{"id":225376,"date":"2025-12-01T17:44:29","date_gmt":"2025-12-01T20:44:29","guid":{"rendered":"https:\/\/cspabogados.com.ar\/?p=225376"},"modified":"2026-08-19T13:12:56","modified_gmt":"2026-08-19T16:12:56","slug":"market-entry-in-argentina-branch-vs-subsidiary","status":"publish","type":"post","link":"https:\/\/cspabogados.com.ar\/en\/market-entry-in-argentina-branch-vs-subsidiary\/","title":{"rendered":"Which is better for market entry in Argentina: a branch or a subsidiary?"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_pb_fullwidth_section et_section_regular et_block_section\"><div class=\"et_pb_fullwidth_post_title_0 et_pb_post_title et_pb_image_below et_pb_bg_layout_light et_animated et_pb_module\"><div class=\"et_pb_title_container\"><h1 class=\"entry-title\">Which is better for market entry in Argentina: a branch or a subsidiary?<\/h1><p class=\"et_pb_title_meta_container\">by <span class=\"author vcard\"><a href=\"https:\/\/cspabogados.com.ar\/en\/author\/mario-eduardo-castro-sammartino\/\" title=\"Posts by Mario Eduardo Castro Sammartino\">Mario Eduardo Castro Sammartino<\/a><\/span> | <span class=\"published\">1 Dec 2025<\/span><\/p><\/div><\/div><\/div><div class=\"et_pb_section_1 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_0 et_pb_row et_block_row\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p style=\"font-weight: 400;\">When a foreign company decides to establish a permanent presence in Argentina, one of the first and most critical decisions is whether to operate through a branch or a subsidiary. This choice is foundational, and it directly impacts market-entry costs, operational flexibility, regulatory compliance, and overall risk tolerance.<\/p>\n<h2 style=\"font-weight: 400;\"><strong>The Branch: Simplicity, but with Exposure<\/strong><\/h2>\n<p style=\"font-weight: 400;\">Under Argentine law, a branch does not constitute a separate legal entity. Instead, it is treated as the same foreign parent company established and doing business in Argentina, although it maintains independent records for accounting and taxation.<\/p>\n<p style=\"font-weight: 400;\">As a result, the parent company remains fully liable - with all its worldwide assets - for any obligations incurred by the branch, including labor, tax, and commercial claims.<\/p>\n<p style=\"font-weight: 400;\"><u>Key advantages<\/u><\/p>\n<ul>\n<li>Simpler setup process;<\/li>\n<li>Easier management, and fewer compliance obligations;<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><u>Potential drawbacks<\/u><\/p>\n<ul>\n<li>No liability limitation;<\/li>\n<li>Limited scalability. They cannot issue shares or easily attract local partners, which restricts long-term growth strategies.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">In summary, branches are more suitable for small-scale, low-investment ventures, short-term projects, or representative offices. They may fit exploratory or temporary ventures, but they are not recommended for sustained, long-term operations due to the heightened exposure they impose on the parent entity.<\/p>\n<h2 style=\"font-weight: 400;\"><strong>The Subsidiary: Building a Shielded Local Presence<\/strong><\/h2>\n<p style=\"font-weight: 400;\">Establishing a subsidiary involves a two-step process: first, registering one or more foreign entities with the local Public Registry; and second, incorporating a domestic company in which those entities serve as partners or shareholders. This structure provides robust liability protection and operational independence.<\/p>\n<p style=\"font-weight: 400;\"><u>Preferred Corporate Forms<\/u><\/p>\n<p style=\"font-weight: 400;\"><em>Sociedad An\u00f3nima<\/em> (SA): Similar to a U.S. corporation, the SA is ideal for larger operations. It requires a minimum share capital of ARS 30,000,000. For multi-shareholder SAs, only 25% of the capital must be paid upfront, with the balance due within two years.<\/p>\n<p style=\"font-weight: 400;\"><em>Sociedad de Responsabilidad Limitada<\/em> (SRL): Akin to a U.S. LLC, the SRL has no statutory minimum capital requirement, though the amount must be \"reasonable\" relative to the company's purpose to maintain credibility with banks, regulators, suppliers, clients, and other third parties.<\/p>\n<p style=\"font-weight: 400;\"><em>Sociedad An\u00f3nima Unipersonal<\/em> (SAU): A single-shareholder SA requires full capital payment upfront and a mandatory statutory auditor (<em>s\u00edndico<\/em>), who must be an Argentine lawyer or accountant.<\/p>\n<p style=\"font-weight: 400;\">No local partner is required, allowing subsidiaries to be 100% foreign-owned.<\/p>\n<p style=\"font-weight: 400;\"><u>Key Advantages<\/u><\/p>\n<ul>\n<li>Limited Liability: Shareholders' exposure is capped at their contributed capital, effectively shielding the parent company's assets from local risks.<\/li>\n<li>Scalability: Subsidiaries can raise local capital, issuing shares, and listing them in the capital market.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><u>Potential Drawbacks<\/u><\/p>\n<ul>\n<li>Higher upfront costs and setup time;<\/li>\n<li>More complex management and compliance obligations<\/li>\n<\/ul>\n<h2 style=\"font-weight: 400;\"><strong>Conclusion: Country Outlook and Strategic Considerations for 2026 and Beyond<\/strong><\/h2>\n<p style=\"font-weight: 400;\">As Argentina approaches 2026, the country offers renewed opportunities for international businesses looking to expand into Latin America. Sweeping economic and legal reforms have aimed to deregulate the economy, curb inflation, and attract foreign direct investment. Key initiatives already in place include the Regime for the Incentive of Large Investments (RIGI), which provides reduced corporate income tax rates and other significant tax benefits; labor reforms granting greater flexibility to employers; and the loosening of foreign exchange controls. Additional reforms are anticipated following December 10, 2025, when the new composition of the Federal Congress - shaped by the 2025 mid-term legislative elections - takes effect.<\/p>\n<p style=\"font-weight: 400;\">Ultimately, the decision between a branch and a subsidiary should align with the company's specific goals, risk profile, and long-term strategy for operating in Argentina and the broader Latin American market.<\/p>\n<p style=\"font-weight: 400;\">At Castro Sammartino &amp; Pierini, we specialize in guiding international clients through these critical decisions, from initial registration to ongoing compliance and strategic planning. <a href=\"https:\/\/cspabogados.com.ar\/contactenos-castro-sammartino-pierini\/\">Contact us<\/a> today to discuss a tailored strategy for your business expansion.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">Mario E. Castro Sammartino<\/p>\n<p>&nbsp;<\/p>\n<p style=\"font-weight: 400;\">For additional information on these or any other issues related to doing business in Argentina, please,\u00a0<a href=\"http:\/\/eepurl.com\/WuawX\" target=\"_blank\" rel=\"noopener\">sign up<\/a>\u00a0for our Legal Blog or\u00a0<a href=\"https:\/\/cspabogados.com.ar\/contactenos-castro-sammartino-pierini\/\">contact us<\/a>\u00a0at any time.\u00a0Our publications exclusively express the\u00a0author\u00b4s opinion and do not purport to be legal counsel on any case. 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companies<\/h1>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_row_3 et_pb_row et_block_row\"><div class=\"et_pb_column_5 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_blog_0 et_pb_blog et_pb_bg_layout_light et_pb_posts et_pb_module\"><div class=\"et_pb_ajax_pagination_container\"><div class=\"et_pb_blog_posts et_grid_module\"><article class=\"et_pb_post et_pb_post_id_225419 clearfix et_pb_blog_item_0_0 post-225419 post type-post status-publish format-standard has-post-thumbnail hentry category-companies category-corporate category-doing-business\"><div class=\"et_pb_image_container\"><a href=\"https:\/\/cspabogados.com.ar\/en\/register-a-foreign-company-in-argentina-2\/\" class=\"entry-featured-image-url\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1136513274.-380-x-256.jpg\" width=\"380\" height=\"250\" alt=\"register a foreign company in Argentina - inscribir una sociedad extranjera en Argentina\" class=\"\" srcset=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1136513274.-380-x-256.jpg 479w, https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1136513274.-380-x-256-380x250.jpg 480w\" sizes=\"(max-width:479px) 479px, 100vw\" \/><span data-icon=\"\ue050\" class=\"et_overlay et_pb_inline_icon\"><\/span><\/a><\/div><h2 class=\"entry-title\"><a href=\"https:\/\/cspabogados.com.ar\/en\/register-a-foreign-company-in-argentina-2\/\">What documents must be prepared to register a foreign company in Argentina?<\/a><\/h2><p class=\"post-meta\">by <span class=\"author vcard\"><a href=\"https:\/\/cspabogados.com.ar\/en\/author\/mario-eduardo-castro-sammartino\/\" title=\"Posts by Mario Eduardo Castro Sammartino\" rel=\"author\">Mario Eduardo Castro Sammartino<\/a><\/span> | <span class=\"published\">Dec 12, 2025<\/span> | <span class=\"entry-categories\"><a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/\" rel=\"tag\">Companies<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/corporate\/\" rel=\"tag\">Corporate<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/doing-business\/\" rel=\"tag\">Doing business in Argentina<\/a><\/span><\/p><div class=\"post-content\"><div class=\"post-content-inner\"><p>Registering a foreign company in Argentina to form or participate in a locally incorporated company involves preparing several documents abroad.. We can help you.<\/p>\n<\/div><a href=\"https:\/\/cspabogados.com.ar\/en\/register-a-foreign-company-in-argentina-2\/\" class=\"more-link\">read more...<\/a><\/div><\/article><article class=\"et_pb_post et_pb_post_id_225402 clearfix et_pb_blog_item_0_1 post-225402 post type-post status-publish format-standard has-post-thumbnail hentry category-companies category-corporate category-doing-business\"><div class=\"et_pb_image_container\"><a href=\"https:\/\/cspabogados.com.ar\/en\/establishing-a-subsidiary-in-argentina\/\" class=\"entry-featured-image-url\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1225619289.-380x254-1.jpg\" width=\"380\" height=\"250\" alt=\"Establishing a subsidiary in Argentina\" class=\"\" srcset=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1225619289.-380x254-1.jpg 479w, https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1225619289.-380x254-1-380x250.jpg 480w\" sizes=\"(max-width:479px) 479px, 100vw\" \/><span data-icon=\"\ue050\" class=\"et_overlay et_pb_inline_icon\"><\/span><\/a><\/div><h2 class=\"entry-title\"><a href=\"https:\/\/cspabogados.com.ar\/en\/establishing-a-subsidiary-in-argentina\/\">The Two-Step Process for establishing a subsidiary in Argentina<\/a><\/h2><p class=\"post-meta\">by <span class=\"author vcard\"><a href=\"https:\/\/cspabogados.com.ar\/en\/author\/mario-eduardo-castro-sammartino\/\" title=\"Posts by Mario Eduardo Castro Sammartino\" rel=\"author\">Mario Eduardo Castro Sammartino<\/a><\/span> | <span class=\"published\">Dec 8, 2025<\/span> | <span class=\"entry-categories\"><a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/\" rel=\"tag\">Companies<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/corporate\/\" rel=\"tag\">Corporate<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/doing-business\/\" rel=\"tag\">Doing business in Argentina<\/a><\/span><\/p><div class=\"post-content\"><div class=\"post-content-inner\"><p>Establishing a subsidiary in Argentina is a two-step registration process, governed by the General Companies Law No. 19,550 (Ley General de Sociedades), and overseen by the Public Registry (the General Inspectorate of Justice \u2013 Inspecci\u00f3n General de Justicia &#8211; in the Autonomous City of Buenos Aires or equivalent provincial registries).<\/p>\n<\/div><a href=\"https:\/\/cspabogados.com.ar\/en\/establishing-a-subsidiary-in-argentina\/\" class=\"more-link\">read more...<\/a><\/div><\/article><article class=\"et_pb_post et_pb_post_id_225376 clearfix et_pb_blog_item_0_2 post-225376 post type-post status-publish format-standard has-post-thumbnail hentry category-companies category-corporate category-doing-business\"><div class=\"et_pb_image_container\"><a href=\"https:\/\/cspabogados.com.ar\/en\/market-entry-in-argentina-branch-vs-subsidiary\/\" class=\"entry-featured-image-url\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1427715103.380x214.jpg\" width=\"380\" height=\"241\" alt=\"branch vs subsidiary in Argentina\" class=\"\" srcset=\"https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1427715103.380x214.jpg 479w, https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2025\/12\/iStock-1427715103.380x214.jpg 480w\" sizes=\"(max-width:479px) 479px, 100vw\" \/><span data-icon=\"\ue050\" class=\"et_overlay et_pb_inline_icon\"><\/span><\/a><\/div><h2 class=\"entry-title\"><a href=\"https:\/\/cspabogados.com.ar\/en\/market-entry-in-argentina-branch-vs-subsidiary\/\">Which is better for market entry in Argentina: a branch or a subsidiary?<\/a><\/h2><p class=\"post-meta\">by <span class=\"author vcard\"><a href=\"https:\/\/cspabogados.com.ar\/en\/author\/mario-eduardo-castro-sammartino\/\" title=\"Posts by Mario Eduardo Castro Sammartino\" rel=\"author\">Mario Eduardo Castro Sammartino<\/a><\/span> | <span class=\"published\">Dec 1, 2025<\/span> | <span class=\"entry-categories\"><a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/\" rel=\"tag\">Companies<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/corporate\/\" rel=\"tag\">Corporate<\/a>, <a href=\"https:\/\/cspabogados.com.ar\/en\/category\/companies\/doing-business\/\" rel=\"tag\">Doing business in Argentina<\/a><\/span><\/p><div class=\"post-content\"><div class=\"post-content-inner\"><p>When a foreign company decides to establish a permanent presence in Argentina, one of the first and most critical decisions is whether to operate through a branch or a subsidiary. <\/p>\n<\/div><a href=\"https:\/\/cspabogados.com.ar\/en\/market-entry-in-argentina-branch-vs-subsidiary\/\" class=\"more-link\">read more...<\/a><\/div><\/article><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"et_pb_section_4 et_pb_section et_section_regular et_block_section et_pb_section_parallax\"><span class=\"et-pb-parallax-wrapper\"><span class=\"et-pb-parallax-background et-pb-parallax-background-module--divi-section-4\" style=\"background-image:url(https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2020\/05\/business-01.jpg)\"><\/span><span class=\"et_parallax_gradient\" style=\"background-image:linear-gradient(180deg, rgba(58,52,226,0.93) 0%,rgba(73,108,220,0.7) 100%)\"><\/span><\/span><div class=\"et_pb_row_4 et_pb_row et_pb_equal_columns et_pb_gutters2 et_block_row\"><div class=\"et_pb_column_6 et_pb_column et_pb_column_1_3 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_3 et_pb_text et_pb_bg_layout_light et_animated et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h1>Contact us<\/h1>\n<\/div><\/div><div class=\"et_pb_text_4 et_pb_text et_pb_bg_layout_light et_animated et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p style=\"text-align: justify;\">It will be a pleasure to meet you personally at our offices, or to take your call.<\/p>\n<\/div><\/div><div class=\"et_pb_blurb_0 et_pb_blurb et_pb_bg_layout_light et_pb_blurb_position_left et_animated et_pb_module et_block_module\"><div class=\"et_pb_blurb_content\"><div class=\"et_pb_main_blurb_image et_animated\"><span class=\"et_pb_image_wrap\"><span class=\"et-pb-icon\">\ue081<\/span><\/span><\/div><div class=\"et_pb_blurb_container\"><div class=\"et_pb_blurb_description\"><p>Tte. 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Juan Domingo Per\u00f3n 679, 3rd. floor<br \/>C1038AAM - Buenos Aires<\/p>\n<p>Argentina<\/p>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_blurb_1 et_pb_blurb et_pb_bg_layout_light et_pb_blurb_position_left et_animated et_pb_module et_block_module\"><div class=\"et_pb_blurb_content\"><div class=\"et_pb_main_blurb_image et_animated\"><span class=\"et_pb_image_wrap\"><span class=\"et-pb-icon\">\uf2a0<\/span><\/span><\/div><div class=\"et_pb_blurb_container\"><div class=\"et_pb_blurb_description\"><p><a href=\"tel:+541143265868\">+54 11 43265868<\/a><br \/><a href=\"tel:+541143265875\">+54 11 43265875<\/a><\/p>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_text_5 et_pb_text et_pb_bg_layout_light et_animated et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h1>Follow us<\/h1>\n<\/div><\/div><ul class=\"et_pb_social_media_follow_1 et_pb_social_media_follow clearfix et_pb_bg_layout_light et_pb_text_align_center et_pb_module et_block_module\"><li class=\"et_pb_social_media_follow_network_4 et_pb_social_media_follow_network et_pb_social_icon et_pb_social_network_link et-social-facebook et_pb_module et_flex_module\"><a href=\"https:\/\/www.facebook.com\/CastroSammartinoPierini\/\" class=\"icon\" title=\"Follow on Facebook\" target=\"_self\" rel=\"noopener\"><span class=\"et_pb_social_media_follow_network_name\">Follow<\/span><\/a><\/li><li class=\"et_pb_social_media_follow_network_5 et_pb_social_media_follow_network et_pb_social_icon et_pb_social_network_link et-social-twitter et_pb_module et_flex_module\"><a href=\"https:\/\/twitter.com\/CSPAbogados1\" class=\"icon\" title=\"Follow on X\" target=\"_self\" rel=\"noopener\"><span class=\"et_pb_social_media_follow_network_name\">Follow<\/span><\/a><\/li><li class=\"et_pb_social_media_follow_network_6 et_pb_social_media_follow_network et_pb_social_icon et_pb_social_network_link et-social-linkedin et_pb_module et_flex_module\"><a href=\"https:\/\/ar.linkedin.com\/company\/castro-sammartino-&#038;-pierini-abogados---attorneys-&#038;-counselors-at-law\" class=\"icon\" title=\"Follow on LinkedIn\" target=\"_self\" rel=\"noopener\"><span class=\"et_pb_social_media_follow_network_name\">Follow<\/span><\/a><\/li><li class=\"et_pb_social_media_follow_network_7 et_pb_social_media_follow_network et_pb_social_icon et_pb_social_network_link et-social-instagram et_pb_module et_flex_module\"><a href=\"https:\/\/www.instagram.com\/castrosammartino_pierini\/\" class=\"icon\" title=\"Follow on Instagram\" target=\"_self\" rel=\"noopener\"><span class=\"et_pb_social_media_follow_network_name\">Follow<\/span><\/a><\/li><\/ul><ul class=\"et_pb_social_media_follow_2 et_pb_social_media_follow clearfix et_pb_bg_layout_light et_pb_module et_block_module\"><\/ul><\/div><div class=\"et_pb_column_7 et_pb_column et_pb_column_2_3 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_contact_form_0 et_pb_contact_form_container clearfix et_animated et_pb_module et_flex_module\" data-form_unique_num=\"0\" data-form_unique_id=\"7067d836e5cc6b8d0df5f1ee01accc26\" id=\"et_pb_contact_form_1\"><h1 class=\"et_pb_contact_main_title\">Send us an email<\/h1><div class=\"et-pb-contact-message\"><\/div><div class=\"et_pb_contact\"><form class=\"et_pb_contact_form et_flex_module\" method=\"post\" action=\"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/225376\"><div class=\"et_pb_contact_field_0 et_pb_contact_field et_pb_module et_flex_module et_flex_column_24_24 et_flex_column_24_24_tablet et_flex_column_24_24_phone\" data-id=\"name\" data-type=\"input\"><label class=\"et_pb_contact_form_label\" for=\"et_pb_contact_0_name_0\">Name<\/label><input type=\"text\" name=\"et_pb_contact_0_name_0\" id=\"et_pb_contact_0_name_0\" class=\"input\" data-required_mark=\"required\" data-field_type=\"input\" data-original_id=\"name\" placeholder=\"Name\" title=\"\" value=\"\" \/><\/div><div class=\"et_pb_contact_field_1 et_pb_contact_field et_pb_module et_flex_module et_flex_column_24_24 et_flex_column_24_24_tablet et_flex_column_24_24_phone\" data-id=\"email\" data-type=\"email\"><label class=\"et_pb_contact_form_label\" for=\"et_pb_contact_0_email_1\">Email<\/label><input type=\"text\" name=\"et_pb_contact_0_email_1\" id=\"et_pb_contact_0_email_1\" class=\"input\" data-required_mark=\"required\" data-field_type=\"email\" data-original_id=\"email\" placeholder=\"Email\" title=\"\" value=\"\" \/><\/div><div class=\"et_pb_contact_field_2 et_pb_contact_field et_pb_module et_flex_module et_flex_column_24_24 et_flex_column_24_24_tablet et_flex_column_24_24_phone\" data-id=\"message\" data-type=\"text\"><label class=\"et_pb_contact_form_label\" for=\"et_pb_contact_0_message_2\">Message<\/label><textarea name=\"et_pb_contact_0_message_2\" id=\"et_pb_contact_0_message_2\" class=\"et_pb_contact_message input\" data-required_mark=\"required\" data-field_type=\"text\" data-original_id=\"message\" placeholder=\"Message\"><\/textarea><\/div><input type=\"hidden\" name=\"et_pb_contactform_submit_7067d836e5cc6b8d0df5f1ee01accc26\" value=\"et_contact_proccess\" \/><div class=\"et_contact_bottom_container\"><div class=\"et_pb_contact_right et_pb_contact_field\"><p class=\"clearfix\"><label><span class=\"et_pb_contact_captcha_question\">14 + 9<\/span> = <input type=\"text\" size=\"2\" class=\"input et_pb_contact_captcha\" data-first_digit=\"14\" data-second_digit=\"9\" data-required_mark=\"required\" name=\"et_pb_contact_captcha_7067d836e5cc6b8d0df5f1ee01accc26\" autocomplete=\"off\" \/><\/label><\/p><\/div><div class=\"et_pb_button_wrapper\"><button type=\"submit\" name=\"et_builder_submit_button\" class=\"et_pb_button et_pb_contact_submit\">Send<\/button><\/div><\/div><input type=\"hidden\" id=\"_wpnonce-et-pb-contact-form-submitted-7067d836e5cc6b8d0df5f1ee01accc26\" name=\"_wpnonce-et-pb-contact-form-submitted-7067d836e5cc6b8d0df5f1ee01accc26\" value=\"5e891f0de8\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/en\/wp-json\/wp\/v2\/posts\/225376\" \/><\/form><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>When a foreign company decides to establish a permanent presence in Argentina, one of the first and most critical decisions is whether to operate through a branch or a subsidiary. <\/p>\n","protected":false},"author":5,"featured_media":225377,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,1228,1274],"tags":[],"class_list":["post-225376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-corporate","category-doing-business"],"_links":{"self":[{"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/225376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/comments?post=225376"}],"version-history":[{"count":6,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/225376\/revisions"}],"predecessor-version":[{"id":225946,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/225376\/revisions\/225946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/media\/225377"}],"wp:attachment":[{"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/media?parent=225376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/categories?post=225376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cspabogados.com.ar\/en\/wp-json\/wp\/v2\/tags?post=225376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}