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Recent posts in our Legal Blog

Castro Sammartino & Pierini´s legal blog regularly covers different subjects of interest for companies and individuals. Following you will find the latest publications posted by Castro Sammartino & Pierini in its Legal Blog, regardless their categories. To your left, you can review our full Legal Blog´s  archives  or choose between business or individual issues.

Entrepreneurs in Argentina: tax benefits for investors

The recently enacted Law Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE) is aimed to provide a legal framework to foster and fund entrepreneurship in Argentina. The LACE has established special tax benefits for investors, a crowd funding system and the Simplified Corporation as a new company type . All in all, the LACE will enhance the venture capital industry in Argentina, providing the myriad of high-skill entrepreneurs the country has with their most scarce resource up to know: funding. Following, we will summarize the tax benefits created to benefit those investing in entrepreneurs in Argentina

read more

Simplified Corporations in Argentina: a new and streamlined legal vehicle to do business

On April 22, 2017, it was published in the National Official Gazette Law Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE). Outstanding among its different provisions is the introduction of a new company type: the Simplified Corporation, also known as Simplified Joint Stock Company or Simplified Shares Company (Sociedad por Acciones Simplificada or SAS by its Spanish acronym).

read more

Security interests in Argentina and other legal tools to enforce collection of debts. A brief for foreign lenders

Security interests in Argentina may be structured through different agreements according to the nature of the assets included as collaterals.
The Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN) makes a distinction between personal or movable property and real property or real estate (Articles Number 225 and following).

read more

Distribution Agreements in Argentina: basic regulations no distributor may risk to ignore

Until the new Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN) became in force on August 1, 2015, distribution agreements had not had statutory regulation in Argentina.
The CCCN has set forth that the concession contract´s provisions will also govern the distribution agreement as far as those provisions are relevant to the distribution contract (CCCN, Article Number 1,511, Sub-article b)

read more

Foreign wills in Argentina

Foreign wills in Argentina have had a new regulation with the enactment of the Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN), effective as of 1 August 2015. The CCCN has introduced significant changes to the Argentine internal Inheritance Law (Articles Number 2,277 through 2,531), as well as to the International Private Law from Argentine sources (Articles Number 2594 through 2671). Following, we will briefly explain the current regime of foreign wills in Argentina, as well as the intestacy situation arising out of the absent of a will.

read more

Trademarks in Argentina in a nutshell

Trademarks in Argentina in a nutshell
1) Legal framework
Trademarks in Argentina are governed by Law Number 22,362, as amended (the Trademark Law or TML). The TML supplements the Civil and Commercial Code of the Nation. Argentina is a party to the Paris Convention and has in force the Trade-Related Aspects of Intellectual Property Rights (TRIPS) provisions of the General Agreement on Trade and Tariffs (GATT).
2) Conditions for registration
Under Article 1 of the TML …

read more

Hiring foreign workers in Argentina

Hiring foreign workers in Argentina involves reviewing immigration laws in force. Immigration to Argentina is governed by the Migration Law Number 25,871 (Ley de Migraciones or LM), its Regulatory Decree Number 616/2010, and supplementary dispositions enacted by the National Direction of Migrations (Dirección Nacional de Migraciones or DNM) that is the agency in charge of enforcing migration laws (such as Dispositions Number 1170/2010, 1171/2010 and 1824/2013).
Under Argentine immigration laws, there is no cap or quota as to the number of foreign workers that may be hired

read more

Entrepreneurs in Argentina: tax benefits for investors

The recently enacted Law Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE) is aimed to provide a legal framework to foster and fund entrepreneurship in Argentina. The LACE has established special tax benefits for investors, a crowd funding system and the Simplified Corporation as a new company type . All in all, the LACE will enhance the venture capital industry in Argentina, providing the myriad of high-skill entrepreneurs the country has with their most scarce resource up to know: funding. Following, we will summarize the tax benefits created to benefit those investing in entrepreneurs in Argentina

read more

Simplified Corporations in Argentina: a new and streamlined legal vehicle to do business

On April 22, 2017, it was published in the National Official Gazette Law Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE). Outstanding among its different provisions is the introduction of a new company type: the Simplified Corporation, also known as Simplified Joint Stock Company or Simplified Shares Company (Sociedad por Acciones Simplificada or SAS by its Spanish acronym).

read more

Security interests in Argentina and other legal tools to enforce collection of debts. A brief for foreign lenders

Security interests in Argentina may be structured through different agreements according to the nature of the assets included as collaterals.
The Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN) makes a distinction between personal or movable property and real property or real estate (Articles Number 225 and following).

read more

Distribution Agreements in Argentina: basic regulations no distributor may risk to ignore

Until the new Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN) became in force on August 1, 2015, distribution agreements had not had statutory regulation in Argentina.
The CCCN has set forth that the concession contract´s provisions will also govern the distribution agreement as far as those provisions are relevant to the distribution contract (CCCN, Article Number 1,511, Sub-article b)

read more

Foreign wills in Argentina

Foreign wills in Argentina have had a new regulation with the enactment of the Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN), effective as of 1 August 2015. The CCCN has introduced significant changes to the Argentine internal Inheritance Law (Articles Number 2,277 through 2,531), as well as to the International Private Law from Argentine sources (Articles Number 2594 through 2671). Following, we will briefly explain the current regime of foreign wills in Argentina, as well as the intestacy situation arising out of the absent of a will.

read more

Trademarks in Argentina in a nutshell

Trademarks in Argentina in a nutshell
1) Legal framework
Trademarks in Argentina are governed by Law Number 22,362, as amended (the Trademark Law or TML). The TML supplements the Civil and Commercial Code of the Nation. Argentina is a party to the Paris Convention and has in force the Trade-Related Aspects of Intellectual Property Rights (TRIPS) provisions of the General Agreement on Trade and Tariffs (GATT).
2) Conditions for registration
Under Article 1 of the TML …

read more

Hiring foreign workers in Argentina

Hiring foreign workers in Argentina involves reviewing immigration laws in force. Immigration to Argentina is governed by the Migration Law Number 25,871 (Ley de Migraciones or LM), its Regulatory Decree Number 616/2010, and supplementary dispositions enacted by the National Direction of Migrations (Dirección Nacional de Migraciones or DNM) that is the agency in charge of enforcing migration laws (such as Dispositions Number 1170/2010, 1171/2010 and 1824/2013).
Under Argentine immigration laws, there is no cap or quota as to the number of foreign workers that may be hired

read more

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