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Uruguayan law gathers all  the existing businesses types of the world, with the opportunity to organize a new legal entity and set up a foreign company branch.

 

As for the constitution of a new legal entity, the most frequently used business types are: Corporations (where corporate capital may be represented by registered shares or bearer shares) and Limited Liability Companies.

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Other less used business types are general partnerships (sociedades colectivas), limited partnerships (sociedades en comandita), labor and capital partnerships (sociedades de capital e industria) and De facto partnerships (sociedades de hecho).  Furthermore, cooperatives, foreign branches, consortia and economic interest groups (GIEs, for its Spanish acronym) and, in the case of individual undertakings, single-member companies can also be organized. Except for consortia and single-member companies, all other corporate types mentioned above and GIEs feature legal status.

 

Corporations, limited liability companies and single-member companies can be organized in only one step, through the Company in a Day program (“Empresa en el Día”), saving time and money. 

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START YOUR BUSINESS ONLINE

This Uruguayan government service allows setting up a company, without additional costs, by a single procedure, constituting and registering a company in approximately 24 hours since its presentation.

Companies that can be created:

• Unipersonal company

• Facto corporation

• Business partnership (S.A. and S.R.L.)

 

Other types of companies can not be registered with this system:

• Farming

• Banking and Financial

• Rent

• Embassies staff

• Staff of international organizations

• Insurance

• Free trade zone

 

*To register the company and prove your representation, you can choose the registration with electronic signature or Notarial Certificate.

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