Uruguay- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

Key Business Opportunities in Uruguay

Key Business Opportunities in Uruguay

Due to Uruguay's social and political stability, the country is positioned as a safe and friendly economy to do business in. Likewise, Uruguay's inhabitants enjoy a high level of equality and it's Per Capita Income (PCI) is relatively high compared to other Latin American nations. The country has also made important progress in tax regulations that have stimulated foreign investment over the last decade. Learn about the business opportunities in Uruguay and why the fastest-growing economy in...

Manage Your Business Risks with Due Diligence in Uruguay

Manage Your Business Risks with Due Diligence in Uruguay

Discover the benefits of due diligence in Uruguay to make the best decisions when doing business in the country. Uruguay ranks amongst the top nations of Latin America in the Human Development, Human Opportunity and the Economic Freedom Index. The Stability of Uruguayan institutions and low levels of corruption stimulate a healthy and vibrant business environment. Currently, Uruguay is one of the most attractive destinations for foreign executives looking to do business in the region....

What Are Companies’ Corporate Compliance Requirements in Uruguay?

What Are Companies’ Corporate Compliance Requirements in Uruguay?

Uruguay is a very politically stable country with high legal security. It has a non-discriminatory investment policy with no restrictions on the participation of foreign capital. However, as you establish your business, you must be aware of corporate compliance requirements in Uruguay. Legal structures in Uruguay Once a legal entity is duly incorporated in Uruguay, it must meet the necessary corporate compliance requirements to freely operate in the country. These legal obligations are not...

July 2020 Regulatory Update: South and Central America

July 2020 Regulatory Update: South and Central America

Our professionals report notable regulatory updates for July 2020. Biz Latin Hub’s team of legal and accounting specialists operating across all key markets in Latin America report the following notable regulatory updates for July 2020 in Bolivia, Brazil, Chile, Costa Rica, Guatemala, Mexico, Panama, Paraguay, and Uruguay. We support foreign companies in Latin America comply with all corporate regulatory compliance obligations to ensure their success in new markets. For more information on how...

5G in Uruguay Improves Conditions for Doing Business

5G in Uruguay Improves Conditions for Doing Business

Uruguay is not only a country with a favourable investment climate, a promising macroeconomic performance and a strategic location for international trade. It is also one of 34 countries worldwide to deploy 5G network in its cities. Learn about the introduction of 5G in Uruguay and the advantages of doing business in the country. The introduction of 5G in Uruguay Uruguay is the third country in the world to start regular 5G operations. ANTEL has recently completed the installation of the first...

Explaining Developments in Digital Tax in Latin America

Explaining Developments in Digital Tax in Latin America

Economies in Latin America are changing rapidly. One important regulatory development for many countries in the region is digital tax, because it captures services delivered online or electronically. The OECD claims that Latin American economies are making real progress to address the tax challenges arising from the digitization of the economy. This international entity also expects that further digital tax developments in Latin America provides stability and certainty in the international tax...

Why Hire Staff Through an Employer of Record in Uruguay?

Why Hire Staff Through an Employer of Record in Uruguay?

More and more global commercial actors are seeing the value of hiring international employees through an Employer of Record in Uruguay to establish a footprint in this market. An Employer of Record in Uruguay is one of the best ways to ensure your company meets the legal employment standards to hire staff, enter the market, and operate efficiently. With a population of 3 million people, and sharing borders with major regional giants Argentina and Brazil, Uruguay is the ultimate place to expand...

June 2020 Regulatory Update: South and Central America

June 2020 Regulatory Update: South and Central America

Our professionals report notable regulatory updates for June 2020. Biz Latin Hub’s team of legal and accounting professionals based across Latin America report the following notable regulatory updates for June 2020 in Argentina, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Mexico, Panama, Peru, and Uruguay. In our regulatory update series, we report on legal and other reforms that could significantly impact businesses in Latin America. Note that this not an exhaustive list of all...

New Law Improves Access to Tax Residency in Uruguay

New Law Improves Access to Tax Residency in Uruguay

In June 2020, a new decree was introduced to improve access to tax residency in Uruguay. According to Forbes, the country is considered one of the most favorable places to obtain residency and a second passport. Uruguay is characterized by being a country open to investment with a migration policy that provides a framework of public, legal and economic security for foreign nationals who decides to settle in Uruguay. On 11 June, President Luis Lacalle Pou announced Decree 163/20 in order to...

Latest Developments in MERCOSUR Trade Deals and Negotiations

Latest Developments in MERCOSUR Trade Deals and Negotiations

The Southern Common Market (MERCOSUR) brings new trade deals and negotiations to its participating countries Argentina, Brazil, Paraguay, and Uruguay. Its goal is to generate business and investment opportunities. It has driven agreements with other countries, and the so-called Associated States, which lead to meetings and activities between those South American countries. on top of that, MERCOSUR has also brought commercial and political partnerships with countries all over the world. We...

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