Uruguay: a strategic location for business investment

An up and coming business location in Latin America

Why Uruguay?

Uruguay is a country of high economic liberty with an extensive infrastructure network that allows access to all of Latin America and the rest of the world. Its location, infrastructure and natural conditions position Uruguay as a strategic location for major business and industrial centres in the region.

Our core areas of expertise

TMF Group has been operating in Uruguay since 2006. Our team of local professionals include accountants, HR professionals and members of the local fiduciary, accountancy and tax bodies. We work with over 100 local and multinational companies that are active in retail, aviation, manufacturing, pharmaceuticals, agriculture, and telecommunications.

Our specialist team in Uruguay has strong local market knowledge and will work with you to establish your company and deal with areas including administration, accounting & reporting, tax compliance, HR & payroll and corporate secretarial, allowing you to concentrate on other core areas to ensure your business success.

Our full range of services include:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Capital Markets Services: We provide support to capital market transactions at local level and on a global scale. We help to manage and administer a wide range of transactions, from a complex multi-tranche securitization to a project finance transaction or a syndicated loan. We can also help direct lenders in need of support to administer their loan portfolio.
  • Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations.
  • Corporate Secretarial services: We help you stay compliant, manage your risk and stay on the right side of regulators and filing requirements.
  • Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your local legal requirements for Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), Know Your Customer (KYC), CbCr notification, Master File / Local File and Ultimate Beneficial Owner (UBO) register. 
  • HR and Payroll services: We help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law. We can control payroll schedules, secure data exchange and payroll approvals.
  • International Corporate Structuring: We manage the legal set-up and structuring of new or existing operations.

TMF Uruguay has the local knowledge and experience to provide you with tailor-made solutions to meet all your business requirements.

Understanding local law, regulations, processes and requirements is at the heart of what we do and it is crucial to business success. No matter where in the world you are, our team of experts will help reduce risk, simplify operations and ensure a smooth launch into the Uruguay market.

If you’d like to find out more about how we can help your business succeed, please contact us.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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