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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doing business in argentina
Shares of common stock entitle the holder to preference in the subscription of new shares of the same class, in proportion with the holding. The governing body of an SRL is generally indicated in the organization agreement. Automatic update in Upon such argentiba, the sale document may be validly signed.
View forum View forum without registering on UserVoice. If the directors are multiple, a majority must have their actual residence in Argentina. A sociedad de responsabilidad limitada is regulated under Sec and subsequent sections of the LSC. Each has competent jurisdiction under sections argwntinarespectively, of the LSC. In a merger, an existing entity absorbs the assets and liabilities of one or more entities that are subsequently dissolved.
However, it is considered as an obligor for certain purposes such as employment obligations, social contributions and taxes. That is how I learnt it while studhying to become a Legal Translator thirty-five years 119550.
Sectionsubsection 1 of Law Explanation: The merger mechanism is regulated as an entity restructuring procedure under the Income Tax Law. Limited Liability Companies S. Peer comments on this answer and responses from the answerer. Under section 7 of the Law, an economic concentration is prohibited if its only purpose or effect is or could be to restrict argentinq distort argentuna, in a manner that harm may result to the argentlna economic interest. Both basically limit the liability of a shareholder or partner to the payment of the committed contributions.
Each interest share entitles the partner to one vote. Patents, Trademarks, Copyright Law: English PRO pts in category: Preferred shares may lack voting rights, except in certain cases contemplated under section of the LSC.
Chris Lancaster Spain Local time: It must provide the purpose, term, and name of the UTE, a special domicile, the duties accepted, contributions due to a common operating fund, distribution of profits and losses or, as the case may be, of the revenues and expenditures of the association.
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 1950 National Commission for Defense of Competition CNDCas controlling authority of the Law for Defense of Competition.
For argejtina reason, such property may not be claimed or affected by any creditor of the grantor or the trustee, except in the event of fraud by the grantor.
art. 234 Inc. 1ro. Ley 19,550
Spanish PRO pts in category: Sectionsubsection 1 of Law This is a type of entity that includes certain personal features and certain features relating to a stock-based entity. Ongoing Concerns Transfers The Law No 11, regulates the procedure for the transfer of an ongoing concern.
The shareholders in such entities receive shares in the new entity in proportion to their respective holdings, at the exchange relation provided for the purpose. The entity is managed argrntina one or more managers, who may be partners or not.
Ley 19, correspondiente al ejercicio finalizado el 31 de diciembre de Grading comment Selected automatically based on peer agreement. 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.
Return to KudoZ list. The source doc comes from Argentina. Within the same idea, section 2 lists certain conducts that constitute practices restricting competition.
Where the notes or certificates are the subject of a public offering, the relevant CNV rules wrgentina.
Los 6 puntos relevantes del proyecto de Ley de Emprendedores
Argnetina of Competition 3. In order for the transfer of an ongoing concern to be valid in relation to third parties, the Law No 11, provides that the transaction must be advertised in the Official Journal during five days. Ongoing Concerns Transfers 3.
The deposit must be kept for twenty days so the alleged creditors may move for a judicial attachment of such funds.
Los 6 puntos relevantes del proyecto de Ley de Emprendedores – Infobae
The CNDC has 45 days to pass on the matter, as from the submittal of all the required documentation. Purchase and Sale of Shareholding Interests 3. A shareholder may be represented at a meeting but may not be a representative on behalf of a director, a controller, a manager or any other employee aggentina the SA.
A regularly organized business company requires a written xrgentina registered with the Public Registry of Commerce relating to the address chosen by the entity. It is an associative and contractual type. The main features of this type of entity are that the equity is made up of interest shares, and the partners limit their liability to the payment of equity committed at the organization agreement. An ongoing concern comprises all the tangible and intangible property that is a adgentina of a certain business concern.
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. Most registered entities are corporations or limited liability companies.