General Resolution IGJ 5/2024 was published on February 23, 2024 and concerns the guarantees required by representatives of foreign companies domiciled in Buenos Aires. It amends Article 3 of General Resolution IGJ 2/2020, which was previously amended by Resolution IGJ 6/2020. These changes affect the guarantee obligations and their amount for representatives of companies registered […]

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The General Arbitration Court of the Buenos Aires Stock Exchange has introduced new arbitration rules that will enter into force on March 1, 2024. These changes are intended to modernize the arbitration process by, among other things, digitizing it to allow parties to resolve disputes more efficiently. The existing advantages of arbitration compared to court […]

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On March 15, 2024, the General Directorate of Consumer Protection and Defense of the City of Buenos Aires issued regulation DI-2024-1659-GCABABA-DGDYPC, which introduced the “Protocolo de Ventanilla del Turista” (Protocol). This came into force on March 18, 2024 in the autonomous city of Buenos Aires in accordance with Law No. 757. According to this provision, […]

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Decree 209/2024 establishes a new minimum requirement for corporate capital under the General Law of Corporations. This decree, published in the Official Gazette on March 1, 2024, sets the minimum social capital at thirty million pesos ($30,000,000). The decree comes in response to inflationary pressures and aims to ensure that the minimum capital requirement remains […]

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At the beginning of this year 2023 we published a note on the “High Labor costs of Argentina“, giving our opinion on the reasons why different labor regulations issued since the 1990s and several judicial decisions since the beginning of the 21st century have discouraged the creation of registered employment and the arrival of foreign […]

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Dear clients and friends, We hope you are doing well. It is our intention to keep you informed so you can take the best decisions. Therefore, we send you the lastest news in our country.  The Supreme Court of Jjustice declares act 2764-2022 of the labor chamber unconstitutional New resolution of the Inspectorate General o Jjustice […]

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On 29 January 2024, the General Inspectorate of Justice (“IGJ”) published in the Official Gazette of the Argentine Republic General Resolution 1/2024 (the “Resolution”) repealing General Resolution IGJ No. 1/2022 which limited the duration of commercial companies to thirty years from their registration. As of the Resolution, the IGJ retakes the previous guidelines that foresaw […]

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A smart contract is a protocol that runs within a decentralized data network without intermediaries (Blockchain). Surely many are already familiar with the term “blockchain”, since it is the new technology in which, among other things, all cryptocurrency transactions in the digital world, as well as their holding, are sheltered. This network allows us to […]

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On May 26, 2022, Law 27,669 was published in the official gazette, modifying Law 27,350 published in 2017. This law aims to establish a regulatory framework for the national production and marketing of the cannabis plant. That is why the Regulatory Agency for the Hemp and Medical Cannabis Industry (ARICCAME) was created as a decentralized […]

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On January 19, 2021, Decree 27/2021 (the “Decree”) was published in the Official Gazette. This Decree regulates Law 27,555 of the “Legal Regime of the Remote Work” which was published in the Official Gazette on August 14, 2020 (the “Remote Work Regime”). See our newsletter: The Decree provides that the provisions of the Remote Work […]

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On August 14, 2020, the “Legal Regime of the Remote Working Contract”, Law 27,555, was published in the Official Gazette (the “Law”). The Law will enter into force 90 days after the end of the Preventive and Mandatory Social Isolation. That means it does not have a certain entry into force date yet. The remote […]

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On January 29, 2021 Decree 42/2021 (the “Decree”) was published in the Official Gazette. The Decree regulates the Solidarity and Extraordinary Contribution established to “mitigate the effects of the pandemic”. The Decree establishes the following: How the shares or participations in the capital of the companies shall be valued? The subjects mentioned in the Solidarity […]

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