Uruguay Full Democracy according to The Economist.

Uruguay Full Democracy according to The Economist. # Uruguay ranked first in Latin America in the ranking of global democracy prepared by the prestigious British publication The Economist. In this way, the country enters the select group of full democracies that in Latin America it only shares with Costa Rica. Only 21 countries, 12.6%, are considered “full democracies”: These […]

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Uruguay regulates Teleworking

On March 23 of the current year, Decree 86/022 regulating Law 19978 ” On Approval of Norms for the Promotion and Regulation of Teleworking ” entered into force. This Decree appears as a clarifying element of the Law and is added to the regulatory framework of this new work modality rapidly imposed by the pandemic, which has […]

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Advantages of establishing a SAS in Uruguay

The SAS in Uruguay are a very good option for entrepreneurs or for foreigners who decide to set up their business in the country. It is a flexible corporate structure that facilitates the business startup process. Simplified Stock Companies or SAS , have the characteristics of simpler structures such as Sole Proprietorships and Limited Liability Companies that have […]

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Management of the health crisis and financial economic situation of Uruguay

The incidence of quality of life is a fundamental factor for the number of families that decide to settle in Uruguay to grow. Many foreign businessmen (some belonging to important economic groups) have moved to establish their residence and start new businesses in Uruguay. Many take advantage of tax benefits to work from Uruguay to the region and […]

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Monthly economic report

At the end of March, the evolution of the indicators that we have been following was as follows: Risk country The Country Risk of Uruguay (measured by the UBI Index published by República Afap) as of 03/31/2022 (last business day of the month), it was not possible to obtain such data, since at the time of writing […]

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Uruguay – A country to invest, work and live

Macroeconomic strength, attractive regimes for investors, legal security and modern infrastructure are some of the reasons why Uruguay is rated as an excellent destination for investments. Main reasons for choosing Uruguay as an investment destination: Political, legal and social stability. Macroeconomic soundness. Favorable business climate and tax incentives for the investor. Consolidated democratic system, maintaining […]

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Companies in Uruguay

At Carlos Picos Consultora we are specialists in the creation and administration of Uruguayan Companies. The Societies Uruguayas can be acquired by both residents and non – residents in Uruguay, generating significant benefits to the latter since Uruguay applies the principle of territoriality of the source, so that the activity generated abroad and the profits obtained are not […]

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Professional counseling for your business between China and Uruguay

At Carlos Picos & Associates we are dedicated to legal, tax and accounting advice. As a firm, we have over 30 years of experience in Uruguay, as well as a strong presence in Argentina since 2005, having acquired vast experience in the establishment of businesses in all of Latin America and the Caribbean (LAC). We […]

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Professional counseling for your business between China and Uruguay

At Carlos Picos & Associates we are dedicated to legal, tax and accounting advice. As a firm, we have over 30 years of experience in Uruguay, as well as a strong presence in Argentina since 2005, having acquired vast experience in the establishment of businesses in all of Latin America and the Caribbean (LAC). We […]

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Professional counseling for your business between China and Uruguay

At Carlos Picos & Associates we are dedicated to legal, tax and accounting advice. As a firm, we have over 30 years of experience in Uruguay, as well as a strong presence in Argentina since 2005, having acquired vast experience in the establishment of businesses in all of Latin America and the Caribbean (LAC). We […]

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