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Your stable gateway to structuring business
and family wealth across Latin America
Uruguay has built a reputation as one of Latin America’s most stable and open economies.
Its appeal lies in strong democratic institutions, robust legal certainty, a source-based, territorial tax system with limited exceptions, and a deep pool of professional expertise. Combined with the US dollar’s standing as a consolidated currency and free movement of capital, these strengths make Uruguay a preferred destination for foreign investors establishing local companies, and a natural gateway to the Mercosur markets of Argentina and Brazil.
A modern trust framework and competitive investment incentives have strengthened the country’s appeal for wealth planning and family offices. Its free-zone regime further cements Uruguay’s position as a natural home for international trading and software companies, as well as free-zone operations.
Our Montevideo office is home to a dedicated team, committed to helping you establish and maintain compliance for your business ventures across Latin America.
With expertise spanning trusts, wealth planning, corporate structuring and family office support, our team will guide you in building effective structures and savings strategies tailored to your goals.
What we do:
Setting up a company in Uruguay is straightforward, but don't overlook the necessary preliminaries and paperwork. Our skilled team ensures seamless setup and ongoing compliance in line with evolving regulations.
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Factsheet: (pending)
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With Alpadis, corporate doesn’t have to mean complicated. We’ll provide you with a company secretary and all the support you need to meet your statutory obligations under Uruguayan law.
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Cross-border knowledge meets attention to detail.
We take care of your accounting needs so you can optimise your operational costs, ensure ongoing compliance with local regulations and accounting standards, and benefit from professional analysis and timely, relevant insights.
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Optimise your taxes. Minimise your risks.
We ensure your tax compliance with Uruguayan regulations and help you structure source-based income efficiently. Our experienced team also handles enquiries from the Dirección General Impositiva (DGI), so you can focus on what matters most.
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Our local experts will help you navigate Uruguayan employment rules and regulations, so you can kick-start your local presence or continue your business without any hassle.
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Transparent where it matters. Discreet when it counts.
We keep pace with the latest Uruguayan regulatory changes, ensuring your company meets its local and statutory obligations before the Central Bank (BCU), the Internal Audit Office (AIN), the DGI, and SENACLAFT, among others.
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Wherever you need us to be.
We’ll set up a registered office and serve as your company’s official address, whether you choose a virtual office or a physical presence. Alternatively, enjoy superior workspaces, meeting rooms, and support services from our centrally located offices in Montevideo.
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A legacy, built to last.
We’ll help you build a roadmap to wisely preserve and distribute your assets while optimising tax exposure. Our Uruguayan team works with you to maximise the wealth passed on to heirs and charities, leveraging Uruguay’s absence of inheritance taxes to propose efficient, sustainable solutions - wherever your assets are located, now or in the future.
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Built on solid law. Backed by specialist expertise.
Our trust specialists will assess your needs and propose the trust structure best suited to your requirements under Uruguay’s Trust Law (Law No. 17,703), ensuring ongoing compliance with applicable legislation and all relevant reporting and disclosure regulations.
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Factsheet: (pending)
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Your family’s guide to growth and independence.
A successful family office depends on trusted, competent external professionals who can offer sound, independent, third-party advice tailored to each family’s needs. That’s exactly what we provide through our Montevideo office.
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Wealth is mobile. So are we.
Considering making Uruguay your home? We’ll help you navigate this complex, and at times stressful, journey - anticipating potential problems and mitigating risks along the way. From securing your legal residence to establishing tax residency, and, where you qualify, electing Uruguay’s tax holiday on foreign-source income, we’re with you every step.
What we do:
Factsheet: (pending)
Situated in Montevideo, Uruguay’s capital and financial centre, our office boasts a team with extensive experience in trust and corporate services across multiple jurisdictions.
Our experienced, multidisciplinary team speaks:
Ricardo Sánchez joined Alpadis in 2026, bringing more than 20 years’ expertise in international taxation, cross-border structuring, and private client services. Today, he leads the firm’s international tax and private clients practice, working closely with high-net-worth families, individuals, and multinational companies across Europe and Latin America to develop efficient wealth protection and succession planning solutions.
With a career spanning leading law firms and global financial institutions in Switzerland, Luxembourg, Spain, and Uruguay, Ricardo has held senior roles as Wealth Planner at UBS and J.P. Morgan in Geneva, advising private clients on complex cross-border legal and tax matters. Before joining Alpadis, he was a partner at Gardien, where he led the international taxation and private clients areas and headed the firm’s Spain office.
Ricardo holds a law degree from the University of Salamanca (Spain), an LL.M. in Corporate Tax Advisory and an M.B.A., both from IE Business School (Spain). He also holds the STEP Diploma in International Trust Management and the Advanced Professional Certificate in International Taxation from the International Bureau of Fiscal Documentation (IBFD). He is fluent in Spanish, English, Italian, and French.
Martín Rubio joined Alpadis as Executive Director of the Uruguay office in 2026. Today, he leads the Montevideo team, develops Alpadis’ presence in the region, and ensures the delivery of a top-tier client experience for businesses, families, and high-net-worth individuals.
A specialist in corporate, tax law and wealth planning, Martín brings over 10 years’ experience advising multinational companies on establishing in Uruguay and Latin American clients on protecting their family and business assets. He has extensive expertise in structuring, succession planning, wealth preservation, and regulatory compliance across both domestic and international matters. Before joining Alpadis, he was a partner at Gardien, where he led the firm’s Uruguay office and worked with agents, advisers, and clients across Latin America and Europe on complex corporate mandates and the implementation of their wealth and succession planning.
Martín holds a law degree (Doctor en Derecho) from Universidad Católica del Uruguay, an LL.M. in Corporate Legal Advisory from IE Business School in Spain, and a postgraduate degree in International Taxation from Universidad de Montevideo. He is a member of STEP, holding its Certificate in International Trust Management, Estate Planning and Tax Advisory. He is fluent in Spanish and English.
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