Ease of Doing Business Index, it is very easy to start a new business in Uruguay, at least compared to other Latin American countries.
In 2022, there were over 211,000 privately owned economically active legal entities in Uruguay, up from around 190,200 a year earlier. According to the Number of privately owned economically active legal entities in Uruguay in 2017 and 2022
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INE (Uruguay). (December 29, 2023). Number of privately owned economically active legal entities in Uruguay in 2017 and 2022 [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay). "Number of privately owned economically active legal entities in Uruguay in 2017 and 2022." Chart. December 29, 2023. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay). (2023). Number of privately owned economically active legal entities in Uruguay in 2017 and 2022. Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay). "Number of Privately Owned Economically Active Legal Entities in Uruguay in 2017 and 2022." Statista, Statista Inc., 29 Dec 2023, https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay), Number of privately owned economically active legal entities in Uruguay in 2017 and 2022 Statista, https://www.statista.com/statistics/1081595/number-companies-uruguay/ (last visited June 17, 2024)
Number of privately owned economically active legal entities in Uruguay in 2017 and 2022 [Graph], INE (Uruguay), December 29, 2023. [Online]. Available: https://www.statista.com/statistics/1081595/number-companies-uruguay/