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Foreign companies usually do business in Argentina through branches or subsidiaries. In this opportunity of our future Commercial Guide to Doing Business, we will focus on branches in Argentina.
As the kickoff of a series of article that would be eventually combined in a full Labor Guide to Doing Business in Argentina, we will now cover the sources of Argentine labor law.
Covid-19 is having a huge impact on all business fields. We will summarize some of their impacts on retail in Argentina
We are thrilled to announce that we have cooperated with Nixon Peabody submitting the section about Argentina in their Alert: Tracking the global coronavirus (COVID-19) response and its impact on international franchising
Given the new rules on the Simplified Corporation in Argentina (Sociedad por Acciones Simplificada or SAS) issued by the General Inspectorate of Justice (the Inspección General de Justicia or IGJ), adding requirements and controls, we will mention below the modifications introduced.
COVID-19 has disrupted business all over the world and Argentina is not the exception, although perhaps more informed and prepared because the outbreak of the virus is reaching our country later than in Asia or Europe. Yet, the business impact is significant and has a wide range of legal projections, some of which we will briefly go through in this post.
To register as foreign companies or keep their good standing, among other requirements, foreign companies in Argentina must show evidence that they carry out or keep a significant business activity and their decision-making center outside the country.
By way of its General Resolution No. 2/2020 (hereinafter, the Resolution), published on the Official Gazette on 21 February 2020 and effective as of the same date, the General Inspectorate of Justice (Inspección General de Justicia. Hereinafter the IGJ) reinstated tighter controls on foreign companies in Argentina and additional obligations for their legal representatives.
Labor costs in Argentina have changed after the emergency declared by Law No. 27,541 on Social Solidarity and Productive Reactivation in the Framework of the Public Emergency , and its Regulatory Decree No. 99/19. These regulations introduced significant legal changes, including those related to social security contributions in Argentina which we will briefly review below.
It is our pleasure to announce that Mario Eduardo Castro Sammartino contributed with the Chapter on Argentina in the book International Agency and Distribution Law, 2nd Ed., Release 8-2019, published by Juris Publishing Inc. (http://www.jurispub.com/s.nl?search=International+Agency+and+Distribution+Law+Second+Edition) For more about our works, please, visit us at Publications.
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