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 […]
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 […]
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 […]
On December 18, 2020, Law No. 27,605 was published in the Official Gazette, which establishes the Solidarity and Extraordinary Contribution to Help Mitigate the Effects of the Pandemic. This comes in addition to the already applicable Wealth Tax that has rates ranging from 1.25% to 2.25%. The emergency contribution, which is extraordinary and mandatory […]
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 […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Jose Maria Allonca of Allonca Abogados. Jose has joined IR as our exclusive Commercial Law Member in Argentina. Since 1991, Allonca Abogados is focusing on the commercial operations of local and foreign companies doing business in Argentina. The firm has a strong […]
On August 4, 2020, the bill sent by the Executive Power to the National Congress on the “Restoration of the Sustainability of Public Debt implemented in Securities Issued under Argentine Law” was passed (the “Law”). The adoption of the Law is performed under the framework of the agreement with the majority of the bondholders announced […]
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 during this difficult period. Therefore, we send you the lastest legal news in our country: General Resolution No. 4758/2020 – Income Tax Deadline Extension Stay at home and take care! Edgar […]
The Argentine National Congress is currently working on the enactment of a law which will amend the Employment Contract Law No. 20,744 incorporating remote working to the Title III “On the modalities of the employment contract”, Chapter VI, section 102 Bis.- The bill of law is based on the improvement of labor productivity through the […]
On June 30, 2020, Law No. 27,551 on urban lease agreements was published in the Official Gazette (the “Urban Lease Law”). The Urban Lease Law introduces amendments with respect to the special domicile to be informed by the parties- and, in particular, to the regulations of the National Civil and Commercial Code (“CCC”) regarding urban […]
On June 11, 2020, the Decree of Necessity and Urgency No. 8/2020 of the Government of the City of Buenos Aires was published, through which the Sanitary Emergency originally declared by Decree of Necessity and Urgency No 1/20 was extended until August 31, 2020. The DNU 1/20 of last August 31, 2020 establishes as the […]
On May 29, 2020, through communication “A” 7030 (the “Communication”), the Central Bank of the Argentine Republic (“BCRA”) has intensified the restriction on the exchange market. 1. The Communication established that in order to grant access to the exchange market for the following operations: (i) Import payments and other purchases of goods abroad (ii) Payments […]