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1.1.1.1. Specific Uses of Available legal Entities

The organization and functioning of a SRL are less complex than those of an SA. In particular, its management consists of only one or more managers, whereas the management of an SA consists of a board of directors and a chairman and a Síndico. An SRL is therefore more suitable for small family-owned companies.

Banks and other financial entities must be established as Sociedad Anónima.