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Uruguay
Jurisdictions

Location
South America
Area
176 220
Population

3 399 237
Capital
Montevideo
Language
Spanish
Currency
Uruguayan peso
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)
Nominee services
available
Bearer shares

available
Public disclosure of beneficial owners
 no
Taxation

0.3% of net profit
Submit annual return and accounts
yes
Annual audit

required
Shelf companies
 available
Time to supply documents
shelf companies – 3 weeks, tailor made – 3,5 months
Need to travel
no
Additional information

Hague Convention of 1961 applies

 

Jurisdictions
Ireland Will Not Budge On Corporate Tax Rate

5/20/2012 7:07:00 AM

Hiking Ireland’s corporation tax rate is not in the country’s interests, Prime Minister Enda Kenny has said, a sentiment backed up by his deputy and Finance Minister, who have also stressed that Ireland remains firm in its position on the tax.
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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

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Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>
Comparison Table >>
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G.S.L. Law & Consulting