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SOCIEDAD ANONIMA
 
 

SOCIEDAD ANONIMA

 

A Joint-Stock Company (or S.A.) is a company whose owners participate in the company's development through bonds and shares. The company's debts are not paid for by stockholders' personal assets, but by injection of capital. The core of the S.A. is its board of directors, who bear the responsibility of the company's management.

 
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URUGUAYAN CORPORATIONS

A Limited Liability Company (S.R.L. or LLC) is a type of commercial partnership in which the company's debts are not paid for by the owners' or partners' personal assets, but by injection of capital. Partners do not actively participate in the development of the company, but their ownership is established in the founding document.

 
 
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