Business law in Argentina
Legal Framework
- Independence of Justice
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The judicial system is considered to be mostly independent. Despite reported instances of corruption, the country is largely considered a state of law.
- Equal Treatment of Nationals and Foreigners
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Foreign nationals can benefit from equal treatment in judicial matters, including in commercial disputes. Corruption has been reported in the judicial system.
- The Language of Justice
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Spanish
- Recourse to an Interpreter
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It is possible and advised.
- Sources of the Law and Legal Similarities
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The country's legal system is a combination of the American and Western European systems. Each province also has its own constitution, which mirrors the broad lines of the structures of the federal constitution. The country has not accepted the obligatory jurisdiction of the International Court of Justice (ICJ). Argentina belongs to Mercosur, which has some supranational legislative functions.
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Latest Update: October 2024