Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 2 days ago

 Read time: 0 mins 19 secs

Renewable Energies in Argentina RenovAr Round 2: a new call for tender. Further tax incentives

Renewable Energies in Argentina RenovAr Round 2Moving forward with the ambitious program for fostering investments in the renewable energies field, the Argentine Federal Government has just launched a new open national and international call for tender. Please, continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 9 days ago

 Read time: 0 mins 22 secs

Regulation of Simplified Corporations in Argentina to bring them up to speed


Regulation of Simplified Corporations in Argentina have just been put into force at the federal level, to have them fully operative as of 1 September 2017. This possibility of an organization is currently the most innovative, easy-to-incorporate, and customizable legal vehicle available to do business in Argentina. Please … continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 15 days ago

 Read time: 0 mins 22 secs

Corporate Governance in Argentina Corporations. Part 2: director´s duties, guarantees, insurance, and fees.

Conflict of interests, transactions with the company and competitive activitiesFollowing with our series of articles on corporate governance of corporations in Argentina, we will now deal with the board´s duties, guarantees, insurance, and fees, as well as with different acts and activities the directors must refrain from engaging in. Please continue reading on our Legal Blog.


Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 26 days ago

 Read time: 0 mins 40 secs

PPP Contracts in Argentina: modifications to the traditional public procuring regime. Protection and other dispositions of interest to the private partner

Different laws govern the Federal Public Procuring Regime in Argentina.

On the one hand, the traditional public procuring methods are regulated by Law Number 13,064 (Public Works), Law Number 17,520 (Concession of Public Works), and Decree Number 1,023/2001 (Public Procurement of the National Administration), and its regulation by Decree Number 1,030/2016.

On the other hand, the new Public – Private Participation Contracts (the PPP Contracts) established by Law Number 27,328, and is regulatory Decree Number 118/2017 (both legal dispositions, the PPP Regime), as an alternative new tool to try to boost infrastructure development in the country … please, continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 58 days ago

 Read time: 0 mins 19 secs

Choosing the right legal vehicle to do business in Argentina: a brief for foreign companies

There are different legal vehicles to do business in Argentina. The ones most commonly used by multinational companies are:1. Branches; and 2. Subsidiaries, with one or more partners. The main features to ponder are: … please, continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 83 days ago

 Read time: 0 mins 20 secs

Corporate governance in Argentina: corporations. Part 1: management body, appointment and removal directors and operation of the board

This brief deals with corporate governance in Argentina with a focus on the management of corporations, governed in general by the General Companies Law Number 19,550 (Ley General de Sociedades or LGS by its Spanish acronym). Continue reading on our Legal Blog

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 92 days ago

 Read time: 0 mins 22 secs

Minority shareholder rights in Argentina: the need for prevention and dispute resolutions methods

When partnering to do business, it should always be considered the rights the Argentine General Companies Law Number 19,550 (Ley General de Sociedades Nº 19,550 or LGS for its Spanish acronym) grant to minority shareholders or partners – many of them with no minimum shareholding requirement -, such as … continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 99 days ago

 Read time: 0 mins 42 secs

Entrepreneurs in Argentina: tax benefits for investors

The recently enacted Law
Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE) is aimed to provide a
legal framework to foster and fund entrepreneurship in Argentina. The LACE has
established special tax benefits for investors, a crowd funding system and the
Simplified Corporation as a new company type.

All in
all, the LACE will enhance the venture capital industry in Argentina, providing
the myriad of high-skill entrepreneurs the country has with their most scarce
resource up to know: funding. Continue reading on our Legal Blog: http://cspabogados.com.ar/en/entrepreneurs-in-argentina/
[1] To know more about this flexible and simple legal vehicle, please, read our article “Simplified Corporations in Argentina: a new and streamlined legal vehicle to do business” on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 112 days ago

 Read time: 0 mins 54 secs

Simplified Corporations in Argentina: a new and streamlined legal vehicle to do business

On April 22, 2017, it was published in the National Official Gazette Law Number 27,349 on Support for Entrepreneurial Activities (Ley de Apoyo al Capital Emprendedor or LACE). Outstanding among its different provisions is the introduction of a new company type: the Simplified Corporation, also known as Simplified Joint Stock Company or Simplified Shares Company (Sociedad por Acciones Simplificada or SAS by its Spanish acronym). Under Article Number 33 of the LACE, the SAS will be governed specifically by LACE´s provisions and supplemented by the appropriate dispositions of the General Companies Law Number 19,550 (Ley General de Sociedadesor LGS).

Despite the fact that SASs have been introduced by statute with the aim of supporting entrepreneurship, the new company´s legal use and scope are not restricted to entrepreneurs, and due to its streamlined structure, SASs will surely be adopted by many companies of all sizes. SAS´ distinctive features are: … continue reading on our Legal Blog.

Picture
Picture

Castro Sammartino & Pierini. Attorneys at Law
 Posted: 134 days ago

 Read time: 0 mins 25 secs

Security interests in Argentina and other legal tools to enforce collection of debts. A brief for foreign lenders

1. Security interests

Security interests in Argentina may be structured through different agreements according to the nature of the assets included as collaterals.The Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación or CCCN) makes a distinction between personal or movable property and real property or real estate (Articles Number 225 and following). Continue reading