What to keep in mind
Maintain local minutes, directors' terms, statutory books, reporting, beneficial ownership records and proper delegation of powers.
Reliance solely on headquarters' records may leave local compliance gaps.
Distinctions often confused
Group accounting and local corporate recordkeeping are different duties.
Frequently asked questions
Can all records be kept at the foreign head office?
Applicable Argentine law and registration rules determine acceptable custody and formats.
Must subsidiaries keep their own directors and officers?
Their governing bodies must satisfy the local legal form and requirements.
Informational content. It is not a substitute for professional advice.