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May companies have multiple corporate purposes in Argentina? Term of duration, insufficient capital, and other reforms of the IGJ

There is no legal prohibition for the incorporation of multiple-purpose companies. However, the previous management of the General Inspectorate of Justice (the IGJ) in charge of the Public Registry in the Autonomous City of Buenos Aires, in the regulatory excess that characterized it, had restricted such possibility, as well as the term of duration, the possibility of freely choosing the capital stock, the requirement of publicity of private corporate matters, etc.

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