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Argentina Forms Commission to Develop Simplified Financial Statement Requirements for the New Simplified Joint-Stock Company Form

|Approved Changes|Argentina
Argentina

On 1 September 2017, Argentina published General Resolution 4115-E in the Official Gazette. The Resolution provides for the formation of a commission to determine the required content for the financial statements to be prepared by a simplified joint-stock company (Sociedad por acciones simplificada - SAS), which was introduced by Law 27.349 in order to reduce the administrative burden of establishing and operating a business in Argentina ({News-2017-04-27/A/2-previous coverage}). The commiss…

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