Posts by Legal Team Uruguay- Business News and Updates


Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.

When Do You Need a Legal Representative in Uruguay?

When Do You Need a Legal Representative in Uruguay?

Countries in Latin America and in the rest of the world see Uruguay as an exemplary country in the region for business. Uruguay is socially, politically and economically stable with legal security and a good investment grade. Regardless of the type of legal entity you choose when incorporating your company, you will require a legal representative in Uruguay. The role of the legal representative...

Why are Foreign Companies Choosing to Do Business in Uruguay?

Why are Foreign Companies Choosing to Do Business in Uruguay?

Find out the benefits and incentives to do business in Uruguay in 2020. Despite turbulent economic times in Latin America due to COVID-19 restrictions, Uruguay remains an increasingly popular destination for expanding businesses. Uruguay is a small country with approximately 3,500,000 inhabitants. It is a founding member of Mercosur and for the last decade its political and economic stability...

How to Form an NGO in Uruguay

How to Form an NGO in Uruguay

Find out how to form an NGO in Uruguay and develop your social cause in a steadily developing country. In Uruguay, Law 17.613 recognizes and regulates the existence of two types of non-governmental organizations (NGOs): Civil Associations and Foundations. Both NGO types are non-profit organizations in Uruguay. However, they possess some regulatory differences, and impose different obligations on...

Enter the Market With a Professional Employer Organisation (PEO) in Uruguay

Enter the Market With a Professional Employer Organisation (PEO) in Uruguay

A Professional Employer Organisation (PEO) in Uruguay can offer significant advantages when entering the Uruguayan market. Uruguay's tranquility and security has led foreigners from different parts of the world to do business in the country. Additionally, its attractive business environment and lower costs of production compared to struggling neighbor Argentina is enticing businesses across its...

Requirements to Transform your Company into a SAS in Uruguay

Requirements to Transform your Company into a SAS in Uruguay

Transitioning to a SAS in Uruguay means that a company constituted under another business type adopts the structure and governance practices of the new legal entity. The new SAS legal entity in Uruguay aims to continue promoting entrepreneurship and benefit commercial actors interested in doing business in the country. In September 2019, the Uruguayan government approved the Entrepreneurship...

Sociedad Anónima Simplificada (SAS) in Uruguay: New Legal Entity for Business

Sociedad Anónima Simplificada (SAS) in Uruguay: New Legal Entity for Business

Learn about the Sociedad Anónima Simplificada or SAS in Uruguay, and how it offers a new option for foreign executives to expand into the developing country. Entrepreneurs have long demanded more sophisticated tools to support commercial activity in Uruguay. Despite demonstrating positive GDP growth since 2003, there were still some limitations that impeded the growth of Uruguay’s...

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

“The client must be taken care of and assisted at all times... as this is critical for a long-lasting relationship.” Meet Fernanda Panizza, Biz Latin Hub’s Country Coordinator and Corporate Lawyer in Uruguay. Fernanda has vast experience in business counseling for foreign and national companies. She specializes in corporate, business and labor law in Uruguay. Fernanda was born in Montevideo, the...

How to Liquidate Your Company in Uruguay

How to Liquidate Your Company in Uruguay

If you’re considering exiting the market in Uruguay, you’ll need to find appropriate legal support to understand the laws and processes to liquidate your company in Uruguay. Not every business venture works out as planned. You may have decided to pivot your business strategy in Latin America, which could mean undertaking liquidation proceedings for one of your incorporated companies. In...

New Regulations for Software Technology Business in Uruguay

New Regulations for Software Technology Business in Uruguay

Newly introduced regulation supporting software technology business in Uruguay sets precedent for other Latin American countries. Uruguay is a pioneer in regulations for and development of technologies in the region; the country has a tax framework that reaches streaming service providers such as Netflix and Spotify, which is something that other countries in Latin America such as Peru are still...

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