Justia Argentina. search. My Account. Log In Sign Up. search. Find a Lawyer · Ask a Lawyer Ley Nº Descarga el documento en version PDF. Regimen de Sociedades Comerciales: Ley 19, Texto Ordenado Segun Decreto Con La Incorporacion de Las Leyes 19, Argentina Zunino. Ley de Sociedades Comerciales: Ley Comentada y Concordada: Normativa Complementaria (Serie de Legislacion Comentada) (Spanish Edition) by.

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In this case, an application should also be submitted to the relevant controlling authority for approval of the change of shareholder. The argenfina expressing the will of an SRL are: Spanish term or phrase: View forum View forum without registering on UserVoice. The advantage of a transfer of an ongoing concern is that the purchaser has a mechanism that enables it to know the business liabilities accurately, and so avoid any surprises from concealed or non-declared liabilities.

Such shares also give rights to increase the holding in proportion to the shares subscribed on each occasion. Under section 7 of the Law, an economic concentration is prohibited if its only purpose or effect is argenyina could be to restrict or distort competition, in a manner that harm may result to the general economic interest.

Close and don’t show again Close. This document is only intended to provide guidance on the main topics of Argentine regulations, and does not constitute advice of any kind whatsoever.

The practical importance of a trust is that the property transferred in trust is kept separate from the property of the trustee and the grantor. Ley 19, correspondiente al ejercicio finalizado el 31 de diciembre de It is an associative and contractual type. key

Joint Ventures UTE 3. This is an agenda point. There is no additional requirement to be fulfilled, except in the case of property subject to registration, in which case the final merger agreement must be registered with the relevant registry.


The first is preparing and conducting a suitable due diligence process on the target company, so as to identify its main contingencies and risks. The minimum capitalization of an S. The entity is managed by one or more managers, who may be partners or not.

View Ideas submitted by the community. Defense of Competition 3.

Login or register free argentna only takes a few minutes to participate in this question. The CNDC may authorize or deny the transaction, or require compliance with such conditions as this controlling authority determines. We must also review if the corporate purpose requires that, the entity whose equity is evidenced by such shares is subject to a controlling authority.

It contains the minutes of an Annual General Meeting. Under our LSC, there are no restrictions for a foreign individual or legal entity to participate in a local business entity, subject to registration as contemplated under sections or of the LSC.

The source doc comes from Argentina. Business Companies and other Investment Vehicles 3. The capital must be fully subscribed at the time of the organization act. A foreign company may operate in Argentina in different manners: Its effect upon third parties is subject to the document lley entered into in writing and registered with the RPC. In the case of an entity that already exists in Argentina, which has a similar corporate purpose, we must review if the acquisition must be reported for approval by the National Commission for Defense 1550 Competition CNDCas controlling authority of the Law for Argfntina of Competition.

doing business in argentina

Upon such terms, the sale document may be validly signed. Each interest share entitles the partner to one vote. Sectionsubsection 1 of Law Explanation: Under section 6 of the Law, economic concentration means taking control of one or multiple businesses, by any of the following: Participation is free and the site has a strict confidentiality policy. Term search Jobs Translators Clients Forums. The CNDC has 45 days to pass on the matter, as from the submittal of all the required documentation.


In the case of an SA, the share transfer must be registered in the Register of Shares kept by the Entity whose shares are the subject of the transaction, in which case the entity must be notified under section of the LSC. It may have up to 50 partners, who may be individuals or entities. Most registered entities are corporations or limited liability companies.

Reviewing applications can be fun and only takes a few minutes. You will also have access to many other tools and opportunities designed for those who have language-related jobs or ragentina passionate about them.

Ley Nº 23576

However, it is considered as an obligor for certain purposes such as employment obligations, social contributions and taxes. The governing body of an SRL is generally indicated in the organization agreement. However, the entity is jointly, severally and unlimitedly liable for the payment of equity subscribed by the other partners.

Sectionsubsection 1 of Law A regularly organized business company requires a written contract registered with the Public Registry of Commerce relating to the address chosen by the entity.

Non-monetary contributions must be fully paid at the time of registration.

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