Trusts

Challenge

The need to spur investments and credit for the country’s productive sectors as a result of the restricted credit of the 2002 banking crisis led to the passage of the Trust Law as a complement to traditional bank financing.

Uruguay, as other Latin American countries, has a judicial instrument known as a "trust". Trusts are mechanisms of mobility, growth and credit that can channel the needs of the market and reasonably assure risk parameters assumed by the investor.

If the State assured profitability, organized funds and directed a large part of resources, it would leave a narrow margin for private operators to attract domestic savings for alternative projects. If a greater spirit of risk were encouraged by private operators through the use of fiscal incentives, higher growth capital and credit markets would be achieved as has happened in other countries of the region.

Solutions from PricewaterhouseCoopers

At PricewaterhouseCoopers Uruguay, we have been trained to analyze your problems to help you do business in a flexible, agile and safe manner through the use of trusts. We propose an evaluation of alternative structures, identification of advantages and disadvantages of each, design of legal, financial and fiscal aspects and implementation of the solution that best satisfies your needs and protects your business. Our international experience in using this instrument for wide-ranging activities, including individual and business needs, puts us in a position to achieve satisfactory results.

PwC Uruguay professionally assists clients in wide-ranging activities and is among the largest multidisciplinary team of professionals in the country. These characteristics allow us to offer accumulated knowledge applied proactively to solve business problems.

Our local professionals can provide access to the most innovating, dynamic and sophisticated tools applied in the region for doing business.