Uruguay

As a member of Mercosur, with free trade agreements with other LATAM countries, Uruguay provides access to a market of more than 400 million people, and represents a flow of foreign trade of almost 74% of Latin America’s total. The country also hosts the highest literacy rate in Latin America (98% of the population), and modern infrastructure.  

Foreign investors are attracted to Uruguay’s political stability, business climate, and skilled workforce. FDI mainly comes from Argentina, Brazil, Spain, the Netherlands, and the USA, directed towards manufacturing, construction, and agriculture. Foreign investors enjoy the same rights and fiscal incentives as local investors. Moreover, FDI are free from restrictions and declaration.  

Despite its relatively low ranking for Ease of Doing Business (101/190), Uruguay is keen on attracting FDI and has an investment promotion law that guarantees equal treatment for local and foreign investors. Individuals and corporations can launch businesses without having to comply with prerequisites, obtain special permits from the state, or have a local counterpart. There is no distinction between national and foreign capital, incentives are available to both, and it takes less than a week to set up a business 

There are some challenges, however, such as Uruguay’s strict labour laws, small population, and vulnerability to the economic shifts of its neighbours.  

AUXADI can become your ideal investment partner in Uruguay. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.

Contact us

Uruguay

As a member of Mercosur, with free trade agreements with other LATAM countries, Uruguay provides access to a market of more than 400 million people, and represents a flow of foreign trade of almost 74% of Latin America’s total. The country also hosts the highest literacy rate in Latin America (98% of the population), and modern infrastructure.  

Foreign investors are attracted to Uruguay’s political stability, business climate, and skilled workforce. FDI mainly comes from Argentina, Brazil, Spain, the Netherlands, and the USA, directed towards manufacturing, construction, and agriculture. Foreign investors enjoy the same rights and fiscal incentives as local investors. Moreover, FDI are free from restrictions and declaration.  

Despite its relatively low ranking for Ease of Doing Business (101/190), Uruguay is keen on attracting FDI and has an investment promotion law that guarantees equal treatment for local and foreign investors. Individuals and corporations can launch businesses without having to comply with prerequisites, obtain special permits from the state, or have a local counterpart. There is no distinction between national and foreign capital, incentives are available to both, and it takes less than a week to set up a business 

There are some challenges, however, such as Uruguay’s strict labour laws, small population, and vulnerability to the economic shifts of its neighbours.  

AUXADI can become your ideal investment partner in Uruguay. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.

Contact us

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International Accounting, Tax and International Payroll Services in 50 countries

Corporations

We can help you with your international expansion and we serve more than 600 clients across many different sections. We become an extension of your finance departments abroad and you can access the accounting information of all your international subsidiaries through a single portal, customised to meet your needs.

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Funds

With nearly $7 billion of assets under management, we can take of the corporate management and SPV administration of your investment structures. Whether you’re creating a holding structure in Luxembourg or setting up a SPV in Europe and Latin America, we offer accounting, reporting, tax compliance and directorship solutions to help make your life easier.

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global payroll providers, corporate accounting, setting up a spv

Our services

Corporate Accounting

We provide accounting administration for global corporations and investments with our unique MultiCountry IT platform.

Tax

We can help sort your international taxes. Our expert tax teams know all the details and will ensure you remain tax compliant.

Payroll

Our international payroll services remove the complexity but keep the confidentiality, using our unique IT system.

Domiciliation

New locations require new entities, and we can help launch your international business in Europe, LATAM or the US.

Cash Management
and administration

Cash management is essential for every business – but monitoring and managing your cash flows can be time-consuming. Auxadi can help.

Consolidation
and reporting

Our unique MultiCountry IT platform gathers the data from all your international entities, making consolidation and reporting stress-free.

Transfer
pricing

We’re on hand to help with your transfer pricing – rely on our local knowledge and expertise.

Directorships

The demand for more knowledgeable and experienced local directors is on the rise. Auxadi can help.

Monitor and manage your international subsidiaries with our MultiCountry online platform

Access our online platform that provides you with a global and harmonized view of the accounting of your international subsidiaries, with drill down functionality to check support documentation, such as: invoices, outstanding creditors, approve payment orders, manage the payroll processing cycle and so much more. Request a demo to see how our technology can help you.

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Meet the team

Raimundo Díaz
Global Head of International Corporations

Claudia Nunes

Claudia Nunes
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International Ops. & BD

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BASIC DATA PROTECTION INFORMATION
CONTROLLER: AUXADI CONTABLES & CONSULTORES S.A.; PURPOSE: Send you news, publications, offers and/or services provided by AUXADI; ADDRESSEES: Auxadi Group companies; LEGITIMATION: Consent of the data subject; ADDRESSEES: Auxadi Group companies; RIGHTS: Access, rectification, erasure, opposition, restriction and portability, as explained in the additional information; ADDITIONAL INFORMATION: You can consult the additional and detailed information on Data Protection on our website: Privacy and Data Protection Policy; CONTACT: To exercise any of your rights or to consult any doubt regarding data protection, send us an email to GDPR@auxadi.com.