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May companies have multiple corporate purposes in Argentina? Term of duration, insufficient capital, and other reforms of the IGJ

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.

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New significant pieces of legislation in force: tax reforms and anti-bureaucracy reforms in Argentina

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.

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Update on the Foreign Exchange Market 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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