Uruguay's Offshore Corporate Vehicles

Advantages of Uruguay as a Jurisdiction

• Reputable jurisdiction
• Foreign income and assets of a Uruguayan Corporate Vehicle are not taxed
• Flexibility
  • Shares may be bearer-type or nominative
  • Company does not require more than one director or shareholder
  • Directors and shareholders may be non-Uruguayan
  • Presence of directors and shareholders is not required in Uruguay
  • Purpose may be all-encompassing of any business activity
• Solid banking system
• Free inflow and outflow of capital in any currency

Uruguay's Corporate Vehicles: SAs

• Type of vehicle called "Sociedad Anónima" (SA)
• Capital is divided into shares
• Shares may be bearer shares or nominative shares