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Companies Act 19,550 · Article 7 — Duly incorporated company

When a company becomes duly incorporated (LGS art. 7)

Section 7 of the General Companies Law lays down a key principle: a company is considered duly incorporated only upon registration with the Public Registry.

Source: Act 19,550

What article 7

Section 7 establishes that a company's regular status depends on its registration.

Official text · Act 19,550, art. 7

A company shall be considered duly incorporated only upon its registration with the Public Registry of Commerce.

Source: Law 19,550, art. 7 - InfoLEG (updated official text)

Commentary

Registration draws the line between a duly incorporated company (with the full effects of its chosen statutory form) and a Section IV company (arts. 21 et seq.). Until registration, even if the agreement has been executed, the company does not enjoy the regular status of the chosen form.

This page is informational and does not constitute legal advice nor replace professional consultation. It quotes the official text of the rule; for its application to a specific case, consult a licensed professional.

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