TMF Uruguay provides integrated accounting, tax compliance, payroll and HR administration and global entity management services, helping domestic and international companies establish, operate and grow with confidence in Uruguay. Our experienced team supports businesses of all sizes looking to set up, invest or expand their operations in Uruguay and beyond.
Uruguay continues to attract international investment thanks to its stable regulatory environment, strategic location, highly skilled workforce and reputation as a regional hub for international business. Our experts help organisations invest and operate safely in the country.
Key sectors in which we work: shared service centres (SSC), business service centres (BSC), logistics, technology, financial services, real estate, manufacturing, retail, trade, hospitality, fintech and international business services.
Key local expertise
Accounting & tax compliance
End-to-end statutory accounting, tax compliance, reporting and regulatory submissions tailored to Uruguayan regulations, Dirección General Impositiva (DGI) and international requirements. We support:
Transactional accounting processes
Local statutory accounting and tax, including corporate income tax, VAT, payroll-related tax obligations and reporting requirements
Investment project design
Regulatory compliance
Tax incentive arrangements
End-to-end statutory accounting, tax compliance, reporting and regulatory submissions tailored to Uruguayan regulations, Dirección General Impositiva (DGI) and international requirements. We support:
Transactional accounting processes
Local statutory accounting and tax, including corporate income tax, VAT, payroll-related tax obligations and reporting requirements
Investment project design
Regulatory compliance
Tax incentive arrangements
Entity management
Incorporation, governance and entity lifecycle management, helping multi‑jurisdictional structures maintain compliance across Uruguay and beyond. We assist with:
Entity incorporation, including Corporations (Sociedades Anónimas - SA), Simplified Stock Companies (Sociedades por Acciones Simplificadas - SAS), Limited Liability Companies (SRL) and branches of foreign entities
Ongoing corporate compliance
Maintenance of statutory records
Regulatory filings
In-country corporate representation services
Incorporation, governance and entity lifecycle management, helping multi‑jurisdictional structures maintain compliance across Uruguay and beyond. We assist with:
Entity incorporation, including Corporations (Sociedades Anónimas - SA), Simplified Stock Companies (Sociedades por Acciones Simplificadas - SAS), Limited Liability Companies (SRL) and branches of foreign entities
Ongoing corporate compliance
Maintenance of statutory records
Regulatory filings
In-country corporate representation services
Payroll & HR administration
Comprehensive, integrated payroll and HR administration support, helping multi-jurisdictional businesses maintain full compliance with Uruguayan labour laws. We manage:
Payroll processing aligned with the Uruguayan Labour Code, social security and payroll requirements
All HR administration processes
Technical and professional training programmes
Leadership and soft-skills development
Customised training solutions
Comprehensive, integrated payroll and HR administration support, helping multi-jurisdictional businesses maintain full compliance with Uruguayan labour laws. We manage:
Payroll processing aligned with the Uruguayan Labour Code, social security and payroll requirements
All HR administration processes
Technical and professional training programmes
Leadership and soft-skills development
Customised training solutions
Capital markets
Comprehensive and secure support for global capital markets, structured finance and private credit transactions in Uruguay. We provide:
End-to-end support across a range of asset classes and transaction structures, including investment vehicles and mutual fund structures operating under local regulatory frameworks
Comprehensive and secure support for global capital markets, structured finance and private credit transactions in Uruguay. We provide:
End-to-end support across a range of asset classes and transaction structures, including investment vehicles and mutual fund structures operating under local regulatory frameworks
Our offices
Montevideo
TMF Uruguay SRL - TMF Trust Company (Uruguay)
S.A - TMF Uruguay Administradora de Fondos de Inversión y Fideicomisos S.A. Víctor Soliño 349, Floor 21 CP 11300 Montevideo Uruguay
With 13,000 colleagues in 125+ offices across 87 jurisdictions, we provide critical administrative services that help clients invest and operate safely around the world.