Latin America
Founders prioritising rule of law in Latin America, Uruguay
Uruguay sits on EU and FATF clear lists, has 18 DTAs including Germany, Spain and Switzerland, and is consistently ranked the most stable democracy in South America. Territorial tax means 0% on foreign source income.
EU + FATF clear18 DTAsTerritorial tax
Start setup {placement} 4 min · no card required
Corp tax
25%
Fastest setup
4 weeks
Tax treaties
18
Region
Latin America
What you'll need
- No resident director required
- Local registered office required
- No substance requirement
- Minimum capital: No minimum capital
- Administrative language: Spanish
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 25%
- Effective rate ~0%
- Tax treaties 18
- VAT rate 22%
- Withholding on dividends 7%
Key treaty partners
GermanySpainMexicoSwitzerlandSouth KoreaIndia
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
- Wise supported
- Crypto banking available
- EMI license framework available
Considerations
If your operating market is the EU or US
Uruguay's domestic market is small (3.4M people) and Spanish language administration adds friction. For EU or US end customers, a closer to market entity wins on reach and reporting:
Small home marketSpanish adminLimited reach