[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.19.0″ _module_preset=”default” background_enable_image=”off” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_fullwidth_post_title date_format=”j M Y” comments=”off” featured_image=”off” admin_label=”CSP. HEADER POSTS INGLES EMPRESAS” _builder_version=”4.19.0″ _module_preset=”default” title_font=”Source Serif Pro||||||||” title_text_color=”#FFFFFF” title_font_size=”36px” meta_font=”Source Sans Pro||||||||” meta_text_color=”#FFFFFF” background_enable_color=”off” use_background_color_gradient=”on” background_color_gradient_stops=”rgba(18,17,93,0.5) 0%|rgba(18,17,93,0.5) 100%” background_color_gradient_overlays_image=”on” background_enable_image=”off” background_position=”top_center” custom_margin=”|||0px|false|false” custom_padding=”300px||50px||false|false” animation_style=”fade” global_module=”221777″ saved_tabs=”all” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_fullwidth_post_title][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#f0f3fb 0%|rgba(255,255,255,0) 50%” background_color_gradient_overlays_image=”on” background_enable_image=”off” background_size=”contain” background_position=”top_center” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.16″ background_color=”#FFFFFF” width=”95%” max_width=”950px” custom_padding=”5%|5%|5%|5%|true|true” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text admin_label=”CSP LEGAL BLOG. BODY” _builder_version=”4.19.0″ _module_preset=”default” text_font=”Source Sans Pro||||||||” text_text_color=”#292929″ text_font_size=”20px” text_line_height=”30px” header_font=”Source Serif Pro||||||||” header_text_color=”#292929″ header_2_font=”Source Serif Pro||||||||” header_2_text_color=”#292929″ header_3_font=”Source Serif Pro||||||||” header_3_text_color=”#292929″ width=”670″ global_module=”219558″ saved_tabs=”all” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
On January 16, 2020, the Central Bank of the Argentine Republic (Banco Central de la Rep\u00fablica Argentina<\/em>, or BCRA after its Spanish acronym) enacted Communication \u201cA\u201d 6869, lessening the foreign exchange market restrictions for multinational companies doing business in Argentina.<\/p>\n In the case that non-resident shareholders execute new foreign direct investments in Argentina as of 17 January 2020, the relevant Argentine companies will be allowed to access to the foreign exchange market for the payment of dividends to non-resident shareholders, without the need of prior BCRA approval, subject to the following requirements:<\/p>\n a) The stock capital contributions must have been transferred to Argentina and sold for Argentine Pesos through the foreign exchange market as from 17 January 2020;<\/p>\n b) Dividends must correspond to audited and approved financial statements of the local company;<\/p>\n c) The total amount of payments abroad to execute on account of dividends (including the amount of the payment being made at the time of the access to the foreign exchange market) must not exceed 30% of the value of the new stock capital contributions of foreign direct investments;<\/p>\n d) The access to the foreign exchange market for the payment of dividends must happen in a term of no less than 30 calendar days as of the sale for Argentine Pesos, through the foreign exchange market, of the last capital contribution that computes to the extent of the 30% limit mentioned above;<\/p>\n e) The Argentine company has to show proof at least of the filing of the petition to increase its stock capital with the Public Registry, and to submit the documents proving the definite capitalization of the contributions within 365 calendar days as of the beginning of the procedure; and<\/p>\n f) The local company must have complied with the information regime on foreign assets and liabilities.<\/p>\n <\/p>\n <\/p>\n <\/p>\n Mario E. Castro Sammartino<\/p>\n For additional information on these or any other issues related to doing business in Argentina, please,\u00a0<\/span>sign up<\/a>\u00a0<\/span>for our Legal Blog or\u00a0<\/span>contact us<\/a>\u00a0<\/span>at any time.<\/p>\n Our publications exclusively express the\u00a0author\u00b4s opinion and do not purport to be legal counsel on any case. Should\u00a0you need it, you must consult with your trusted lawyer.<\/p>\n \u00a0<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ disabled_on=”off|off|off” admin_label=”LEGAL BLOG. 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INGLES” _builder_version=”4.18.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”rgba(58,52,226,0.93) 0%|rgba(73,108,220,0.7) 100%” background_color_gradient_overlays_image=”on” background_image=”https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2020\/05\/business-01.jpg” background_enable_image=”off” parallax=”on” custom_padding=”90px||90px|” global_module=”219522″ saved_tabs=”all” locked=”off” collapsed=”on” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row column_structure=”1_3,2_3″ use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” _builder_version=”4.16″ _module_preset=”default” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”|||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” background_color=”#ffffff” background_position=”top_left” custom_padding=”50px|40px|50px|40px” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text admin_label=”Contact US Title” _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”16px” header_font=”Source Serif Pro|700|||||||” header_text_color=”rgba(58,52,226,0.93)” header_font_size=”24px” custom_padding=”0px|0px|0px|0px” animation_style=”fold” animation_direction=”bottom” animation_intensity_fold=”20%” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n [\/et_pb_text][et_pb_text admin_label=”Contact US Text” _builder_version=”4.18.0″ _module_preset=”default” text_font=”Source Sans Pro||||||||” text_font_size=”16px” text_line_height=”1.8em” header_font=”||||” header_text_color=”#1f1f1f” custom_margin=”20px||40px|” custom_padding=”0px|0px|0px|0px” animation_style=”fold” animation_direction=”bottom” animation_intensity_fold=”20%” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n It will be a pleasure to meet you personally at our offices, or to take your call.<\/p>\n [\/et_pb_text][et_pb_blurb use_icon=”on” font_icon=”||divi||400″ icon_color=”rgba(58,52,226,0.93)” icon_placement=”left” image_icon_width=”28px” admin_label=”Address” _builder_version=”4.18.0″ _module_preset=”default” body_font=”Source Sans Pro||||||||” body_font_size=”16px” custom_margin=”|||” animation_style=”fold” animation_direction=”bottom” animation_intensity_fold=”20%” icon_font_size=”28px” icon_font_size_last_edited=”off|desktop” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n Tte. Gral. Juan Domingo Per\u00f3n 679, 3rd. floor Argentina<\/p>\n [\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”||fa||900″ icon_color=”rgba(58,52,226,0.93)” icon_placement=”left” image_icon_width=”28px” image_icon_width_last_edited=”off|desktop” _builder_version=”4.18.0″ _module_preset=”default” body_font_size=”16px” custom_margin=”|||” animation_style=”fold” animation_direction=”bottom” animation_intensity_fold=”20%” icon_font_size=”28px” icon_font_size_last_edited=”off|desktop” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n +54 11 43265868<\/a> [\/et_pb_blurb][et_pb_text admin_label=”Contact US Title” _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”16px” header_font=”Source Serif Pro|700|||||||” header_text_color=”rgba(58,52,226,0.93)” header_font_size=”24px” custom_padding=”0px|0px|0px|0px” animation_style=”fold” animation_direction=”bottom” animation_intensity_fold=”20%” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n [\/et_pb_text][et_pb_social_media_follow use_icon_font_size=”on” admin_label=”Facebook” _builder_version=”4.18.0″ _module_preset=”default” text_orientation=”center” custom_margin=”20px||||false|false” border_radii=”on|100%|100%|100%|100%” link_shape=”circle” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_social_media_follow_network social_network=”facebook” url=”https:\/\/www.facebook.com\/CastroSammartinoPierini\/” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#3b5998″ custom_margin=”|10px|||false|false” global_colors_info=”{}” theme_builder_area=”post_content” follow_button=”off” url_new_window=”on”]facebook[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=”twitter” url=”https:\/\/twitter.com\/CSPAbogados1″ _builder_version=”4.18.0″ _module_preset=”default” background_color=”#00aced” custom_margin=”|10px|||false|false” global_colors_info=”{}” theme_builder_area=”post_content” follow_button=”off” url_new_window=”on”]twitter[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=”linkedin” url=”https:\/\/ar.linkedin.com\/company\/castro-sammartino-&-pierini-abogados—attorneys-&-counselors-at-law” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#007bb6″ custom_margin=”|10px|||false|false” global_colors_info=”{}” theme_builder_area=”post_content” follow_button=”off” url_new_window=”on”]linkedin[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=”instagram” url=”https:\/\/www.instagram.com\/castrosammartino_pierini\/” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#ea2c59″ global_colors_info=”{}” theme_builder_area=”post_content” follow_button=”off” url_new_window=”on”]instagram[\/et_pb_social_media_follow_network][\/et_pb_social_media_follow][et_pb_social_media_follow _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_social_media_follow][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.16″ _module_preset=”default” background_color=”#ffffff” background_position=”top_left” custom_padding=”50px|40px|50px|40px” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_contact_form email=”info@cspabogados.com.ar” title=”Send us an email” success_message=”Thank you very much for your message. 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exchange market restrictions for multinational companies doing business in 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