Sociedad Anónima S.A.Uruguay
What it takes to form, own and run a public limited company in Uruguay, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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La responsabilidad de los accionistas se limitará a la integración de las acciones que suscriban.
The registry’s and the law’s own pages do not mention it.
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Las sociedades anónimas y las sociedades en comandita por acciones, aun las en formación, a partir de la fecha del acto de fundación o de la culminación de la transformación en su caso.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Required
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 1 · none need live there · a company may be one
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a cargo de un administrador o de un directorio.
- Shareholders
- At least 2 · a company may be one
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Habrá sociedad comercial cuando dos o más personas, físicas
- Members
- At least 2
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Habrá sociedad comercial cuando dos o más personas, físicas
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
- Annual registry fee
- Not stated
The registry’s and the law’s own pages do not mention it.
- Accounts on the public record
- Small exempt
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ingresos totales del estado de resultados, al cierre de cada ejercicio anual, superen las 26:300.000 (veintiséis millones trescientas mil) Unidades Indexadas
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Publish an extract of the company's constitution
- 60 days after incorporation
Art. 255 of Ley 16.060: after registration, within sixty days, an extract is published. The rule counts from registration.
What is public
- Directors
- Public
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Todo nombramiento de administrador, director o representante por acto distinto del contrato o estatuto social, así como su cese o revocación deberá inscribirse en el Registro Nacional de Comercio.
- Beneficial owners
- To the authorities only
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Todo nombramiento de administrador, director o representante por acto distinto del contrato o estatuto social, así como su cese o revocación deberá inscribirse en el Registro Nacional de Comercio.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 25%+2 regimes
IRAE at 25% of net taxable income; sociedades anonimas are taxed as business entities (Titulo 4 TO 1996 arts. 12 and 23)
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Las sociedades anónimas y las sociedades en comandita por acciones, aun las en formación, a partir de la fecha del acto de fundación o de la culminación de la transformación en su caso.
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
Special regimes that may apply
- Exención de tributos nacionales a los usuarios de zonas francas free zone · 100% exempt
Free zone users, for activities carried on within the free zone under their authorisation Ley N° 15.921, artículo 19 - Exoneración de IRAE a la producción de soportes lógicos y servicios vinculados ip box
Producers of software registered under copyright rules, and providers of related development services carried out in national territory, meeting cost and staffing conditions Ley N° 19.637 de 13 de julio de 2018, modificando el artículo 52 del Título 4 del Texto Ordenado 1996; reglamentada por el Decreto N° 244/018, que agrega los artículos 161 bis, 161 ter y 161 quater al Decreto 150/007
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Uruguay
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Dissolution on a cause in art. 159 of Ley 16.060 (decision of the partners under the company type, expiry of the term, achievement or impossibility of the object, losses reducing equity below a quarter of paid-in capital, and others), then liquidation; once the final balance and distribution project are approved and assets distributed (art. 180), the liquidators file a declaration closing the company's activity with the DGI and the BPS, declaring all liabilities extinguished, and the DGI informs the DGR so that the registration is cancelled ex officio (art. 181).
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Las sociedades se disolverán:
- Statutory fee
- Not in our records
Every business in Uruguay
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Uruguay.
Payment and banking services
None of the services whose lists we hold names Uruguay. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Public limited companyDerived our grouping, the same words in every country
- Name in law
- Sociedad Anónima (S.A.)
- ISO 20275 code
- YRMKSecondary GLEIF, Entity Legal Forms code list