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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 in Uruguay Each type of legal entity requires a legal representative in Uruguay. Legal entities must appoint a legal representative to declare the company’s will. This is where the legal representative comes into play. The legal representative in Uruguay is the one who acts in front of third parties to express the company's will and celebrate consequent legal deals. As a result, the company is bounded by the acts and contracts presented in these deals. Therefore, the legal representative in Uruguay will assume commitments and make decisions attributed to the company. A legal representative in Uruguay carries the following main responsibilities: Sign contractsCarry out procedures before public and/or private entitiesRepresent the company in court, either as an actor or a defendant, duly assisted by a lawyerPerform administrative activities. In summary, the legal representative has the broadest powers and responsibilities regarding the administration and representation of the company. This person must carry out all business, acts, and contracts that are aligned with the corporate purpose. Which companies need a legal representative in Uruguay? The three most common types of legal...

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