There are only three legal options for operating a foreign business to operate in Uruguay, they are: the Sociedad Anonima or “SA”, a partnership limited by shares (a corporation) the Sociedad de Responsabilidad Limitada or “SRL” or “Ltda.”, a limited liability company. the Unipersonal, a sole proprietorship. This article describes some of the basic characteristics of these business structures, as well as the options available to open them. What type of business structure…