2022`s first resolution of the General Inspection of Justice (“IGJ”), General Resolution IGJ 1/2022 (the “Resolution”) sets at 30 years the maximum term of duration of corporations to be registered before the IGJ. We tell you more in this post.
The importance of Family Businesses in Argentina’s economy is indisputable. In fact, the international consulting firm Ernst & Young estimates that around 90% of the country’s small and medium enterprises are family-owned. Beyond the ups and downs of Argentina’s economy, Family Businesses face an additional challenge regarding the management of relationships between partners, which is […]Continue reading
On May 17, 2021, the General Inspectorate of Justice (“IGJ”) issued a new resolution (8/2021) (the “Resolution”) that severely restricts the possibility of registering foreign companies before IGJ under the terms of Section 123 of the Argentine Companies Law (i.e., for the purpose of participating in Argentine companies). Under its current management, the IGJ had […]Continue reading
During last month, the General Inspectorate of Justice (hereinafter “IGJ”, as its acronym in Spanish) has issued certain Resolutions addressed to foundations and associations incorporated in the territory of Buenos Aires City. The following are the most relevant aspects to be considered by such entities: – General Resolution IGJ 3/2021 As from April 14th of […]Continue reading
“I want to delete my account, but I can’t find the option. I want you to stop sending me emails. Enough!” was one of the many messages that Juan – we keep his real name confidential – sent to stop the company from sending him non-consented communications. However, despite the clarity of the message, it […]Continue reading
Facing a possible scenario of renewal of stricter isolation measures, it is important to take into account the new horizons that 2020´s social isolation rules (known in Argentina as “ASPO”, after the acronym of “Social, Preventive and Mandatory Isolation”) left us to continue with the internal affairs of Corporations. The different measures of isolation and […]Continue reading
The General Inspection of Justice has resolved that as from March 20, 2021, Simplified Corporations must submit their financial statements virtually, through the TAD Platform. This must be done within 15 days since the Assembly approves them. In order to carry out the procedure correctly, the following documentation must be submitted: Minutes of the meeting […]Continue reading
Since the entry into force of the Entrepreneurial Capital Support Law (ECP Law) in 2017, Simplified Corporations (or “SAS”, after its acronym in Spanish) have become the mostly chosen corporate structure for innovating enterprises in Argentina, mainly due to its low regulation and reduced costs. Although there were important challenges in its implementation, from the […]Continue reading
2020 was, without a doubt, a year of challenges at the global level. For the Lerman & Szlak franchise team, led by our partner Cecilia Brazzola, it was no exception. The social distancing measures provided by the Government to mitigate the risks of the health system collapse prevented the opening of gastronomic establishments to the […]Continue reading
María Cecilia Brazzola, our Partner and expert on Corporate Law at Lerman & Szlak, led the process of accompanying the Worcket company, advising its entire Due Diligence process during 2019. This assistance contributed to the consolidation of a new investment for US $ 1.5 million, which strongly settles Worcket’s position in the market of Human […]Continue reading
