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From Uruguay · The Americas

Start a US company from Uruguay

For Uruguayan founders who need Stripe, sell into the US as a US vendor or raise from US investors. Stripe doesn't take Uruguayan businesses, so a US company is a common route, and Mercury and Wise Business both serve founders here. Uruguay taxes income from work done here, so read that section first.

Launch + Wyoming filing; the tax return is separate.Checked by Saais Patel, compliance reviewer.

At a glance

Mercury takes applications from founders living in Uruguay. Wise Business is the usual second account.

The banks, in detail
US tax treaty
None
Local Stripe
No
Mercury
Yes
Currency
UYU
Our fee
from $249
Wyoming's fee
$102.40
Until we file
Refunded in full

You can form a US company while living in Uruguay, without an SSN or a US visit, and Mercury and Wise Business both open for founders here. Launch starts at $351.40 in Wyoming, including our plan and state filing fee. Stripe doesn't take Uruguayan businesses, so a US company is a common route to it. The Uruguayan points: income from work done here is taxed here at 25%, and dividends from the company at 12%.

Watch

The first year from Uruguay, in 5 minutes

Thinking of a US LLC while living in Uruguay? Uruguay isn't a tax haven: it taxes the work where it's done, and residents pay tax on dividends from foreign companies too.

Transcript

Before you form

Start with whether you need a US company, and where the work will be done.

  • A US company, after advice

    Card payments from customers worldwide

    Stripe doesn't take Uruguayan businesses. A US company can apply for US Stripe, but work done here is still taxed here.

    Getting access to Stripe
  • A Wyoming LLC or a C-Corp, after advice

    Selling into the US as a US vendor

    Some US buyers and platforms want a US contracting party. Ask how Uruguay sources the income first.

    US companies for SaaS
  • A Delaware C-Corp

    Raising from US investors

    US investors usually want a Delaware C-Corp. With no treaty, its dividends to you are withheld at 30% in the US.

    Raising from US investors
  • A US subsidiary

    A Uruguayan company expanding to the US

    A Uruguayan company can own a US company as its subsidiary. Ask how its dividends come home first.

    US holding companies

BaseAcross's Wyoming LLC and Delaware C-Corp options for founders in Uruguay

Wyoming LLC

Owner-run business with US Stripe, after advice.

State filing
$102.40
Yearly state charge
From $60
Wyoming LLC formation

Delaware C-Corp

Raising from US investors.

State filing
$110
Yearly state charge
$450 for the model shown
Delaware C-Corp formation

Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.

Prepare the information

Different documents are needed at different stages.

You provide

Before state filing

  • Your proposed company name, business activity and chosen structure.
  • Owners' names exactly as on their passports, ownership shares, managers and home addresses.
  • Where the work will be done, because Uruguay taxes income from activities conducted here.
  • The approved company name and formation details.
  • The responsible party. Without an SSN or ITIN, the application goes on Form SS-4.
  • Accurate mailing and principal business addresses, and your signed authorization where required.
You confirm; we prepare

After formation, for the EIN

  • A passport for each owner the provider asks about.
  • Formation documents, the EIN confirmation and the operating agreement.
  • A real business address, your website, a description of the business and the source of funds, as each provider asks.
The provider verifies

For bank and payment applications

  • Your return, with dividends from the company.
  • A record of where the work is done.
  • Any permanent establishment's own filings, if there is one.
You and your tax adviser

For the tax office (DGI)

You don't need a Uruguayan company to form a US company. The EIN is the US company's tax ID. Send identity documents through a secure request, and only the ones asked for.

How it works

Seven steps from Uruguay to a maintained US company.

The state approves the company, the IRS issues the EIN and each provider approves its own account. In Uruguay, your tax adviser handles the tax office; we don't file there.

You and your tax adviser

Check the Uruguayan side first

Decide whether you need a US company at all, and how Uruguay will tax work you do here.

You leave this stage with: A structure and tax plan that fits Uruguay's rules.

01 / 07

Plan the wait

Formation, the EIN and banking have separate timelines.

Published service estimates and prerequisites for a Wyoming company from Uruguay

  1. Wyoming formationSame day
  2. Ordinary EINsix to eight weeks
  3. Expedited EINtwo to three weeks
  4. Bank and payment accountsProvider review
  5. US Stripe accountStripe's review
  1. Wyoming formation

    Same day

    The clock starts
    Complete filing accepted by the state
    What can change it
    Our order checks and filing batch come first. Expedited filing changes our queue; it doesn't speed up the EIN.
  2. Ordinary EIN

    six to eight weeks

    The clock starts
    EIN application after formation
    What can change it
    Included in the plan. This is our published estimate; the IRS queue can change.
  3. Expedited EIN

    two to three weeks

    The clock starts
    EIN application after formation
    What can change it
    Optional $199 service. An estimate, with issuance controlled by the IRS.
  4. Bank and payment accounts

    Provider review

    The clock starts
    Company and owner information ready
    What can change it
    Mercury, Wise and any other provider set their own timing, may ask for more documents and can decline an application.
  5. US Stripe account

    Stripe's review

    The clock starts
    US bank account and website ready
    What can change it
    Stripe reviews the business and the person behind it, and can decline.

These are service estimates, not promised completion dates. The IRS and each provider set their own processing times. Names or addresses that differ between documents slow every stage.

What it costs

The same price from Uruguay as from anywhere.

Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.

LLC cost calculator

Launch

To start

$351.40

$249 our fee + $102.40 Wyoming fee

Renews from $309 a year

OperateBilled yearly

To start

$2,490.40

$2,388 our fee + $102.40 Wyoming fee

Renews from $2,448 a year

Included in both plans

  • State formation filing
  • Registered agent and registered office
  • EIN application without an SSN
  • LLC Operating Agreement or corporate bylaws
  • Bank and payment application guidance
  • Filing calendar and reminders

What changes because you live here

The filing is the same from anywhere. Four things aren't.

Treaty status, payment availability, bank eligibility and time zones. Sources checked 14 October 2026; account approval remains with the provider.

1 of 4: The tax treaty

The tax treaty

The tax treaty: None

There's no US–Uruguay income tax treaty.

US-source dividends, interest and royalties paid to you are withheld at 30% unless a US exemption applies. Pay for work you do in Uruguay generally isn't US-source income, so nothing is withheld on it.

How Uruguay sees it

Uruguay taxes the work where it's done.

The source rule, the rates and dividends come from PwC's summary. They run alongside the US steps below.

  1. When the work is done here

    The company, with your tax adviser

    Income from activities in Uruguay, taxed at 25% through a permanent establishment.

  2. When it pays you a dividend

  3. From 1 January 2026

    You

    A transparency regime for individuals; ask whether it applies.

Worked example

A one-person LLC run from Montevideo, worked through

This is an illustration, not a quote. Whether there's a permanent establishment, and how the LLC is classed, are for your tax adviser.

  1. Your Wyoming LLC makes UYU 3,200,000 of profit, from work you do in Montevideo.

  2. If Uruguay treats the work as a permanent establishment here, tax at 25% is UYU 800,000.

  3. If the company then pays you the remaining UYU 2,400,000 as a dividend, tax at 12% is UYU 288,000.

  4. Work done abroad, for clients abroad, would mostly fall outside Uruguayan tax.

What Uruguay expects

Owning a US company doesn't take you out of Uruguay's tax system.

Uruguay taxes business income from work done in Uruguay at 25%, and residents' dividends from foreign companies at 12%.

Where the work is done

Uruguay taxes business income from activities conducted in Uruguay at 25%. A company is resident only if incorporated here, but a foreign one can have a permanent establishment.

Dividends from abroad

Residents pay 12% on passive income from foreign companies, dividends included, with credit for foreign tax up to 12%.

A transparency regime

From 1 January 2026, Uruguay has a transparency regime for individuals. It has no CFC rules for companies.

Your work income

Income from work is taxed at progressive rates of up to 36%.

Residence

You're resident after more than 183 days here, or when the base of your activities or your vital interests is in Uruguay.

On the record

We form US companies. We aren't Uruguayan tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Uruguay before you order, and we'll tell you what the US forms need.

After formation

Someone has to own each filing, in each country.

US information reporting

A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you. Money you put in, take out or are paid for your work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.

For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.

Form 5472 and the pro forma 1120

State and Uruguayan checks

Keep the registered agent active and track the state's yearly charge. In Uruguay, declare dividends from the company, and expect a permanent establishment's filings if the work is done here.

US-created companies are exempt from BOI reporting under FinCEN's current rule, effective 14 August 2026. Banks and payment providers still verify who owns the company.

Who handles each formation, banking and filing responsibility
TaskWho handles itWhere the responsibility ends
Formation and EIN applicationBaseAcross prepares and submitsThe state approves formation; the IRS issues the EIN.
Bank and payment applicationsYou, with our guidanceThe provider verifies the information and decides.
Uruguayan returnsYou and your tax adviserWe provide the US company records they need.
Annual state filingYou, or our optional filing serviceReminders are included; managed filing and the state charge are separate.
US federal returnsYou and your US tax preparerLaunch and Operate remind you; they don't file the return.

Prepare the conversation

Take these questions to your tax adviser before you order.

Bring the owners, where each lives, the operating agreement, where the work will be done and the business activity. Each question is also in Spanish.

Download the checklist for your tax adviser (.txt)
  1. 01
    EN

    Is work I do in Uruguay for my US LLC Uruguayan-source income, taxed here?

    ES

    ¿El trabajo que hago en Uruguay para mi LLC estadounidense es renta de fuente uruguaya y tributa aquí?

  2. 02
    EN

    Does my US LLC have a permanent establishment in Uruguay, taxed at 25%?

    ES

    ¿Mi LLC estadounidense tiene un establecimiento permanente en Uruguay, gravado al 25 %?

  3. 03
    EN

    Are dividends from it taxed at 12%, and how do I declare them?

    ES

    ¿Los dividendos que me pague tributan al 12 % y cómo los declaro?

  4. 04
    EN

    Does the transparency regime that began in 2026 reach my US company?

    ES

    ¿El régimen de transparencia vigente desde 2026 alcanza a mi empresa estadounidense?

  5. 05
    EN

    How does Uruguay class my US LLC: as a company or as transparent?

    ES

    ¿Cómo califica Uruguay a mi LLC estadounidense: como sociedad o como entidad transparente?

  6. 06
    EN

    Would a Uruguayan company serve me better than a US company?

    ES

    ¿Me convendría más una sociedad uruguaya que una empresa estadounidense?

  7. 07
    EN

    How should I keep records for the US return and my Uruguayan return?

    ES

    ¿Cómo debo llevar los registros para la declaración en Estados Unidos y mi declaración en Uruguay?

Questions

Questions from Uruguay.

If yours is not here, email us at hello@baseacross.com before you order.

Can a Uruguayan resident own a US LLC?

Yes. US law doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications all happen remotely. The Uruguayan questions are where the work is done and how dividends are taxed.

Is Uruguay a tax haven for foreigners?

No. Uruguay taxes business income from activities conducted in Uruguay at 25%, and residents' dividends from foreign companies at 12%. Income from work done abroad is mostly outside its tax.

Is income from my US company taxed in Uruguay?

If the work is done here, it can be. Uruguay taxes income from activities conducted in Uruguay, and a foreign company can have a permanent establishment here. Ask your tax adviser how yours would be treated.

How are dividends from the company taxed in Uruguay?

At 12%, as passive income from a foreign company. Tax paid abroad on it can be credited, up to 12%.

Does Uruguay have CFC rules?

Not for companies. From 1 January 2026 it has a transparency regime for individuals, so ask your tax adviser whether it reaches your US company.

How much does a US company from Uruguay cost?

Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Your tax adviser's fees, US return preparation and Uruguayan filings are separate. Wyoming's license tax can be more than its $60 minimum.

Should I form a Wyoming LLC or a Delaware C-Corp from Uruguay?

A Wyoming LLC suits an owner-run business that needs Stripe or sells to US customers, once you know how Uruguay will source its income. A Delaware C-Corp suits raising from US investors. Nonresident aliens can't hold shares in an S-corporation.

Can I get an EIN without an SSN or ITIN?

Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number.

How long does it take from Uruguay?

Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Banks, payment providers and Stripe each set their own review times. These are estimates, not promises.

Can I open a Mercury account from Uruguay?

Usually you can apply. Uruguay isn't on Mercury's list of countries it doesn't serve, and the list goes by where you live. Mercury still reviews each company and can decline.

Can I use Wise Business for the US company?

Usually, yes. Uruguay is on Wise's list of places where people can hold money, so a US company run from Uruguay can get USD account details. Wise reviews each business.

Do I need a US company for Stripe in Uruguay?

For Stripe itself, usually yes. Stripe doesn't list Uruguay among the countries it supports. A US LLC with an EIN and a US bank account can apply for a US Stripe account, and Stripe can decline.

Do I pay US tax on work I do from Uruguay?

Generally not. Pay for work you do in Uruguay is generally not US-source income, so a US company with no US office or staff often owes no US income tax on it. A single-owner LLC still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you.

Does Uruguay have a tax agreement with the US?

Not an income tax treaty. There's no US–Uruguay income tax treaty in force, so US-source dividends, interest and royalties paid to you are withheld at 30% unless a US exemption applies.

Does BaseAcross file the US and Uruguayan returns for me?

On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Your Uruguayan returns are for you and your tax adviser.

Does my new US LLC need a BOI report?

US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.

Ready when you are

Answer the questions. We do the filing.

It takes about four minutes. You see the whole order, state fee included, before anything is charged.

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Uruguay

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LLC · Cheyenne, WY

Plan
Launch
First year
$351.40
To order
10 steps
Start from Uruguay

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