Uruguay - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Uruguay was 2.29 as of 2020. Its highest value over the past 14 years was 3.64 in 2012, while its lowest value was 1.50 in 2019.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 1.97
2007 2.25
2008 2.08
2009 1.51
2010 2.07
2011 2.32
2012 3.64
2013 2.80
2014 2.87
2015 2.09
2016 1.78
2017 1.84
2018 1.51
2019 1.50
2020 2.29

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 38.60
2010 15.50
2017 34.20

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 0.100
2010 0.100
2017 0.800

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 34.40
2010 27.50
2017 56.60

Time required to get electricity (days)

The value for Time required to get electricity (days) in Uruguay was 48.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 48.00 in 2019 and a minimum value of 48.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 48.00
2010 48.00
2011 48.00
2012 48.00
2013 48.00
2014 48.00
2015 48.00
2016 48.00
2017 48.00
2018 48.00
2019 48.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 45.53

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 35.20
2010 38.20
2017 22.80

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 26.80
2010 32.00
2017 22.90

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2006 38.60
2010 38.10
2017 28.10

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 0.60
2010 1.80
2017 0.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Uruguay was 15.60 as of 2019. Its highest value over the past 14 years was 15.60 in 2019, while its lowest value was 6.90 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 6.90
2006 6.90
2007 6.90
2008 9.90
2009 15.60
2010 15.60
2011 15.60
2012 15.60
2013 15.60
2014 15.60
2015 15.60
2016 15.60
2017 15.60
2018 15.60
2019 15.60

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Uruguay was 2.60 as of 2019. Its highest value over the past 14 years was 46.70 in 2007, while its lowest value was 2.60 in 2013.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 46.70
2006 46.70
2007 46.70
2008 3.30
2009 2.70
2010 2.70
2011 2.70
2012 2.70
2013 2.60
2014 2.60
2015 2.60
2016 2.60
2017 2.60
2018 2.60
2019 2.60

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Uruguay was 23.60 as of 2019. Its highest value over the past 14 years was 29.90 in 2008, while its lowest value was 17.70 in 2005.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 17.70
2006 17.70
2007 17.70
2008 29.90
2009 23.60
2010 23.60
2011 23.60
2012 23.60
2013 23.60
2014 23.60
2015 23.60
2016 23.60
2017 23.60
2018 23.60
2019 23.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment