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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.
Some amendments to commercialization contracts in Argentina have been drafted in the so-called Bill of Law Bases and Starting Points for the Freedom of the Argentines, sent by the National Executive Power to the National Congress
There is no legal prohibition for the incorporation of multiple-purpose companies. However, the previous management of the General Inspectorate of Justice (the IGJ) in charge of the Public Registry in the Autonomous City of Buenos Aires, in the regulatory excess that characterized it, had restricted such possibility, as well as the term of duration, the possibility of freely choosing the capital stock, the requirement of publicity of private corporate matters, etc.
Argentina has new regulations on real estate leases under the Emergency Decree No. 70/2023 (hereinafter, the Decree). The Decree repeals, substitutes, and incorporates rules into the Argentine Civil and Commercial Code (hereinafter, the CCCN), and repeals leasing laws.
The Emergency Decree N° 70/2023 has introduced important amendments to the Customs Code (Código Aduanero) and to the customs systems and procedures, to make imports and customs clearance simpler and more expedite.
The Emergency Decree N° 70/2023 implements several reforms to real estate regimes, including some concerning rural lands in Argentina, opening interesting opportunities for foreigners to invest.
The Emergency Decree N° 70/2023 introduces several reforms to state-owned companies and private entities.
The Emergency Decree N° 70/2023 introduces huge labor reforms in Argentina that indicates the orientation the new federal government wants to imprint to the labor laws and the economy in general.
The Emergency Decree N° 70/2023 amends several sections of the Civil and Commercial Code of the Nation
By the Emergency Decree N° 70/2023 published in the Official Gazette on December 21st, 2023. (hereinafter, the Decree) a wide array of laws and legal provisions were abrogated or modified, effective as of December 29th, 2023.
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