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Comparison
Company registration in Latin America, compared
Mexico has the lowest available corporate tax rate here: 0% for companies that qualify. Registration starts lowest in Mexico, from $2,340. Ecuador has the shortest typical registration time (1-2 weeks). Uruguay, Paraguay, Mexico, El Salvador, Peru and Brazil can be registered remotely. Uruguay, Paraguay and El Salvador use territorial taxation.
From our country pages, last updated August 04, 2026. Prices in USD for the base registration.
| Country | Price from | Registration time | Corporate tax from | VAT / GST | Territorial tax | Remote setup | Foreign ownership |
|---|---|---|---|---|---|---|---|
| 🇺🇾 Uruguay | $4,099 | 2-4 weeks | 25% | 22% | Yes | Yes | Yes |
| 🇵🇾 Paraguay | $3,600 | 2-4 weeks | 10% | 10% | Yes | Yes | Yes |
| 🇲🇽 Mexico | $2,340 | 3–6 weeks (remote) | 0% | - | No | Yes | Yes |
| 🇸🇻 El Salvador | $2,640 | 3-4 weeks | 30% | 13% | Yes | Yes | Yes |
| 🇵🇪 Peru | $3,000 | 3-4 weeks | 29.5% | 18% | No | Yes | Yes |
| 🇪🇨 Ecuador | $2,640 | 1-2 weeks | 22% | 15% | No | No | Yes |
| 🇻🇪 Venezuela | $4,940 | ~2 months (SAREN approval + incorporation, end-to-end) | 34% | 16% | No | No | Yes |
| 🇧🇷 Brazil | $5,005 | 4-6 weeks | 34% | 17% | No | Yes | Yes |
Corporate tax is the lowest rate available through special regimes; standard rates can be higher. Not tax advice. Each country page has the detail.
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FAQ
Questions about Latin America
Which country in Latin America has the lowest corporate tax?
Which country in Latin America has the lowest corporate tax?
Mexico has the lowest available corporate tax rate here: 0% for companies that qualify. These are the lowest rates available through special regimes such as free zones or exemptions for foreign income; standard rates can be higher, so check what applies to your company with a tax advisor.
Where is it cheapest to register a company in Latin America?
Where is it cheapest to register a company in Latin America?
Registration starts lowest in Mexico, from $2,340. Prices cover the base registration; banking and other add-ons are quoted separately.
Which country in Latin America is fastest to register a company in?
Which country in Latin America is fastest to register a company in?
Ecuador has the shortest typical registration time (1-2 weeks). Times are typical once your documents are complete; the registry sets the pace.
Can I register a company in Latin America remotely?
Can I register a company in Latin America remotely?
Uruguay, Paraguay, Mexico, El Salvador, Peru and Brazil can be registered remotely.
More comparisons
Want a different set? Compare any three countries, or see formation costs and taxes across every jurisdiction.