Foreign companies registration in Argentina: a significant setback in the ease of doing business
Foreign companies registration in Argentina has just been greatly simplified by the Public Registry of the Autonomous City of Buenos Aires.
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Foreign companies registration in Argentina has just been greatly simplified by the Public Registry of the Autonomous City of Buenos Aires.
On July 26th, 2018, it was published in the Official Gazette the new International Commercial Arbitration Law No. 27,449. The LACI follows the United Nations Commission on International Trade Law (UNCITRAL) Model Law as amended in 2006, and is a breakthrough concerning arbitration in Argentina.
Laboratories and other healthcare industry companies granting payments and benefits to physicians may face different liabilities under Argentine Law, calling for a cautious and thorough analysis before any marketing action based upon those gratuities is launched.
On May 15, 2018, the Argentine Federal Government published in the Official Gazette the new Competition Defense Law in Argentina, Law Number 27,442 (Ley de Defensa de la Competencia or LDC by its Spanish acronym), adjourning the local legislation and aligning it with international standards
Mergers and Acquisitions in Argentina: due diligence and hidden labor liabilities. A landmark decision from the Argentine Supreme Court of Justice helps to spot them In a recent landmark decision dated 24 April 2018, the Argentine Supreme Court of Justice (Corte Suprema de Justicia de la Nación, or CSJN), in re Rica, Carlos Martín c. Hospital Alemán y otros s/ Despido, addressed the issue of formally independent service providers
By Law Number 27,430, published on the Official Gazette on 29 December 2017 , the federal government introduced significant reforms to the tax system, among them modifications to the employer´s payroll contributions for social security in Argentina
By Law Number 27,430, Argentina has enacted significant tax reforms, being one of them the streamlining of the definition of Argentine source incomes to include those incomes proceeding from the indirect assignment of assets located in Argentina under certain conditions
Human resources. Request for retirement in Argentina. Increase in age Continuation of services for the same employer, with or without interruption The request for retirement in Argentina has suffered an increase in age as a result of the Pension Reform Law No. 27,426, published in the Official Gazette on December 28, 2017, which amended article No. 252 of the Labor Contract Law No. 20,744 (the LCT), all of which must be specially taken into account by the human resources departments of the companies for the re-elaboration of their policies of voluntary or mandatory retirement of their personnel.
New significant pieces of legislation in force: tax reforms and anti-bureaucracy reforms in Argentina Delving into the transformation of Argentina´s business environment and legal framework, making them more business-friendly and efficient, two new pieces of legislation have just come into force, reforming tax regulations and easing bureaucratic burdens. Following, we will briefly list some of the introduced tax reforms and anti-bureaucracy reforms in Argentina.
Update on the Foreign Exchange Market in Argentina After many years of foreign exchange controls and restrictions on the inflows and outflows of foreign currency, the federal administration that took office in December 2015 has progressively lifted all restrictions on the Foreign Exchange Market in Argentina until the current situation of complete freedom of exchange, with only reporting obligations to fulfill.
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