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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Term search All of ProZ. Both basically limit the liability of a shareholder or partner to the payment of the committed contributions.
View Ideas submitted by the community. 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 aryentina under section of the LSC. A regularly organized business company requires a written contract registered with the Public Registry of Commerce relating to the address chosen by the entity.
The equity must be fully subscribed at the time of entering into the organization agreement. I prefer “Act”though.
doing business in argentina
Under section 6 of the Law, economic concentration means taking control of one or multiple businesses, by any of the following: The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases. The purpose of a UTE is to enable two or more persons to provide or perform a specific project, service or supply, within or outside Argentina. Two or more persons are necessary to organize a business company that is a legal entity under the law.
An entity having a commercial purpose, which does not fulfill such requirements, is considered by the LSC as a non-regularly organized entity. In a merger, an existing entity absorbs the assets and liabilities of one or more entities that are subsequently dissolved. 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 of Competition CNDCas controlling authority of the Law for Defense of Competition.
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. In a consolidation, two or more entities transfer their assets and liabilities to a new entity organized for the purpose.
Los 6 puntos relevantes del proyecto de Ley de Emprendedores
The transfer document may only be signed upon the lapse of ten days since the last such notice. Defense of Competition 3. You can request verification for native languages by completing a simple application that takes only a couple of minutes. Its effect upon third parties is subject to the document being entered into in writing and registered with the RPC. It is an associative and contractual type. The first is preparing and conducting a suitable due diligence process on the target company, so as to identify its main contingencies and risks.
Preferred shares may lack voting rights, except in certain cases contemplated under section of the LSC.
Ley Nº 23576
Under our LSC, there are no restrictions for a foreign individual or legal entity to participate in a local business 1955, subject to registration as contemplated under sections or of the LSC. View forum View forum without registering on UserVoice. We will discuss each of these questions below. The board may consist of one or more directors.
Los 6 puntos relevantes del proyecto de Ley de Emprendedores – Infobae
Trusts The Law No 24, regulates a trust, wherein a person grantor transfers trust ownership of certain assets to another person trusteewho agrees to use the property for the benefit of whoever is appointed in the contract beneficiaryand transfer the property at the end of a term, or upon a condition, to whoever is indicated in the contract. In this case, an application should also be submitted to the relevant controlling authority for approval of the change of shareholder.
Review native language verification applications submitted by your peers. Sectionsubsection 1 of Law Unless agreed otherwise, there is no presumption of joint and several liability among the members of the UTE for obligations to third parties. A sociedad de responsabilidad limitada is regulated under Sec and subsequent sections of the LSC.
Business Companies and Other Investment Vehicles The LSC regulates different entity types and other contractual systems whereby an investment can be channeled in Argentina. You will also have access to many other tools and opportunities designed for those who have language-related jobs or are passionate lley them.
Consideracion de la documentacion del art.
The bodies expressing the will of an SRL are: Non-monetary contributions must be fully paid at the time of registration. Sectionsubsection 1 of Law Explanation: A foreign company may operate in Argentiha in different manners: Peer comments on this answer and responses from the answerer.
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.
The governing body of an SRL is generally indicated in the organization agreement. Each has competent jurisdiction under sections andrespectively, of the LSC. English PRO pts in category: