Uy Company Formation

---
name: uy-company-formation
description: "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."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/uy-company-formation"
  jurisdiction: "UY"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Uruguay Company Formation & Entity Choice

## Entity types, capital & incorporation

- **SAS — Sociedad por Acciones Simplificada** — Flexible stock company; can have a single shareholder; largely digital incorporation; cannot be formed by an SA  _(Ley 19.820 (Sociedades por Acciones Simplificadas))_
- **SRL — Sociedad de Responsabilidad Limitada** — Limited liability company; 2 to 50 partners; quotas not freely tradeable  _(Ley 16.060 (Ley de Sociedades Comerciales))_
- **SA — Sociedad Anonima** — Stock corporation; minimum 2 shareholders (individuals or entities, any nationality); shares freely transferable  _(Ley 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 statute  _(Direccion 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 registry  _(Ley 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 records  _(Texto 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)_

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.

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `uy-company-formation` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/uy-company-formation. If neither is available, confirm every figure against the official source pages cited above before relying on it.