countries, one audit trail, listed prices
TMF Group: enterprise advisory delivered per country
- Full CSP service, legal and tax representative, accounting, payroll
- Global footprint through local offices
- Quote-based per engagement; consolidation across the group is partial and project-led
Biz Latin Hub: regional Latin America firm
- Company formation, legal representative, fiscal address, accounting
- Strong across Latin America
- No cross-border consolidation or transfer pricing outside the region
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in Argentina.
Choose Commenda if…
- You operate in Argentina and at least one other country
- You want Argentina managed alongside the rest of your group, with consolidation
- You want registration, S.A.S. incorporation, legal representative, VAT, accounting, and transfer pricing in one place, at listed prices
Choose TMF Group if…
- Argentina is a standalone enterprise engagement and you want a traditional per-country advisor
- You are comfortable with a custom quote and an advisory relationship
Choose Biz Latin Hub if…
- Your expansion is concentrated in Latin America
- You want one regional firm for formation and local compliance
Common questions
No. Argentina does not require a local director. It does require a resident legal representative: an Argentine resident with a local Tax ID who represents the company before the authorities and signs a notarized acceptance. Commenda, TMF Group, and Biz Latin Hub all provide this.
It is the single largest recurring cost in Argentina because the representative takes on personal regulatory responsibility. Commenda's resident legal representative is $20,000/year. TMF Group and Biz Latin Hub quote per engagement.
For a single standalone Argentina engagement, a per-country advisor like TMF Group or a regional firm like Biz Latin Hub can quote for a one-off setup. Commenda is the better fit for a cross-border group: it manages Argentina alongside entities in other countries, with transfer pricing and consolidation, at listed prices.
Yes. Every Argentine company must declare a registered legal address, and a Declaration of Legal Address is part of the incorporation filing. A registered or virtual office is sufficient. Commenda provides one for $1,500/year.
About two months end-to-end, across four stages: reception of apostilled and translated foreign documents, foreign company registration, subsidiary registration, and transfer of shares to the foreign parent. Documents must be apostilled and translated into Spanish, and the Certificate of Good Standing must be under 6 months old.
100 questions, from real customer calls.
The questions finance teams actually ask about entity management: EINs for non-residents, Delaware vs Wyoming, cleaning up the entities a previous provider left behind, and more. If you're looking for something, you'll find it here.
