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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Peer comments on this answer and responses from the answerer agree. The capital must be fully subscribed at the time of the organization act. In a consolidation, two or more entities transfer their assets and liabilities to a new entity organized for the purpose.
You have native languages that can be verified You can request verification for native languages by completing a simple application that takes only a couple of minutes. Mergers There are two ways of effecting a merger under the LSC: Sectionsubsection 1 of Law General Principles in our Business Companies Law 3. You can request verification for native languages by completing a simple application that takes only a couple of minutes.
art. 234 Inc. 1ro. Ley 19,550
Subject to compliance with certain requirements, aggentina transaction will obtain a tax treatment that is advantageous to the absorbing entity. Such shares also give rights to increase the holding in proportion to the shares subscribed on each occasion. Otherwise, each manager is equally empowered to transact business on behalf of the entity.
Non-money contributions must be fully paid-in at the time of registration.
This is an agenda point. Under section 7 of the Law, an economic concentration is prohibited if its ragentina purpose or effect is or could be to restrict or distort competition, in a manner that harm may result to the general economic interest.
doing business in argentina
Automatic update in However, lately the IGJ is reviewing if the capital must be consistent with the business to be carried on by the entity, and registration denied where it is not sufficient.
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The main features of this entity type are that the equity is evidenced by shares, and the shareholders limit their liability to the payment of capital subscribed for in the articles of association. In the case of an acquisition of a share holding in an entity, a contractual mechanism must be sought to guarantee that the purchaser will be kept harmless against concealed or non-declared liabilities of the seller with respect to the issuer.
A regularly organized business company requires a written contract registered with the Public Registry of Commerce relating to the address chosen by the entity.
Chris Lancaster Spain Local time: That is how I learnt it while studhying to become a Legal Translator thirty-five years ago. The UTE may consist of entities organized in Argentina, individual business persons with domicile therein, and entities organized abroad, provided that they register under sectionparagraph 3 of the LSC. Reviewing applications can be fun and only takes a few minutes. The members of the merged entities receive shares in the surviving entity, at the exchange relation provided for the purpose.
A foreign company may operate in Argentina in different manners: However, it is considered as an obligor for certain purposes such as employment obligations, social contributions and taxes. Ongoing Concerns Transfers 3. In a merger, an existing entity absorbs the assets and liabilities of one or more entities that are subsequently dissolved.
Ley Nº 23576
The CNDC may authorize or deny the transaction, or require compliance with such conditions as this controlling authority determines. Spanish PRO pts in category: The trust may be a management, guarantee or financial trust. Joint Ventures UTE 3.
Peer comments on this answer and responses from the answerer. Consideracion de la documentacion del art.
Grading comment Selected automatically based on peer agreement. Business Companies and other Investment Vehicles 3. Login to enter a peer comment or grade. Argentian, we must consider which will be the most suitable way to channel the acquisition of the shares.
This is a type of entity that includes certain personal features and certain features relating to a stock-based entity.
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. The bodies expressing adgentina corporate will at an S.
Ley 19, correspondiente al ejercicio finalizado el 31 de diciembre de Under our LSC, there are no restrictions for a foreign individual or legal entity to participate in a argemtina business entity, subject to registration as contemplated under sections or of the LSC. The first is preparing and conducting a suitable due diligence process on the target company, so as to identify its main contingencies and risks.