{"id":22030,"date":"2026-03-13T12:26:15","date_gmt":"2026-03-13T12:26:15","guid":{"rendered":"https:\/\/globaltax.com.uy\/how-to-open-a-corporation-in-uruguay\/"},"modified":"2026-03-13T12:26:15","modified_gmt":"2026-03-13T12:26:15","slug":"how-to-open-a-corporation-in-uruguay","status":"publish","type":"post","link":"https:\/\/globaltax.com.uy\/en\/how-to-open-a-corporation-in-uruguay\/","title":{"rendered":"How to open a corporation in Uruguay"},"content":{"rendered":"

A corporation is a type of business enterprise where the capital is divided into shares, represented by negotiable instruments, and the liability of the shareholders is restricted to the amount invested in shares. This form of partnership is ideal for businesses that require considerable capital investment.<\/p>\n

Cont\u00e1ctanos para m\u00e1s informaci\u00f3n<\/span><\/a><\/p>\n

Benefits<\/h2>\n

The liability of the partners is limited to their capital contribution. They do not have to use their personal assets to cover company debts. In addition, they are exempt from liability in the activities, foundation and capital increase of the company.<\/p>\n

Founders can start the company with only 50% of the share capital and must complete 100% in less than two years.<\/p>\n

There are tax advantages in property transfer tax and stamp duty.<\/p>\n

In open stock corporations, partners may sell their shares to other investors.<\/p>\n

Members may be Uruguayan or foreigners, regardless of their place of residence.<\/p>\n

Disadvantages<\/h2>\n

Starting a corporation in Uruguay implies a high cost, since a minimum capital of 18 million Uruguayan pesos is required for its formation.<\/p>\n

This type of company also requires a greater amount of legal procedures for its incorporation, which usually makes it more suitable for large business projects.<\/p>\n

Corporations require a more complex organizational structure, including the obligation to hold a shareholders’ meeting at least once a year.<\/p>\n

Requirements<\/h2>\n