START A BUSINESS
Uruguayan positive law gathers practically all the existing business types of the world, with the possibility of organizing a new legal entity and establishing 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.
Other less used corporate 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 money and time.
START YOUR BUSINESS ONLINE
It is a service for setting up a company offered by Uruguayan state, without additional costs and that, in a single procedure, it allows to constitute and register a company in a time approximately of 24 hours from its presentation.
Companies that can be created:
Business partnership (S.A. and S.R.L.)
Other types of companies can not be registered with this system:
Banking and Financial
Staff of international organizations
Free trade zone
To register the company and prove your representation, you can choose the registration with electronic signature or Notarial Certificate.