Key benefits of establishing a trading business in Uruguay

Uruguay’s GDP grew by 2.7% in 2017. This has brought the country’s positive growth streak to an unprecedented 15 years. While neighboring countries like Brazil or Argentina are seeing fluctuations in their GDP, Uruguay remains a force of stability. Uruguay is now one of the most attractive Latin American jurisdictions for the establishment of companies. Uruguay allows 100% foreign ownership of local companies, and companies can be formed with only one shareholder. Uruguay is well-connected via trade…