Social Security in Argentina
Employer Social Security Contributions in Argentina
In Argentina, employers contribute a portion of their employees' salaries towards social security. The contribution rate and exemption amounts vary depending on the company's industry and annual sales.
- Contribution Rates: High-Revenue Service & Trade Companies, with annual sales exceeding ARS 2.63 billion (services) or ARS 10.31 billion (trade) contribute 26.4% of the employee's total monthly salary.
- All Other Companies: The contribution rate for all other companies is 24% of the employee's total monthly salary.
- Exemption: Employers are exempt from contributing social security taxes on the first ARS 7,003.68 of each employee's monthly salary.
Employee Social Security Withholdings
Employees in Argentina also contribute a portion of their salaries towards social security. These contributions are capped at a specific amount, adjusted every quarter.
- Contribution Rate: The total employee social security withholding rate is 17%, consisting of:11% for the pension fund
- 3% for healthcare
- 3% for social services
Withholding Cap: The employee contribution is capped at ARS 1,157,112.83 per month (as of December 1, 2023). This cap increases by 50% in June and December due to the 13th-month salary payment.