Which companies must present financial statements (LGS art. 62)
Article 62 of the General Companies Law requires companies limited by shares and SRLs whose capital reaches the threshold in article 299(2) to present annual financial statements governed by articles 63 to 66 and also regulates supplementary consolidated information for corporate groups.
What article 62
Article 62 determines which companies must present annual financial statements and consolidated group information.
Companies shall state in their balance sheets the date on which their term of duration expires. Limited-liability companies whose capital reaches the amount specified in article 299, paragraph 2, and companies limited by shares shall present the annual financial statements governed by articles 63 to 65 and comply with article 66. Controlling companies shall present consolidated financial statements as supplementary information.
Source: Law 19,550, art. 62 - InfoLEG (updated official text)
Commentary
The provision identifies who bears the formal corporate reporting duty: all companies keep records, but full annual statements—balance sheet, income statement and management report—are formally required for S.A.s and larger SRLs. Controlling companies must also provide consolidated group information.
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