Argentina General Companies Bill: Contractual autonomy, governance modernization, and the agentic economy

研报英文原文证据摘录

Argentina General Companies Bill: Contractual autonomy, governance modernization, and the agentic economy

ce from Ley 19,550 forced every Argentine tech

or growth company to structure them contractually with uncertain enforceability.

Broadened unipersonal (single-member) companies: expanded access across more company type. Important for holding vehicles, foreign company

branches, and single-founder tech enterprises.

Capital-function reformulation: the bill explicitly acknowledges that the nominal capital figure does not serve as a real guarantee to creditors; third-party

protection shifts to solvency/liquidity tests for distributions, administrator liability, and veil-piercing rules. This allows more flexibility in capital structure

without impairing creditor protection.

Statutory arbitration: the bill establishes arbitration as a first-class, bylaw-incorporated dispute resolution mechanism for all company types, with courts

and arbitrators explicitly empowered to grant interim relief, order discovery, and integrate procedural steps.

Flexible corporate object: companies can now have a broad or plural object, with connected or unconnected activities, and where the bylaw is silent,

the company is presumed able to carry out any lawful activity, eliminating the observation culture where Registros blocked activities not listed in the

original bylaws.

Source: J.P.Morgan

The Agentic Economy provisions

Minister Sturzenegger previewed the reform in late April, arguing that Argentina should

establish a legal framework to host AI-driven economic activity, citing Ireland’s one-day

GDP jump following the relocation of Apple’s intellectual property entities. President Milei

amplified the message in a June 4 Financial Times op-ed co-authored with Sturzenegger,