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The question of ownership of worker's inventions in Argentina is of particular importance for the booming Information and Communications Technology, whose software developments may represent an intangible asset of enormous value.
Several attempts have been made but, to date, there is no officially approved collective bargaining agreement in Argentina for IT workers for the activity itself.
Supported by rising levels of digitalization, a well-trained workforce, and tax and foreign exchange benefits, Information and Communication Technology companies in Argentina are booming.
To answer the question if directors and legal representatives of foreign companies in Argentina may be non residents, two different positions must be distinguished within the possible corporate structure incorporated in Argentina: (a) The directors of a corporation or a simplified corporation ; and. b) The legal representatives of a foreign company that is a shareholder of a corportion or a simplified corporation.
1) Advertising of goods and services to consumers in Argentina The advertising of goods and services to consumers in Argentina is regulated by a multiplicity of rules, with the addition of the new Resolution No. 12/2024 of the Secretariat of Industry and Commerce.
The Simplified Corporation in Argentina is a very flexible type of company that can be adapted to any size of business. Find out about its characteristics and whether it is suitable for your operations by consulting this Guide
New rules for simplified corporations in Argentina have been issued, seeking the revival of a corporate type that had been reduced to a dead letter.
By General Resolution No. 10/2024, the General Inspectorate of Justice facilitated several aspects of the registration of foreign companies in Argentina.
By Executive Decree No. 209/2024, published on March 1, 2024, in the Argentine Official Gazette, effective as from the same day of its publication (hereinafter, the Decree), Section 186 of the General Companies Law No. 19,550 was amended, setting the minimum capital stock of corporations in Argentina
The regime of the guarantee of representatives of foreign companies in Argentina has changed in the rules of the General Inspectorate of Justice. The IGJ has issued its General Resolution N° 5/2024, published on February 23, 2024, in the National Official Gazette, effective as of the following day.
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