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ARTICLE · 30 SEPTEMBER 2016

Simplified Corporation Bill

Marval O'Farrell & Mairal
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The Executive Branch filed an initiative for the creation of a new corporate type: Simplified Corporations within the creation of a legal regime to support entrepreneurial activity.

ArgentinaCorporate/Commercial Law
Barbara Ramperti
Barbara Ramperti
Maria Fernanda Molina
Maria Fernanda Molina
Diego Krischcautzky
Diego Krischcautzky

On September 2, 2016, the Executive Branch submitted to the House of Representatives a bill which intends to regulate two main issues: (i) on one hand, support for entrepreneurial activity and (ii) on the other hand, the setting up of a new corporate type, the S.A.S (the "Bill"). Currently, the Bill is under analysis of the General Legislation, Small and Medium-Sized Enterprises, and Budget and Estate Committees.

Below we shall make a brief overview regarding the most relevant aspects of the creation of a new corporate structure. For an overview of the entrepreneurial capital promotion regime please see "Support for Entrepreneurial Activity Bill" in this edition of Marval News.

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