H&CO
Uruguay

Your strategic partner for Growth and Innovation in the American market.  

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Local Expertise in a Global World

Our network of contact offices spans continents, bringing the expertise of H&CO professionals closer to you. Whether you're seeking financial advice, strategic consulting, or tailored solutions, our dedicated teams in various locations are here to serve you with a personalized touch.

Montevideo

Esteban A. Elena 6405, Oficina 6
(11500)

Locations 2026-uruguay-45

Doing Business

Uruguay offers a stable, transparent business environment with strong legal protections, easy company formation, and attractive incentives such as Free Trade Zones with full tax exemptions. Its strategic location, skilled workforce, and reliable infrastructure make it a secure hub for regional and global expansion. 

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Locations 2026-uruguay-47

How to
open a Business

The process includes drafting bylaws, registering with the National Trade Registry, obtaining a tax ID with the DGI, and meeting labor and compliance requirements. The setup is straightforward and supported by clear, reliable regulations. 

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Locations 2026-uruguay-46

Tax
Treaties

Uruguay and the United States do not have a double tax treaty, but they maintain a Tax Information Exchange Agreement (TIEA). This agreement facilitates cooperation on tax matters and information sharing, helping U.S. and foreign investors operate with greater transparency and compliance when doing business across both jurisdictions. 

Major industries in Uruguay

 

Agribusiness and Food

Uruguay's agriculture and livestock sector remains foundational, with exports of beef, soybeans, rice, and forestry products.

 

Forestry & Cellulose  

The country is a leading exporter of cellulose and wood-based products, driven by large-scale pulp production.

 

Technology / Global Services

Uruguay has a growing tech ecosystem with strong software exports, IT services, and global shared services centers.

 

Renewable Energy

Nearly 98% of Uruguay’s electricity mix comes from renewable sources like wind, hydro, and solar.

FAQs About Doing Business in Uruguay

Key Contacts
 

Why H&CO?

We specialize in guiding global investors, families, and multinational businesses through the complexities of cross-border investments and business expansion. With offices in over 30 countries, we are a trusted partner for those seeking to relocate, invest, or expand their business abroad providing tax, advisory, and integrated global solutions.

  • 1,000+ multilingual professionals, providing local expertise with a global perspective.
  • Client-focused leadership with deep industry experience in global markets.
  • Forbes America’s Top 200 CPAs, 2025
  • Forbes Best in State Top CPAs, 2025
  • USA Today America’s Most Recommended Tax and Accounting Firms, 2025
  • IPA Top 100 Accounting Firms, 2025 – Ranked #66
  • IPA Fastest Growing Firms, 2025
  • SFBJ Largest Accounting Firms by Billings, 2025
  • SFBJ Largest Accounting Firms by CPAs, 2025

Contact us today!

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