The establishment of a company in Uruguay is a relatively simple process that can be completed through Uruguay's companies registration one-stop-shop, Empresa en el Día. The following outlines the basic requirements for establishment:
- Choose the company name and reserve it through the online portal of the one-stop-shop (www.portaldelaempresa.gub.uy)
- Open a bank account and deposit the initial capital
- Notarize the articles of association and signatures of the company
- Submit the company documents to the one-stop shop for registration and incorporation
- Pay the related fees at the local payment agency
The entire process can be completed in approximately 7 days.