Argentine Startups with a US Entity: What the BCRA Says and How to Run Your Dollar Operations (2026)

What the US entity changes, and what it does not

This section summarizes rules in force, links to the official source (most of the Argentine ones are in Spanish), and was checked on October 9, 2026. Argentine exchange rules change often: check the current version before deciding anything, and decide with a professional.

For the BCRA: the company is not a resident; people are

The BCRA's consolidated foreign-exchange rules, "Exterior y Cambios" (version as of September 14, 2026) define residence in section 6.5:

• A legal entity is a resident of the country where it is incorporated. The rule does not look at shareholders: a company incorporated in the US is not an Argentine resident for exchange-control purposes. The exception is branches: a branch registered to carry on business regularly in Argentina would be a resident.
• An individual is a resident of the country where their center of economic interest or main activity is, and is presumed resident in a country if they stay, or intend to stay, there for at least a year. If you live and work in Argentina, you are normally a resident, even if the company you founded is in Delaware.

The practical consequence is in section 2.2: payments received by residents for services provided to non-residents must be brought into the country and sold on the foreign-exchange market within 20 business days. Individuals are exempt from selling the currency for pesos when, among other conditions, the funds are credited to a foreign-currency account in their own name at an Argentine financial institution. For the BCRA, the US company's own collections are not subject to that obligation; what the company pays to people who live in Argentina may be. More on that below.

For the tax authorities: residents' obligations are still there

• Argentine income tax applies to residents' worldwide income (Income Tax Law, 2019 consolidated text, art. 1).
• The law defines a permanent establishment (art. 22), and its cases include a place of management or administration in the country. If the foreign company is run from Argentina, have a professional assess that risk.
• Art. 130 provides that, in certain cases, the income of foreign entities is attributed to their resident shareholders — what is usually called international fiscal transparency. Whether it applies to you depends on the structure and the type of income.
• Shares and interests in foreign companies are assets located abroad for the personal assets tax (Law 23,966, Title VI, art. 20).

And on the US side

• The company has its own IRS obligations. A C-corp files Form 1120 whether or not it has taxable income (Form 1120 instructions). A company that is at least 25% foreign-owned may have to attach Form 5472 if it had reportable transactions with related parties; for a single-member LLC owned by a foreign person, that comes with a pro forma Form 1120 (Form 5472 instructions).
• Beneficial ownership reporting to FinCEN no longer applies to companies created in the US. The exemption was introduced in March 2025, and the final rule effective August 14, 2026 made it permanent (FinCEN). That does not change what banks and fintechs ask for: whoever opens an account for you will ask for the beneficial owners, and so do we.
• If the company pays contractors outside the US, the usual practice is to collect Form W-8BEN from individuals or Form W-8BEN-E from entities, which according to their instructions are not sent to the IRS: the payer keeps them. Confirm it with your accountant. More context in how to pay contractors in Latin America.

The company's operating account, step by step

Before the procedure, what you need to judge it fairly: D-ONE CASH is a software platform. Custody and movement of funds are provided by regulated third parties through their own infrastructure. It is not a bank, and balances are not FDIC insured or covered by any equivalent scheme. The risks, plainly, in is it safe to keep money in stablecoins.

1. Check availability. In the US we provide service except where the residential address or principal place of operation is in New York or Texas; that address is what counts, not the state of incorporation. Argentina is not on today's list of countries where we cannot operate, but the list can change: check availability by country before you subscribe.

2. Verify the company. Business verification (KYB) is separate from personal verification (KYC): completing one does not complete the other. It asks for the company's legal name, a company email different from your personal one, corporate documents and the ultimate beneficial owners, each of whom gets their own verification link. The form must be completed in a single session, so get the documents ready with the guide's checklist. Verification may not be approved.

3. Pick a plan. There is no free plan, and the subscription is charged before the account becomes operational and is not refunded once the billing period has started. Per-operation fees are the same on every plan.

	Startup	Growth
Price	149 USD/month (1,490 USD/year)	349 USD/month (3,490 USD/year)
Users and employees	Up to 10	Up to 50
Monthly volume	Up to 200,000 USD	Up to 400,000 USD
Payroll	Team payments from the panel	Plus scheduled payroll and CSV batch payments
Reporting and team	Basic reports	Plus differentiated roles, PDF account statements, accounting report and analytics

To operate above 15,000 USD a month we will ask for additional documentation, in the account holder's name, supporting the activity and financial capacity; while it is reviewed the available volume may be lower, and the outcome is not guaranteed. Full catalog on the plans page.

4. Collect from clients. Recurring collections generate reusable USD deposit instructions over ACH — with an optional fixed amount — that you send to each client. The reference is mandatory: it links their payment to your collection, so ask them to include it exactly as shown on every transfer. Copy the details when you create them, because the panel does not keep a list of templates. Each payment is credited as USDC with a 1.00% deposit fee: 100 USD on a 10,000 USD invoice.

5. Fund it from your bank, if you already have one. If the company already has a US bank account, it can top up by transferring to the dollar details the app generates, with the same deposit fee. Card top-ups are not available for now.

6. Pay suppliers and contractors. Sending USDC on the Base network to the recipient's wallet costs 0.40%, with no minimum; we cover the network fee on sends, and they usually complete in under 2 minutes. Paying a contractor 2,000 USD costs 8 USD. Before paying anyone for the first time, confirm in writing that their address accepts USDC on the Base network: any other asset or network can mean losing the funds. More in which network to send USDC on.

7. Withdraw to a US bank. Over ACH, for amounts from 20 USD, with a 1.50% fee; withdrawals are processed in 1–2 business days.

The fees in this guide are those in force in October 2026. The actual fee is always shown before you confirm each operation, and the deposit fee next to the account details, before you share them. Full table on the fees page.

Paying team members who live in Argentina: what to know

This is the point to stop and think before you build the workflow.

What the platform does. In Employees you add each person; they get their own verification link and, once approved, their own wallet. From Payroll you pay them in dollars, which arrive as USDC, with a 0.40% fee per payment. For one-off suppliers, a direct send to their wallet works the same way. How the module works, in stablecoin payroll.

What it does not do. Paying through the payroll module does not make anyone an employee, nor turn a contractor into something else, nor change their obligations. And for people who live in Argentina there are two concrete limits:

• They have their own foreign-exchange obligation. If they work for the company as contractors, what they receive may be, for the BCRA, a payment for services provided to a non-resident, subject to the window of up to 20 business days described above. If the relationship is something else, a professional determines how it is treated. A D-ONE CASH wallet is not an account at an Argentine financial institution, and this guide does not claim that getting paid in USDC satisfies that obligation.
• Today the platform has no route to Argentine banks or to the Argentine exchange market. There is no peso rail, in or out. Peso withdrawals to Argentine banks are listed as "coming soon", with no date or fee announced. How each person meets their obligation is something to settle with their own adviser, before they get paid.

If part of your team lives in other countries, the picture changes country by country: today you can withdraw to banks in Mexico, Brazil and Colombia, among others. The full route, with costs, is in how to pay contractors in Latin America.

What this guide does not do

It is not legal, tax, accounting, foreign-exchange, financial or investment advice. It does not tell you whether a US entity suits you, which kind, how to engage your team, or how to report anything in either country. Those decisions depend on your structure, your shareholders and your income, and belong with a lawyer and an accountant who know both Argentine and US rules.

What this account does bring to that conversation is traceability: every send and every withdrawal request generates an email receipt, transactions appear in Activity, and from Reports you can export recent transactions as CSV.

Frequently asked questions

Is a US company with Argentine shareholders an Argentine resident for the BCRA?

No. The BCRA's foreign-exchange rules treat a legal entity as a resident of the country where it is incorporated, regardless of its shareholders; branches registered in Argentina are the exception. Shareholders and team members who live in Argentina, on the other hand, are normally residents, with their own obligations.

Does a US entity remove my obligations in Argentina?

No. People who live in Argentina keep their foreign-exchange obligations, such as the deadline to bring in payments for services provided abroad, and their tax obligations: income tax on worldwide income, the personal assets tax on interests in foreign companies and, if the company is managed from Argentina, the permanent establishment question. How it affects you is for your accountant to determine.

Which plan does a startup need?

Startup (149 USD/month) covers up to 10 users and employees, recurring collections and team payments from the panel. Growth (349 USD/month) raises the limit to 50 and adds scheduled payroll, CSV batch payments, differentiated roles and accounting reports. Per-operation fees are the same on every plan.

Can I pay my team in Argentina with D-ONE CASH?

The platform lets you pay them in dollars, which arrive as USDC in their wallet, but today it has no route to Argentine banks or to the Argentine exchange market, and each resident may have to bring in their payments for services within up to 20 business days. Talk to a professional before you set up the workflow.

How much does it cost to collect from a US client?

The deposit fee for dollars is 1.00%, the same on every plan: 100 USD on a 10,000 USD invoice. Sending to a wallet costs 0.40%, and withdrawing over ACH to a US bank costs 1.50%, for amounts from 20 USD. The actual fee is always shown before you confirm.

Does the company have to disclose its beneficial owners?

To open the account, yes: business verification asks for the beneficial owners, and each of them completes their own verification. FinCEN, on the other hand, exempts companies created in the US from reporting — an exemption the August 2026 final rule made permanent.