Auswandern-Uruguay ! Die Alternative zu Europa ?

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Featured snapshot report
Uruguay
Region: Latin America & Caribbean
Income category: Upper middle income
Population: 3,463,197
GNI per capita (US$): 4,360.00
Informal economy estimate (% GNP): 51.1
Country laws: see our Law Library

Note: Please see the Economy Characteristics methodology for information on sources.
Ease of... 2006 rank 2005 rank Change in rank
Doing Business 64 70 +6
Starting a Business 134 131 -3
Dealing with Licenses 56 51 -5
Employing Workers 58 57 -1
Registering Property 138 133 -5
Getting Credit 33 41 +8
Protecting Investors 83 81 -2
Paying Taxes 76 76 0
Trading Across Borders 59 57 -2
Enforcing Contracts 119 116 -3
Closing a Business 37 73 +36

Starting a Business (2006)
The challenges of launching a business in Uruguay are shown below. Entrepreneurs can expect to go through 10 steps to launch a business over 43 days on average, at a cost equal to 44.2% of gross national income (GNI) per capita. They must deposit at least 183.3% of GNI per capita in a bank to obtain a business registration number.
Indicator Uruguay Region OECD
Procedures (number) 10 10.2 6.2
Time (days) 43 73.3 16.6
Cost (% of income per capita) 44.2 48.1 5.3
Min. capital (% of income per capita) 183.3 18.1 36.1
Details | Compare All Economies

Dealing with Licenses (2006)
The steps, time, and costs of complying with licensing and permit requirements for ongoing operations in Uruguay are shown below. It takes 17 steps and 156 days to complete the process, and costs 96.32% of income per capita.
Indicator Uruguay Region OECD
Procedures (number) 17 15.4 14.0
Time (days) 156 198.7 149.5
Cost (% of income per capita) 96.3 246.2 72.0
Details | Compare All Economies

Employing Workers (2006)
The difficulties that employers in Uruguay face in hiring and firing workers are shown below. Each index assigns values between 0 and 100, with higher values representing more rigid regulations. The Rigidity of Employment Index is an average of the three indices. For Uruguay the overall index is 31.
Indicator Uruguay Region OECD
Difficulty of Hiring Index 33 34.0 27.0
Rigidity of Hours Index 60 34.8 45.2
Difficulty of Firing Index 0 26.5 27.4
Rigidity of Employment Index 31 31.7 33.3
Hiring cost (% of salary) 6.2 12.5 21.4
Firing costs (weeks of wages) 31.2 59.0 31.3
Details | Compare All Economies

Registering Property (2006)
The ease with which businesses can secure rights to property is measured below. In Uruguay it takes 8 steps and 66 days to register property. The cost to register property there is 7.1% of overall property value.
Indicator Uruguay Region OECD
Procedures (number) 8 6.6 4.7
Time (days) 66 77.4 31.8
Cost (% of property value) 7.1 6.0 4.3
Details | Compare All Economies

Getting Credit (2006)
Measures on credit information sharing and the legal rights of borrowers and lenders in Uruguay are shown below. The Legal Rights Index ranges from 0-10, with higher scores indicating that those laws are better designed to expand access to credit. The Credit Information Index measures the scope, access and quality of credit information available through public registries or private bureaus. It ranges from 0-6, with higher values indicating that more credit information is available from a public registry or private bureau.
Indicator Uruguay Region OECD
Legal Rights Index 4 4.5 6.3
Credit Information Index 6 3.4 5.0
Public registry coverage (% adults) 13.2 7.0 8.4
Private bureau coverage (% adults) 85.3 27.9 60.8
Details | Compare All Economies

Protecting Investors (2006)
The indicators below describe three dimensions of investor protection: transparency of transactions (Extent of Disclosure Index), liability for self-dealing (Extent of Director Liability Index), shareholders’ ability to sue officers and directors for misconduct (Ease of Shareholder Suits Index) and Strength of Investor Protection Index. The indexes vary between 0 and 10, with higher values indicating greater disclosure, greater liability of directors, greater powers of shareholders to challenge the transaction, and better investor protection.
Indicator Uruguay Region OECD
Disclosure Index 3 4.3 6.3
Director Liability Index 4 5.1 5.0
Shareholder Suits Index 8 5.8 6.6
Investor Protection Index 5.0 5.1 6.0
Details | Compare All Economies

Paying Taxes (2006)
The effective tax that a medium size company in Uruguay must pay or withhold within a year is shown below. Entrepreneurs there must make 41 payments, spend 300 hours, and pay 27.61% of gross profit in taxes.
Indicator Uruguay Region OECD
Payments (number) 41 41.3 15.3
Time (hours) 300 430.5 202.9
Total tax rate (% profit) 27.6 49.1 47.8
Details | Compare All Economies

Trading Across Borders (2006)
The costs and procedures involved in importing and exporting a standardized shipment of goods in Uruguay are detailed under this topic. Every official procedure involved is recorded - starting from the final contractual agreement between the two parties, and ending with the delivery of the goods.
Indicator Uruguay Region OECD
Documents for export (number) 9 7.3 4.8
Time for export (days) 22 22.2 10.5
Cost to export (US$ per container) 552 1,068 811
Documents for import (number) 9 9.5 5.9
Time for import (days) 25 27.9 12.2
Cost to import (US$ per container) 666 1,226 883
Details | Compare All Economies

Enforcing Contracts (2006)
The ease or difficulty of enforcing commercial contracts in Uruguay is measured below. It takes 39 steps and 655 days to enforce contracts there. The cost of enforcing contracts is 15.89% of debt.
Indicator Uruguay Region OECD
Procedures (number) 39 39.3 22.2
Time (days) 655 641.9 351.2
Cost (% of debt) 15.9 23.4 11.2
Details | Compare All Economies

Closing a Business (2006)
The time and cost required to resolve bankruptcies is shown below. In Uruguay, the process takes 2.08 years and costs 7.00% of the estate value. The recovery rate, expressed in terms of how many cents on the dollar claimants recover from the insolvent firm, is 43.17.
Indicator Uruguay Region OECD
Time (years) 2.08 2.6 1.4
Cost (% of estate) 7.00 13.6 7.1
Recovery rate (cents on the dollar) 43.2 25.7 74.0
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