Innovation in Uruguayan Business Law: The “Benefit and Collective Interest Companies and Trusts”

• Carlos José de Cores Helguera ^[1] ; Patricia Di Bello ^[2] ; Natalia Hughes ^[2]
  1. [1] Universidad Pontificia Comillas

     Universidad Pontificia Comillas

     Madrid, España

     
  2. [2] Universidad de la República

     Universidad de la República

     Uruguay

     
• Localización: The International Handbook of Social Enterprise Law: Benefit Corporations and Other Purpose-Driven Companies / coord. por Henry Peter, Carlos Vargas Vasserot, Jaime Alcalde Silva, 2023, ISBN 978-3-031-14215-4, págs. 921-939
• Idioma: inglés
• Enlaces
  • Texto completo
• Resumen

  • This contribution deals with the experience of benefit companies in Uruguay. It introduces the concept of a benefit company, compares it to the status of “B companies,” and describes the situation before, and after the approval of Law No. 19.969 (July 2021) on “Benefit and Collective Interest Companies.” This chapter concludes with an attempt to assess the importance of the legislation and comes to some conceptual conclusions on the matter.