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
When can a person be considered a self-employed worker in Argentina? The new figures of the self-employed worker with collaborators
The question of when a person can be considered a self-employed worker in Argentina has been, and still is, the subject of intense debate.
The Employment Contract Law No. 20.744 does not define the characteristics of an employment relationship, making the dividing line between an employee and a self-employed worker difficult to draw on many occasions.
What is the probationary period in Argentina? What is the maternity leave in Argentina? Changes introduced by the Ley Bases
The probationary period in Argentina, and the maternity leave have undergone important changes with the labor reform of Ley Bases.
New benefits for foreign companies in Argentina
Benefits for foreign companies in Argentina have been significantly expanded since the inauguration of the new presidential administration in December 2023, including simplifications for their establishment, tax, customs, and exchange benefits, and also a labor reform, all to favor foreign investment in Argentina.
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