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
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)
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 …
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
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