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
Regulation of Simplified Corporations in Argentina to bring them up to speed
Regulation of Simplified Corporations in Argentina has just been put into force at the federal level, to have them fully operative as of 1 September 2017. This possibility of an organization is currently the most innovative, easy-to-incorporate, and customizable legal vehicle available to do business in Argentina.
Corporate Governance in Argentina Corporations. Part 2: director´s duties, guarantees, insurance, and fees. Conflict of interests, transactions with the company and competitive activities
Following with our series of articles on Corporate Governance in Argentina Corporations , we will now deal with the board´s duties, guarantees, insurance, and fees, as well as with different acts and activities the directors must refrain from engaging in.
PPP Contracts in Argentina: modifications to the traditional public procuring regime. Protection and other dispositions of interest to the private partner
Different laws govern the Federal Public Procuring Regime in Argentina.
On the one hand, the traditional public procuring methods are regulated by Law Number 13,064 (Public Works), Law Number 17,520 (Concession of Public Works), and Decree Number 1,023/2001 (Public Procurement of the National Administration), and its regulation by Decree Number 1,030/2016.
On the other hand, the new Public – Private Participation Contracts (the PPP Contracts) established by Law Number 27,328, and is regulatory Decree Number 118/2017 (both legal dispositions, the PPP Regime)
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