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Uruguay

Americas Β· UY Β· URY Β· Oriental Republic of Uruguay
25.00%
CORP TAX
6.8/10
TRUST
4/5
BANKING
2–60 days
SETUP

TAXATION

Corporate Tax25.00%
Personal Income Tax36.00%
Capital Gains Tax12.00%
VAT / GST22.00%
Withholding Tax7.00%
Territorial TaxationYes
CFC RulesNo
Tax Treaties24
Transfer PricingYes
Tax-Free ZonesYes
Crypto TaxUnclear

FORMATION

Govt Registration Fee$400
Annual Renewal Fee$480
CSP Fee (Low)$1, 200
CSP Fee (High)$3, 000
Annual Maint (Low)$1, 500
Annual Maint (High)$3, 800
Timeline2–60 Days
Online RegistrationYes
Min Directors1
Min Shareholders1
Local DirectorNo
Local SecretaryNo

BANKING & COMPLIANCE

Banking Ease4/5
Privacy Index3
Audit RequiredYes
Annual FilingYes
BO RegisterNo
UBO DisclosureYes
FATCA CompliantYes
AEOI ParticipantYes
Correspondent BankingGood
Crypto RegulationRegulated
Digital BankingMost Major Banks Offer Online And Mobile Banking. Digital Wallets Like Mercado Pago Are Also Popular.

SUITABILITY SCORES

Overall Trust6.8/10
Holding Company4/5
Trading Company4/5
IP Holding4/5
Startup4/5
Crypto3/5
Asset Protection4/5
Top IndustriesAgriculture, Services, Manufacturing
Digital Nomad VisaYes
Residency by IncorpYes
Citizenship by InvestNo

incorporator AI Assessment

AUTOMATED ANALYSIS Β· URUGUAY
GOOD

Uruguay is a Americas jurisdiction offering moderate corporate tax at 25% with strong reputation (trust score: 6.6/10). Company registration typically takes 2–60 days with formation costs ranging from $? to $?. Banking ease is rated 4/10. The jurisdiction operates a territorial tax system.

ADVANTAGES
  • +Territorial taxation system β€” foreign income not taxed
  • +Tax-free zones available for qualifying businesses
  • +Excellent holding company jurisdiction
  • +Highly suitable for startups and tech companies
  • +Strong asset protection frameworks
  • +Fast company registration process
DISADVANTAGES
  • βˆ’Relatively high corporate tax rate
  • βˆ’Challenging banking environment for foreign companies
  • βˆ’Lengthy registration process
BEST FOR
Holding companiesInternational tradingTech startupsAsset protection
RISK FACTORS
Regulatory changes may affect tax and compliance obligationsCurrency exchange risks for non-USD denominated jurisdictions

AI-GENERATED ASSESSMENT Β· NOT LEGAL OR FINANCIAL ADVICE Β· VERIFY WITH QUALIFIED PROFESSIONALS

ENTITY TYPES

Limited Liability Company
LLC
limited

Flexible entity with pass-through taxation and liability protection.

Timeline: 7–16d
Compliance: low
Min shareholders: 1
Min directors: 1
HoldingTradingIPCrypto
LAST UPDATED FEB 22, 2026
Corporation
Corp
limited

Standard corporation structure for venture-backed companies.

Timeline: 5–21d
Compliance: high
Min shareholders: 1
Min directors: 1
HoldingTradingIP
LAST UPDATED FEB 22, 2026
Sole Proprietorship
SP
unlimited

Simplest business structure for individual entrepreneurs.

Timeline: 6–30d
Compliance: low
Min shareholders: 1
Min directors: 1
Trading
LAST UPDATED FEB 22, 2026

SERVICE PROVIDERS IN URUGUAY

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