Designing your company and getting it started
Castro Sammartino & Pierini can advise on and assist you with laying the foundation of your company, helping you with:
- Deciding if the company is going to have one or more partners, which is the best corporate type for the venture (corporation, limited liability company, simplified corporation, one or more companies for each of the business units), what its corporate purpose will be, and what share capital would be required according to its business plan;
- Devising customized by-laws or organizational agreements, regulating, among other issues, the corporate governance and controls, and the restriction to transfer shares and quotas;
- Executing the articles of incorporation, registering the company with the Public Registry, and filing for the additional government authorizations required for regulated activities;
- In the case of foreign businesspersons or companies, registering with the Public Registry the branch or the foreign(s) company(s) to set up the local subsidiary business entity;
- Implementing the corporate ruling governing in detail the board or management body´s operation;
- Drafting shareholders or partnerships´ agreements to prevent conflicts. ;
- Planning the succession for family businesses drafting the family protocol governing the relationships among the family, the company and the ownership;
- Applying for trademarks, patents and other industrial and intellectual property rights;
- Entering into ancillary agreements to set up the business (e.g. leasing facilities, construction contracts, employment agreements, commercialization contracts – agency, concession, distribution, franchising;
- Granting the power of attorneys needed for running the business;
- Getting the specific licenses to run the business for regulated activities.
Castro Sammartino & Pierini with your company, to be better, always.
From our Legal Blog
Further to branches , foreign companies usually do business in Argentina through subsidiaries. Following, we will cover different types of subsidiaries in Argentina and their basic setting-up requirements.
Foreign companies usually do business in Argentina through branches or subsidiaries. In this opportunity of our future Commercial Guide to Doing Business, we will focus on branches in Argentina.
New rules on the Simplified Corporation in Argentina: the General Inspectorate of Justice adds requirements and controls
Given the new rules on the Simplified Corporation in Argentina (Sociedad por Acciones Simplificada or SAS) issued by the General Inspectorate of Justice (the Inspección General de Justicia or IGJ), adding requirements and controls, we will mention below the modifications introduced.