Legal system |
based on Spanish civil law |
Types of companies |
Financial Investment Companies (Holdings) |
Minimum authorised share capital |
USD 100,000 |
Paid capital |
5% of the authorised capital |
Minimum number of shareholders |
one, individual or corporate, resident or not |
Minimum number of directors |
one, individual or corporate, resident or not (but a legal representative in Uruguay must be appointed) |
Public disclosure of beneficial owners |
no |
Submit annual return and accounts |
yes |
| Time to supply documents |
shelf companies – 3 weeks, tailor made – 3,5 months |
| Additional information |
Hague Convention of 1961 applies |
Jurisdictions
