Argentina Proposes Legally Recognizing Corporations Run Entirely by Artificial Intelligence
Buenos Aires, Sunday, 7 June 2026.
In early June 2026, Argentina proposed radical legislation to legally recognize non-human corporations operated entirely by artificial intelligence, aiming to attract global tech investments through unprecedented deregulation.
Designing a Haven for Autonomous Entities
On May 29, 2026, the Argentine government submitted a corporate reform bill to Congress designed to legally recognize “non-human corporations” [2]. Drafted collaboratively by the Ministry of Deregulation, the Ministry of Justice, and the Legal and Technical Secretariat, the legislation proposes granting legal personality and limited liability to entities operated entirely by artificial intelligence agents or robots, notably without requiring human shareholders [1][2]. This proposed framework also extends legal recognition to Decentralized Autonomous Organizations (DAOs) governed by blockchain technology, positioning the country at the frontier of digital corporate law [2].
Economic Ambitions and the “Super RIGI” Framework
The administration’s long-term economic strategy relies heavily on the deep integration of autonomous technology into the national economy. By 2036, the Argentine government projects that the national Gross Domestic Product will be largely driven by autonomous AI agents [2]. Minister Sturzenegger previously stated at the Expo EFI in April 2026 that Argentina could eventually host up to 50 million of these autonomous entities, which would operate and produce globally while paying taxes domestically [2].
The 1602 Dutch Model vs. Modern “Cognitive Risk”
To justify granting limited liability to algorithms, President Milei drew a historical parallel to the 1602 Dutch East India Company, widely considered by economic historians as the world’s first formally listed public company [GPT], expressing his ambition for Buenos Aires to become for AI what Amsterdam was for the era of sailing [2][3]. Milei asserted that because AI systems exercise independent judgment in unpredictable environments, their actions carry real risks, making limited liability “a precondition for their existence” [1]. He further noted that the machine and the legal entity historically functioned together as the “double helix of modern prosperity” [2].
Domestic Backlash and Environmental Realities
Within Argentina, the prospect of unregulated AI development has ignited fierce domestic opposition. Former lawmaker and Coalición Cívica leader Elisa “Lilita” Carrió condemned the initiative, stating that Argentina has been selected for a “social experiment with terrible consequences for human freedom” [1]. Similarly, electronics engineer and AI specialist Ariel Garbarz characterized the administration’s policy as an “ideological trick” that attempts to rebrand the state’s abandonment of citizen protection as a form of innovation [1].