1. Introduction This article analyzes the advantages of converting from a Sociedad de Responsabilidad Limitada (SRL, or Limited Liability Company) to a Sociedad Anónima (SA, or Corporation) or a Sociedad por Acciones Simplificada (SAS, or Simplified Stock Company) — a process known in legal terms as a “transformation.” Below, we…

Uruguayan companies can be used for tax planning and asset protection purposes by individuals and businesses based abroad. Widely recognized for their legal and tax stability, they are an extremely useful and versatile instrument for tax and estate planning. They can be used as holding companies, regional treasury centers, for…

We are frequently consulted by partners in companies where ownership is split 50-50. What seems so normal and natural — dividing participation equally — in most cases leads to a complex corporate dispute down the road. The problem in these cases is that when differences arise and decisions need to…

1. Introduction In December 2003, Law 17,703 was enacted, regulating the trust (fideicomiso) in Uruguay. This legislation established in Uruguayan law a type of legal transaction that has developed significantly in various countries and can be highly useful for estate management, investment channeling, the provision of security interests, the resolution…