Company registration in South America

Country of incorporation Registration fee
3900 USD
7900 EUR
2900 USD
2300 USD
Оn request
Uruguay (SA)
1400 EUR
Uruguay (SAZF)
1400 EUR
Оn request


Letters of recommendations

South America is a promising region for doing business because of its mineral reserves, favorable climate, and qualified local personnel.

The region's advantages

Selling a company in South America or starting a new one is promising because of the following advantages:

  • a simple procedure of opening and buying legal entities
  • availability of qualified staff and relatively low costs associated with hiring employees
  • openness for foreign investors
  • availability of special programs for business development, including taxation in some countries
  • absence of currency control in some countries

Business forms

If you plan to buy a company in South America or otherwise start a business, the following forms are available:

  • Сlose-end company is a legal entity in which the number of participants is limited to a certain number. Participants do not risk losing more than the amount of invested funds in case of liquidation of the legal entity. The constituent documents contain restrictions on the free sale of shares by participants and a ban on the public offer of such shares.
  • Open-end company is a legal entity whose participants' liability is also limited to the amount of invested funds, but the number of such participants is usually not limited. Shares can be freely alienated and offered to a wide range of people. A legal entity, as a rule, is registered to obtain additional external funding.
  • A branch is an option for a foreign legal entity that intends to carry out the same business activities in one of the region's countries as in the country of foundation. In this case, registration in the selected South American country will also be required.
  • A representative office is an option for a foreign entity that is not allowed to conduct business but can carry out activities aimed at promoting services and obtaining information about local markets.

Registration procedure

Company registration in South America requires going through several steps:

  1. Determining the commercial priorities you want to implement.
  2. Drawing up a business plan and collecting data on the founders, beneficiaries, and future managers.
  3. Selection, verification, and reservation of the name.
  4. The choice of a legal address.
  5. Formation of share capital.
  6. Drafting of articles of incorporation and registration documents.
  7. Filing documents for incorporation with payment of associated fees.
  8. Registration for tax purposes and hiring employees.
  9. Opening a corporate bank account.
  10. Obtaining additional permits and licenses that may be required for certain activities.

Prifinance lawyers will develop a detailed plan of registration activities, draw up all necessary documents for the registration of a legal entity in a particular country, and accompany the registration procedures from start to finish.

Legislation and regulatory environment

Legislation is loyal to setting up and running a business. It provides foreign investors equal conditions for conducting commercial activities and local citizens.

Opening a legal entity is quite simple, with several bureaucratic formalities having to be observed. Remote registration is available in some jurisdictions. The functions of registration and licensing are delegated to separate state bodies. Obtaining a license may be required for financial and banking activities. The nuances of legislation, including licensing and regulation, vary depending on the jurisdiction. Prifinance lawyers will advise in detail.

Tax aspects

Tax rates vary depending on the particular jurisdiction in question. General taxes to be paid:

  • corporation tax
  • income tax
  • tax deducted at source  (dividends, interest, royalties)
  • value-added tax (VAT)
  • capital gains tax

Prifinance lawyers will be happy to give detailed advice on paying taxes, make approximate calculations, and organize the process of paying taxes in the country of the region where you register a legal entity.

How Prifinance lawyers can help

Prifinance lawyers will be happy to select the most appropriate jurisdiction for registering a legal entity in the South American region, considering the specific objectives. The lawyers will also draw up a detailed plan of action, draft the incorporation and registration documents, take care of negotiations with local government authorities and partners, and open a bank account. The lawyers will also be happy to accompany the company's operations in the region and other jurisdictions as part of its international business.

Our partners
Based on 56 reviews
powered by Google
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again