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Directors and legal representatives of foreign companies in Argentina: may they be non-residents?

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.

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International Agency and Distribution Law. Release 8-2019

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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Mandatory capital reduction and dissolution for loss of capital in Argentina: emergency suspension

Recession, high inflation, currency devaluation and application of the accounting adjustment for inflation, among other causes, may provoke that many companies must expose on their balance sheets relations that make them be incurred in the causes of mandatory capital reduction (Section 206 of the General Companies Law N 19,550, the Ley General de Sociedades or LGS, as amended) or dissolution for loss of capital (Section 94, subsection 5, of the LGS).

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Foreign direct investments in Argentina: new Central Bank regulations allowing payment of dividends without prior authorization

On January 16, 2020, the Central Bank of the Argentine Republic (Banco Central de la República Argentina, or BCRA after its Spanish acronym) enacted Communication “A” 6869, lessening the foreign exchange market restrictions for multinational companies doing business in Argentina.

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