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Public Private Contracts in Argentina: a long-expected new regulation to boost infrastructure development
Law Number 27,328 regulating Public Private Contracts in Argentina (Ley de Contratos de Participación Público-Privada, hereinafter the PPPLaw) will become effective as from 9 December 2016. The law is quite balanced and does not only bear the public interests in mind but also strives for protecting the private contractors and lenders through different provisions and mechanisms, limiting the power of the administration and granting rights to protect the investment.
Amendments to single-shareholder companies in Argentina: now also a suitable vehicle for small and medium-sized enterprises
Single-shareholder companies in Argentina were first introduced by Law Nº 26,994, which amended the old Commercial Companies Law Number 19,550 - now called General Companies Law (Ley General de Sociedades or LGS) - effective as from 1 August 2015. However and due to the excessive legal requirements concerning the minimum number of mandatory directors and statutory auditors, single-shareholder companies in Argentina had not had a good welcome in the business practice
Labor costs in Argentina
Labor costs in Argentina are one of the key issues foreign investors should carefully review when doing business in our country. Following, we will break down the current costs of holding and terminating a labor relationship in Argentina.
Investment incentives in Renewable Energy in Argentina. RenovAr Rounds
Having an enormous potential in this field, Argentina has established as a state policy the generation of electrical energy from renewable sources, aiming at providing a public service and the research for the technological development and manufacturing of equipment for that purpose (Law Nº 26,190, Article 1). And the targets set are very ambitious indeed.
How to set up a company in Argentina: choosing the vehicle and procedure
Doing business in a foreign country requires a thorough knowledge of the different environments the venture will be immersed in. Within the legal context, to choose the right vehicle to do business is essential for many issues. Following, we will review the basics on how to choose a legal vehicle from the limitation of liabilities and corporate structure standpoint and on how to set up a company in Argentina.
Argentina Business Investment Forum: challenges and opportunities
The first edition of the Argentina Business Investment Forum was held in Buenos Aires from September 12 through September 15 as an initiative of the Federal Government and was hosted by the Argentina Investment and Trade Promotion Agency.
Franchising in Argentina clauses on term, exclusivity and others
Franchising in Argentina: term, exclusivity and other clauses Content: 1. The term of the contract. 2. Exclusivity. 3. Other clauses. 4. Liability of the parties. 5. Termination of the Franchise Agreement. 6. Non-competition. 7. Tax considerations. 8. Conclusion
Franchising in Argentina: introduction, definition, features and parties’ obligations
Argentina enacted a new Civil and Commercial Code by Law Number 26,994, (Código Civil y Comercial de la Nación or CCCN), effective as from 1 August 2015. The CCCN repealed both the Civil Code and the Commercial Code, as amended, which had ruled Argentine private law for more than one hundred years.
Commercial Laws of Argentina. New publication from our firm
Mario Eduardo Castro Sammartino contributed with the Chapter on Argentina in the book “Digest of Commercial Laws of the World”, Release 2016-8, recently published by the international publisher Thomson Reuters
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