Sociedad de Responsabilidad Limitada S.R.L.Uruguay
What it takes to form, own and run a private 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 socios se limitar谩 a la integraci贸n de sus cuotas.
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la sociedad corresponder谩 a una o m谩s personas, socias o no, designadas en el
The registry鈥檚 and the law鈥檚 own pages do not mention it.
The registry鈥檚 and the law鈥檚 own pages do not mention it.
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Las restantes sociedades comerciales reguladas por la Ley N掳 16.060, de 4 de setiembre de 1989, y las Sociedades por Acciones Simplificadas (SAS) reguladas por la Ley N掳 19.820
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- Formed online
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
What it takes to form
- A notary
- Required
- A resident director
- Not required
- Paying up the capital
- Each partner pays in at least 50% of a cash contribution on signing the contract, and completes the rest within two years.
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Cada socio deber谩 integrar como m铆nimo el 50%
Own it
Who may own and run it
- Directors
- At least 1 路 none need live there 路 a company may be one
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la sociedad corresponder谩 a una o m谩s personas, socias o no, designadas en el
- Shareholders
- At least 2 路 at most 50 路 a company may be one
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Habr谩 sociedad comercial cuando dos o m谩s personas, f铆sicas
- Members
- At least 2 路 at most 50
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El n煤mero de socios no exceder谩 de cincuenta.
- A local company secretary
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- A local registered agent
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
Each year, at the registry
- Annual registry fee
- Not stated
The registry鈥檚 and the law鈥檚 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 (veintis茅is millones trescientas mil) Unidades Indexadas
- Audit for a small company
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Pay in the balance of each partner's cash contribution
- 24 months after incorporation
Art. 228 of Ley 16.060: at least 50% on signing, the balance within a period not longer than two years. The article gives the maximum period, not its start; the rule here counts the two years from registration, which is a reading of the article and not its words.
- Publish an extract of the contract
- 60 days after incorporation
Art. 227 of Ley 16.060: within sixty days after the contract is registered, 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, as铆 como su cese o revocaci贸n deber谩 inscribirse en el Registro Nacional de Comercio.
- Shareholders
- Public
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Todo nombramiento de administrador, director o representante por acto distinto del contrato o estatuto social, as铆 como su cese o revocaci贸n deber谩 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, as铆 como su cese o revocaci贸n deber谩 inscribirse en el Registro Nacional de Comercio.
Tax
Tax on profit
How this company type is taxed, which can differ from its place鈥檚 headline rate.
Flat 路 25%+2 regimes
IRAE at 25% of net taxable income; commercial companies under Ley 16.060 are business entities (Titulo 4 TO 1996 arts. 12 and 23)
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Las restantes sociedades comerciales reguladas por la Ley N掳 16.060, de 4 de setiembre de 1989, y las Sociedades por Acciones Simplificadas (SAS) reguladas por la Ley N掳 19.820
Work it out on a profit figure: the company鈥檚 tax, the owner鈥檚, and what is left.
Special regimes that may apply
- Exenci贸n de tributos nacionales a los usuarios de zonas francas free zone 路 100% exempt
Free zone users, for activities carried on within the free zone under their authorisation Ley N掳 15.921, art铆culo 19 - Exoneraci贸n de IRAE a la producci贸n de soportes l贸gicos 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掳 19.637 de 13 de julio de 2018, modificando el art铆culo 52 del T铆tulo 4 del Texto Ordenado 1996; reglamentada por el Decreto N掳 244/018, que agrega los art铆culos 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 disolver谩n:
- Statutory fee
- Not in our records
Every business in Uruguay
VAT
- Standard rate
- Not in our recordsThe tax authority鈥檚 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
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Sociedad de Responsabilidad Limitada (S.R.L.)
- ISO 20275 code
- FKG5Secondary GLEIF, Entity Legal Forms code list