Doing business in Argentina
Argentina is the eighth-largest country worldwide, and the second largest in Latin America. Being the world’s 27th largest economy, and the second-largest economy in South America. Argentina boasts plenty of natural resources, a highly-educated population of over 40 million people, the inexistence of racial, religious or geopolitical conflicts, the highest English speaking proficiency in the region, a wide school offer with international curricula, and the main metropolitan areas with lower pollution levels than most of Latin America urban center. Argentina´s capital city, Buenos Aires, is itself the 13th largest economy among the world’s cities.
With a lot of untapped markets and fields, doing business in Argentina may be very promising and
Castro Sammartino & Pierini is specially prepared to assist all kind of foreign investors and businesspersons, wishing to do business in Argentina, whether they are big multinational companies or small ventures.
Our advice covers the whole stages of setting up a new business in Argentina. From choosing the best legal vehicle, registering a foreign company with the Public Registry to allow it to be a shareholder or partner of a domestic company, incorporating an affiliated or subsidiary company, registering a branch, helping to lease or buy the premises, applying for trademark protection, hiring personnel, entering into commercial contracts, etcetera, our services are broad and comprehend both the set up and the day-to-day company´s legal needs.
We also assist foreign companies and businesspersons with preliminary agreements (letter of intentions, memorandums of understanding, term– sheets), due diligence, and the negotiation, drafting, and closing of stock purchase agreements to take interest in an existing local company.
Castro Sammartino & Pierini with your company, to be better, always.
From our Legal Blog
The Argentine Executive Power, by means of the Urgency and Necessity Decree No. 609/2009, established new foreign exchange regulations in Argentina controlling certain aspects of the inflows, outflows, purchase of foreign currency and other transactions as of 1 September 2019. These regulations have been complemented and extended by additional regulations issued by the Central Bank of the Argentine Republic (Banco Central de la República Argentina, or BCRA after its Spanish acronym).
In this third part of the series of articles that we will publish on the subject of the promotion of the knowledge economy carried out by the new Law No. 27.506, we will deal with the significant tax benefits of the knowledge economy in Argentina.
In this second installment of the series of articles that we will publish on the subject of the promotion of the knowledge economy carried out by the new Law No. 27.506, we will focus on the beneficiaries of the promotion of the knowledge economy.