Source-cited draft: company formation & entity choice for Uruguay (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Built by Michael Cutajar and the OpenAccountants team. Written from the official sources it cites.
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SAS — Sociedad por Acciones Simplificada
Flexible stock company; can have a single shareholder; largely digital incorporation; cannot be formed by an SALey 19.820 (Sociedades por Acciones Simplificadas)
SRL — Sociedad de Responsabilidad Limitada
Limited liability company; 2 to 50 partners; quotas not freely tradeableLey 16.060 (Ley de Sociedades Comerciales)
SA — Sociedad Anonima
Stock corporation; minimum 2 shareholders (individuals or entities, any nationality); shares freely transferableLey 16.060 (Ley de Sociedades Comerciales)
SAS minimum capital
No fixed legal minimum — must be consistent with the company's purpose ((approx — confirm))Ley 19.820 (Sociedades por Acciones Simplificadas)
SRL minimum capital
No fixed statutory minimum; partners must pay at least 50% of cash contributions at incorporation, balance within ~2 years ((approx — confirm contribution timing))Ley 16.060 (Ley de Sociedades Comerciales)
SA minimum capital
No high statutory floor; at least 25% of subscribed capital must be paid in at incorporation ((approx — confirm paid-in/subscription minimums))Ley 16.060 (Ley de Sociedades Comerciales)
Commercial registration
Register the constitutive statute with the Registro Nacional de Comercio (and publish in the Diario Oficial and a newspaper for SA/SRL)Ley 16.060 (Ley de Sociedades Comerciales)
Tax & social security registration
Register with DGI (RUT tax number) and BPS before commencing activity; notary involvement is required for the statuteDireccion General Impositiva / Banco de Prevision Social
Incorporation timeline
SAS can be set up in days via the digital platform; SA/SRL with publication and registry approval commonly take around 30 days ((approx — varies with notary and registry workload))Ventanilla Unica de Inversiones (VUI) / Registro Nacional de Comercio
Beneficial owner / shareholder registry
Companies must report ultimate beneficial owners and bearer/registered shareholdings to the Banco Central del Uruguay registryLey 18.930 y Ley 19.484 (registro de titulares y beneficiarios finales)
Core annual compliance
Annual IRAE return, monthly IVA and IRAE advances, monthly BPS payroll filings, annual Impuesto al Patrimonio (net wealth tax) return, and statutory accounting recordsTexto Ordenado 1996 (DGI) y Ley 16.060
Financial statement filing
Larger entities must file audited/reviewed financial statements with the Registro de Estados Contables (AIN) within set deadlines after year-end ((approx — thresholds and deadlines vary by size))Auditoria Interna de la Nacion (AIN) - Registro de Estados Contables
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
The common vehicles are the SAS (simplified stock company), SRL (limited liability company) and SA (stock corporation). The SAS is the modern default for SMEs with a largely digital incorporation process. New companies must register with the Registro Nacional de Comercio, DGI and BPS.
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