Milei government sends new companies law bill to congress

The Argentine government announced it has sent a bill to Congress to amend the companies law, aiming to reduce state interference and simplify procedures for businesses.

On Friday, May 29, 2026, the government of Javier Milei announced it had sent a bill to the National Congress to amend the companies law. The initiative was prepared by the Ministry of Deregulation and Transformation, the Ministry of Justice and the Legal and Technical Secretariat.

Federico Sturzenegger, minister of deregulation, said on his X account that the project "adds to the set of very deep reforms we are implementing". He noted that it aims to move from a rigid regime to one based on autonomy and deregulation.

Key changes include suppletory rules that prioritize partners' statutes, broader corporate objects and full digitization of the regime. It also introduces figures such as automated companies operated by artificial intelligence and DAOs based on blockchain.

Sturzenegger stated that the reform adapts corporate law to the 21st-century economy and seeks to attract investment, comparing the model to that of Ireland.

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