Argentina

ARGENTINA

ARGENTINA

COMPANY DETAILS

Amway Argentina, Inc.

Av. Cabildo 86 - 2° Piso
C1426AAN - Cdad. Autónoma de Buenos Aires
Argentina

54-11-4779-4600
54-11-4779-4678 - Customer Service

www.amway.com.ar (Local)

dac.ar@amway.com (email)

Opened March 1993

Plan Basics

Overview

Purchasing Products
All Amway Business Owners and Clients may purchase products directly from Amway.

Bonus Payment
Bonuses will be paid directly to all Amway Business Owners (ABO's) who have earned the bonus.  Bonus payments will be paid by check unless direct deposit is required.  Beginning January 1, 2009, an ABO must generate 150 personal points in a month in order to receive a bonus.  This applies to any bonuses (personal, group differential, leadership, etc.).  This requirement is a monthly requirement meaning that an ABO must generatte 150 personal points every month that he is receiving a bonus to be eligible to keep it. This requirement has been wavied for Foreign ABO's with a Number Two Business in Latin America. The assumption is that these ABO's are fulfilling requirements in their Home Markets.

PV/BV Transfers
PV/BV transfers are not available.

Consolidated Line of Sponsorship
Amway Latin America is integrated by 12 affiliates:

  • Argentina
  • Brazil
  • Colombia
  • Costa Rica
  • Chile
  • El Salvador
  • Honduras
  • Guatemala
  • Mexico
  • Panama
  • Uruguay
  • Venezuela
As of September 2007, Latin America began operating as a Consolidated Line of Sponsorship (consolidated market) where Amway Business Owners (ABO's) are able to personally sponsor from and to any market within the Latin America Region without the need to establish a second business.  The consolidation of the Latin America line of sponsorship provides very important opportunities for ABO's.  Some of the benefits are:
  • Cross border sponsoring allows for personal sponsoring in all markets
  • ABO's can place orders in any market different from their home market, only to be shipped to local addresses within the affiliate where the order is placed
  • Combined volume from all markets allows an ABO to reach the 21% level more quickly
  • Regional Business Kit
  • Regional SIP Program
  • Regional Bonus Statement
 
Performance Schedule
 
        PV                        Performance Bonus
    10000                                21%
     7000                                 18%
     4000                                 15%
     2400                                 12%
     1000                                  9%
 
PV/BV Ratio
The average PV/BV ratio for Amway products as of December 2016 is 18.43.
 
Retail Margin
Mark up for most Amway products is 25% when the monthly volume is less than $900.00 (retail price before taxes) and the mark up reaches 30% when the monthly volume exceeds $900.00.

 

Business Kit Purchasing

In order to buy a Business Starter Kit and become a new Amway Business Owner (ABO), the prospect must be at least 18 years of age and contact an Amway Business Owner for purchase of the Starter Business Kit. The new Amway Business Owner must complete, sign and submit the Registration form (original) by post mail.

This process can also be completed using the Internet site www.amway.com.ar where the applicant, together with the sponsor, completes the Registration Form. The new Amway Business owner is registered at that moment and he/she can buy products on-line. The Business Starter Kit will be automatically included in the order. The Registration Form must be printed and signed by the applicant and submitted to Amway Argentina within the first 30 days.

Cost of Business Kit

178.00 Argentine pesos (including VAT)

Sponsoring
In order to register a new Amway Business Owner (ABO), the sponsoring ABO must ensure that all ABOs registered are provided with an official Amway Business Starter Kit (without substitution or alteration of the contents) and the ABO Contracts are completed, signed and submitted to Amway Argentina.

Business Type
In addition to the Amway Business Owners, Amway Latin America established an additional alternative to have access to the Amway Products and Services called Client.

A Client is able to buy Products directly from Amway Argentina at a retail price. Clients can not sponsor and bonuses are not received.

DISCOUNTS FROM TO

25%          $ 0.00 -  $899.00

30%          $900.00 en adelante

To become a Client the person can be registered by internet, the 0800 number or in the Amway Shop by providing their name, telephone number, e-mail address, name of the ABO who is registering them, in case the person has not been referred and does not know an Amway Business Owner, Amway will assign one based on a data base of retailers of the affiliate. There is no cost to become a client. A sponsor is required to register as a client and the person can choose if he/she wants to be contacted by the sponsor. Legal entities can become clients.

Establish a Second Business

Amway Business Owner Registration Requirements

Please check the following websites for visa information:

www.argentina.gov.ar
OR
www.mininterior.gov.ar/migraciones/permisos.asp

Please check the following website for information on taxpayer registry:

www.afip.gov.ar

ABOs are required to have an Argentinean address, but an office is not necessary.

ABOs are responsible for complying with any local business, commercial and/or trade authority licensing issues.

Doing business by a foreigner includes but is not limited to selling products, receiving bonuses and sponsoring.

Visa Requirements

Please check the following websites for visa requirements and information:

www.argentina.gov.ar
OR
www.mininterior.gov.ar/migraciones/permisos.asp

A taxpayer number must be used on the application. A passport number is not sufficient.

It is not necessary to have citizenship to start a second business.

Formation and Registration of Your Business

Any foreign ABO can have a business in Argentina as an International Sponsor (as outlined in the Business Reference Guide) or as a Local Sponsor.

As in other countries, it is necessary to define the kind of ABO business is desired:

- A Single Person ABO (we recommend this option), or
- A legal Entity ABO (Corporation or LLC)

Single Person ABO
Purchase a local starter kit, to be sponsored (payment in local currency)

Legal Entity ABO (Corporation or LLC)
An ABO can choose to be an owner of a legal entity (Corporation or LLC). In this case, it is necessary to open an Argentinean Corporation or LLC company. The Registration form must be submitted and processed in the individual name(s) of the ABO. The ABO can then request the transfer of ownership to the Corporation or LLC through the affiliate. Please note the sole purpose of the Corporation or LLC must be the operation of the Amway business. No other business activity can be conducted through the Corporation or LLC.

It is necessary to have a Resident person with power of attorney to represent the foreign owner of the Corporation or LLC.

Amway recommends consulting a qualified professional and pertinent government authorities to prepare the required documents that need to be filed with the Argentine Companies’ Registry (Inspeccion General de Justicia).

To obtain the taxpayer number, please go to the following site:

www.afip.gov.ar

To open an Amway Business the only capital required is the starter kit cost (ARS$178.00 or approx. US$45.00).

As with your primary business, your second business must be renewed each year with the affiliate.

Submit your paperwork to:
Amway Argentina Inc.
Avda. Cabildo 86 p.2do.– C.A.B.A.
C.P.: C1426AAN

Required Documents for Registration

Please check the following websites for visa information:

www.argentina.gov.ar
OR
www.mininterior.gov.ar/migraciones/permisos.asp

Please check the following website for information on taxpayer registry:

www.afip.gov.ar

Cost and Bonus Payment

Costs to open a LLC:
Lawyer and accounting costs
Additional fees for translating, notary and maintenance costs. These are dependent on the size and volume of the activity of the company.

Bonus Payment
Bonus payments are made through deposit in a local bank account (Standard Bank or Santander Rio) or a check will be sent to the ABO local address. The ABO should provide bank data, bank account number, and swift bank.

 

Ordering

ABOs, Associates and Clients can order Amway products from Amway Argentina by:

Order Entry, phone 0800 888 1000

Following the next steps:

  • Provide your ABO or Client Number to place an order.
  • Confirm that the code number of the Products is correct when you are ordering; you can verify this number in the price list.
  • Have handy the address where you wish Amway Argentina to deliver your order. This address has to be within the country of Argentina.

Hours of Operation:
9:00 am to 9:00 pm. Monday through Friday
9:00 am to 3:00 pm. Saturday.

Internet Orders
You can also order products through our web site: www.amway.com.ar.

Amway Experience Center & Amway Shop

Amway Experience Center
Located in: Avda. Corrientes 1811 - C.A.B.A.
Phone numbers: 54 11 5648-3200.
Hours of Operation: 10:00 am to 8:00 pm. Monday through Friday.
10:00 am to 1:00 pm. Saturday.

Amway Shop
Located in: Cordoba 2771 - Rosario, Santa Fe
Phone numbers: 54 341 425-1943.
Hours of Operation: 9:00 am to 2:00 pm. and
4:00 pm to 7:00 p.m. Monday through Friday.
10:00 am to 1:00 pm. Saturday.

Payment Methods

Order Entry and Internet Orders

  • Credit Card (Mastercard and Visa)

Amway Shops

  • Credit Card (Mastercard and Visa)
  • Cash
  • Bonus Check
  • Returns/Refunds

Sales Kit and Products returns will be accepted 90 days from date of purchase. ABOs and Clients must have the invoice purchase available of those sales kit/products returned.

Products may be returned personally in the Amway Shop and Amway Experience Center or sent by mail to Mendoza 1437, B1868CUA – Avellaneda – Buenos Aires.

If the ABOs and Clients are in an overstock situation, it will be necessary for the Customer Service Supervisor to approve. A 10% handling fee will be charged up to the returns credit. The returns credit will be paid through the bonus check.

Access Information

  • In person – at the offices through a Amway Business Owner and Customer Service Department
  • By phone – 54 11 4779-4650
  • By e-mail: dac.ar@amway.com
  • Receive Bonus Payment

Beginning January 1, 2009, an ABO must generate 150 personal points in a month in order to receive a bonus. This applies to any bonuses (personal, group differential, leadership, etc.). This new requirement is a monthly requirement meaning that an ABO must generate 150 personal points every month that he is receiving a bonus to be eligible to keep it.

This requirement has been waived for Foreign ABOs with a Number two business in Latin America. The assumption is that these ABOs are fulfilling requirements in their Home Market.

ABOs, who have earned a bonus, may receive the payment via a local bank, electronic transfers by registering the bank account.

The ABO must send a data modification informing their bank account number data:

  • Bank
  • Branch
  • Account Type
  • Account Number

The bank account could be Santander Río or Standard Bank and the titular account name has to be the Amway Business Owner’s name.

If the ABO does not provide a bank account, a check is generated automatically and submitted by post mail to the ABO’s mailing address.

Also the ABO can choose that all the bonus payments earnings will stay in A/R forward so that amount can be use for future purchases.

Renew

All ABOs need to renew their Contract.

An ABO’s initial contract year terminates on December 31, if it is signed prior to August 31, or on December 31 of the next year if the ABO Contract is signed after August 31. The renewal fee and procedures are published yearly in Amway Publications.

Renewal Methods

  • Amway Experience Center
  • Amway Shops 
  • Order Entry
  • Internet web site: www.amway.com.ar

Payment Methods

  • Credit Card 
  • Cash and Bonus check (Only in Amway Experience Center and Amway Shop)