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 2021, there were over 190,000 privately owned economically active legal entities in Uruguay, down from around 192,815 a year earlier. According to the Number of privately owned economically active legal entities in Uruguay in 2017 and 2021
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INE (Uruguay). (October 21, 2022). Number of privately owned economically active legal entities in Uruguay in 2017 and 2021 [Graph]. In Statista. Retrieved December 01, 2023, 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 2021." Chart. October 21, 2022. Statista. Accessed December 01, 2023. https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay). (2022). Number of privately owned economically active legal entities in Uruguay in 2017 and 2021. Statista. Statista Inc.. Accessed: December 01, 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 2021." Statista, Statista Inc., 21 Oct 2022, https://www.statista.com/statistics/1081595/number-companies-uruguay/
INE (Uruguay), Number of privately owned economically active legal entities in Uruguay in 2017 and 2021 Statista, https://www.statista.com/statistics/1081595/number-companies-uruguay/ (last visited December 01, 2023)
Number of privately owned economically active legal entities in Uruguay in 2017 and 2021 [Graph], INE (Uruguay), October 21, 2022. [Online]. Available: https://www.statista.com/statistics/1081595/number-companies-uruguay/