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Who Assists with Business Registration – Is an Accountant and a Notary Required?

Business registration in Uruguay is usually handled with the help of a local accountant and, if necessary, a notary.

Work, income and business

Answer

A local accountant and, if necessary, a notary usually help register a business in Uruguay. An accountant can set up the company on the owner’s behalf, and company registration is handled through the accountant and notary.

The accountant helps choose a regime, register with the tax and social security systems, and set up accounting, reporting, and mandatory payments. Their role is important before the first payment from a client, because errors in paperwork or contributions can later create a debt.

A notary is needed for incorporation and certification procedures, especially when a company, partners, signatures, and formal documents are involved. For a straightforward sole proprietorship, their involvement may be less extensive than for a legal entity. The owner must still understand what is being arranged on their behalf.

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